A cash advance is exactly what it is meant to be – an advance on your future sales. By pledging a percentage of your daily revenue, you can avail cash advance from a lender to meet an immediate requirement. Although a tad is more expensive than other funding deals, it is fast and convenient and is absolutely PERFECT if you have an urgent need for money. It also works great when you need a small amount of cash for the short term to boost your business growth.
I recently used Mantis Funding cash advance to boost the sales of my small business. But before I explain further, let me share a word of caution – how you use your borrowed money can make or break your business. Use it wisely and take your business to a new level – for example, get more leads, more opportunities, and more sales to increase your revenue. Don’t just take it because it’s available or without a clear plan of how you want to return it.
Like any other small business owner, I, too, didn’t have any allotted budget for marketing efforts. So, when I decided to spend some amount on marketing, I was cash crunched. Of course, I had my savings that I was tempted to use, but you know, with the global economic slowdown, I didn’t want to use up my reserve funds. After a lot of research and interaction with fellow business owners, I decided to go ahead with Mantis Funding cash advance, to give a boost to my sales.
How I used cash advance for my marketing efforts?
After thorough research and going through each of the alternative finance lenders in the market, I zeroed down on Mantis Funding because they offered tailor-made solutions for my business. The process is transparent with lots of flexibilities to help you customize. Since it is quick, I was able to start implementing my marketing strategies right from day one.
While traditional marketing has been around for decades now, I tried some innovative marketing strategies. Since I was not able to handle everything myself, I outsourced my marketing activities to a marketing agency who did the strategy and implemented the action plans for a fee. The Mantis Funding cash advance helped to pay the agency fee, plus it also helped to spend on some online advertising campaigns. I was impressed with the results as I got excellent leads and were able to convert them to sales. I am planning to repeat the same process after six months again.
If you, too, want to give a boost to your business without burning a hole in your pocket, then a cash advance is the best solution for you. However, do your research before signing up with any alternative finance lender. I would strongly recommend interacting with your shortlisted companies face to face before you make your final decision.
I didn’t realize that there was so much opportunity to customize until I spoke directly with the experts at Mantis Funding. However, do your due diligence before going ahead with any alternative finance lenders. Read pages like Mantis Funding to get a better understanding of what some of the bottlenecks can be.
There is no reason why you – or any other small business – shouldn’t leverage the benefits of digital marketing. Especially now that small, quick, and easy to access cash advances are available to fund the process! Choose your lender wisely and give it a go!