Why Opting for Mantis Funding Cash Advance is a better option than Traditional Funding
Mantis Funding
by Mantis Funding LLC
3y ago
Growth and Expansion, aren’t these two terms petrify you in a positive way? For sure, an SME owner might feel chills in their spine when they visualize their venture growing like that of Google or Microsoft. However, there is a point where he feels this is just a dream; can you tell what’s that? Without a doubt, lack of funds. For growth and expansion, it is quintessential to have funds. Withal, considering what traditional channels have done over the years, it is fair to think that their policies offer little or no help to small and medium enterprises.  The criteria for high credit scor ..read more
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Finally, There is a Way for an SME Owner to Overcome His Financial Problems! Read to know what it is
Mantis Funding
by Mantis Funding LLC
4y ago
Funding is like oxygen; the moment you deprive your business of it is the exact moment where you will stumble upon the ground. Funding plays a significant role in fulfilling everything you dream to accomplish from your business. However, it is hard to understand that traditional channels don’t get this point. Ever since the Great Recession, it has become really hard to fetch funds from traditional channels. They have changed the pattern of funding by making the tightening their terms and conditions. The worse part here is that lacking any of the specified criteria is a direct question on an S ..read more
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What is the Importance of Quick Funding in Small and Medium Businesses?
Mantis Funding
by Mantis Funding LLC
4y ago
It is hard to deny the importance of the alternative financing industry in today’s scenario. Ever since the Great Recession struck the financing industry like a bolt of lightning, we have seen alternative financing grow. And, now, when we stand geared for the next cycle of recession, this industry is working behind the scenes to strengthen the base for many small and medium enterprises, the way it did in 2008. Perhaps, this is the reason why they are dominating the financing sector and are predicted to cover almost one-third part of it by 2026! To top that, they have made funding instant. For ..read more
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How SMEs Can Improve Their Strategies to Survive in the Market?
Mantis Funding
by Mantis Funding LLC
4y ago
Time is crucial and the market is fickle. Only a few percentages of small and medium businesses survive the challenges posed by the market. To survive for more than 5 or 10 years, the businessman needs to be very astute and sharp with his tactics.  However, before going in-depth on this blog, we first need to understand factors that prove vital in the downfall of small and medium businesses.  1. Choosing the Wrong Market with a Poor Marketing Technique. The items they are selling are not in demand and their marketing techniques are lacking the edge it needs to engage with the c ..read more
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Small Businesses Can Now Solve Their Financial Problems! Read to Know-How.
Mantis Funding
by Mantis Funding LLC
4y ago
Don’t you dream of putting your small business on the map where you are neck-to-neck with big-league players? However, the regular financial issue keeps your dream at bay. Like you, I am also a small business owner in New York. I own a nightclub. Being a young and impulsive person, I decided to open it unknown to the challenges I was going to face. First, the challenge I faced was finding the place. Next was the payroll of the staff, and the biggest was the traffic and upgrading of my nightclub. When compounded together, things started to go south. My expenditure was greater than my income. T ..read more
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3 Ways In Which An SME Can Enhance Their Customer Experience
Mantis Funding
by Mantis Funding LLC
4y ago
Just a click and your competitor has acquired what you craved for years. This is the fickle nature of the internet. There is no doubt over the fact that it has brought about a plethora of benefits to a businessman. However, one also cannot deny that the internet is the reason for the rise in competitors. They need to keep things engaging in order to hold on to their customers. The constant need to upgrade and update is like a sword hanging on their heads, and, last but not the least, they have to look after the ROI by identifying and enhancing their target audience and services. Besides, bein ..read more
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Exploring the Possible Reasons Behind the Increasing Alt-fin Firms
Mantis Funding
by Mantis Funding LLC
4y ago
No wonder we are blessed to be witnessing this generation. As things stand, we are seeing the collaboration of digitalization and globalization. Two things that are defining generation in their own terms. Perhaps, the finance industry has witnessed the biggest impact of this collaboration. There is no hiding the fact that this industry needed some innovation, especially after the devastating recession. The effects brought by the financial havoc in 2008-10 saw the change of policies within the traditional channels. They tightened their grips on their regulations, making things tougher for ..read more
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How Alt-Lending Is Leveraging A.I For Better Business Outcomes?
Mantis Funding
by Mantis Funding LLC
4y ago
The dawn of a new era is here. An era that is more evolved, more developed, and many more miles technologically ahead than what could ever have been imagined or encapsulated even 20 or so years before. Artificial intelligence and machine learning are at the forefront of this new change, and everything around is faster, automated, and more advanced. From cars on auto mode to smart home, smart factories, speech recognition, the impact is overwhelming, and the Alt lending sector is at the helm, leading right from the forefront, charging into the times ahead riding on this wave of Big Data ..read more
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Alternative Financing Succeeds Because It Combines Human Connection With Artificial Intelligence
Mantis Funding
by Mantis Funding LLC
4y ago
Your most unhappy customers are your greatest source of learning. Bill Gates I think some bank employees heard this quote and created the alternative financing industry! Because it seems to me that the alt-fin sector solves all the problems that plagued small business financing for decades under the strictly controlled traditional banking sector. Almost all alternative lending companies offer 3 main benefits – speed, flexibility, and accessibility. Speed – Alt-lending companies with their automated systems and fast processing times guarantee quick funding to its customers. Gone ar ..read more
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The Basic Qualification Differences Between Traditional And Alternative Funding
Mantis Funding
by Mantis Funding LLC
4y ago
In the last decade or so, alternative financing has become a new method for SMEs to get funded. What’s intriguing is that this industry has seen an exponential rise and, to a certain extent, is also responsible for strengthening the backbone of the country’s economy- small and medium enterprises. However, no one predicted this coming, especially 10 years ago. Before this industry came into existence, businessmen had to visit banks and credit unions to receive funds for their small needs. Howbeit, this scenario changed when the industry had to face turbulence created by the recession. Post ..read more
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