As everyone who has ever tried it knows, starting a business is a lot of work. But the payoff of all the labour is a thriving company that posts steady growth numbers year in and year out by meeting a concrete need in today’s economy. And for some business owners, the time might even come for a major expansion into new markets or new industries.
The only problem with business expansion is that it tends not to be cheap — adding new products or services to your line-up, or expanding into new geographic territory can’t be done without extra investment capital. This is why SharpShooter Funding is ready to help new businesses by providing business expansion funding that can get you results.
Keep reading to find out more about the unique SharpShooter Funding approach to business funding, and how we can help you find the right funding solutions for your next expansion today.
What is Business Expansion Funding?
But before we get into specifics about the SharpShooter Funding approach, it’s probably worthwhile to explain a little more about what, exactly, business expansion funding is.
As you might expect from its name, business expansion funding is a particular kind of financial instrument designed to help companies secure the cash they need to scale up their operations. We offer business expansion funding to companies that:
- Are established in their industry
- Have a proven track record of success
- Need cash to cover costs involved in growth
- Can demonstrate a reasonable expectation of return on investment
This makes business expansion funding different from other kinds of funding we offer. We understand that many entrepreneurs have incredible ideas for new products, services, or business to business solutions and need funding to get their businesses off the ground — that’s why we offer small business funding and other tools to help them reach their goals.
But if you can already show that your products and services are popular, and you can count on generous returns by expanding into new markets, industries, or types of product or service, then business expansion funding is for you.
By helping startups with business expansion funding we provide essential support for companies that have demonstrated their viability, and simply need a quick infusion of money to help them get to the next level of growth.
This means that by our partners with business expansion funding, we are helping them achieve a greater degree of financial autonomy and independence. It’s a win-win situation for everyone.
How Can I Get Expansion Funding for My Growing Business?
But if your business is poised for rapid growth, how can you actually get access to this business expansion funding?
The unfortunate reality is that it is increasingly difficult for businesses to secure the capital they need. And while this known to be a hard truth for new companies — short term funding is often critical for new startups but it can be almost impossible to get it through traditional channels — it also applies to growing companies with a proven track record who just aren’t big enough to attract the attention of a major bank.
It is widely acknowledged that Canadian businesses face major hurdles in securing the funding they need, which is one of the reasons why so many of them are struggling with issues related to cash flow.
Even if your company is doing brisk business and seeing steady sales, it is no guarantee that you will be able to get a decent rate on a bank loan.
That is one of the reasons why SharpShooter Funding entered the Canadian funding market in the first place. We understand that Canadian business owners work hard, and that their companies have huge potential for growth — if only they had access to the capital needed to scale up.
Our funding model is based on a few simple ideas: first, that a variety of different types of funding should be more widely available to Canadian businesses, and second, that this funding should be flexible, intuitive, and easy to access.
That’s why we have made it possible to apply for business expansion funding online, using straightforward application forms. It’s also why we’ve taken pains to process applications every day of the week, so you get answers about your potential funding package as soon as possible — when opportunity knocks, you can’t afford to spend weeks trying to raise expansion capital.
Finally, we have also designed our service to make payment for capital as streamlined as possible. We understand that when you are scaling up company margins can be tight, which is why we offer flat fees and flexible payment options to make sure as much of your funding as possible goes toward expansion, not financing or service fees.
Maintaining good cash flow is an essential part of scaling a business up responsibly, and it’s often listed as being one of the major challenges companies face as they grow and expand. In many cases, whether or not a business is able to expand in the first place will come down to the funding that is available.
This is why we are passionate about providing truly meaningful support to our business partners through funding mechanisms that are actually designed to help them meet their goals.
When working with SharpShooter Funding, you don’t need to worry about hidden fees or unexpected expenses: we offer you full transparency, and work with you to manage payments in a way that allows you to maintain growth.
Give us a call or start your own application today to find out just how big a difference flexible business expansion funding can make!
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This post was written by sharpshooteradmin