About Alternative Business Capital
Alternative Business Capital was formed to provide alternative access to capital for the small and medium enterprise SME) market. Our principle, Charles Williams is the currrent chairman of SCORE Coastal Chapter 285, in Charleston, SC. He discover that many entrepreneurs counseled, could not qualify for a business loan, were rejected by their local bank, or applied at the wrong financial institution. People who applied and were successful, end up placing a second mortgage on their homes or had co-signers who placed their credit and homes on the line. This is NOT a business loan. It is a personal loan using all your personal assets.
Furthermore, some of these business people and their co-signers end up losing their homes or filing bankruptcy when their business had a temporary downturn because the banks were not flexible with the company. They simply do not understand how business work! We discovered not only was it happening in Charleston, but throughout the country.
Most banks will not lend to businesses that need a loan, even if it's Guaranteed by the SBA. They do not understand how the SBA work. However, they need to make good loans in order to stay in business.
The #1 reason why most small businesses fail;
- THE LACK OF ACCESS TO CAPITAL
Alternative Business Capital solves this problem by preparing you in advance with these little known sources of capital that want your business
Alternative Business Capital believes that;
- A SUCCESSFUL BUSINESS IS ESSENTIAL TO THE ECONOMY
- IT IS IMPORTANT THAT YOUR BUSINESS IS SUCCESSFUL
Why?
- A successful business create jobs in the community
- A successful business buys good and services, stimulating the economy
- A successful business expand the tax base which grows the community
Our Mission
- To provide financial alternatives to help grow your business.
Our Services
- Our consultants have the resources available to help you prepare and put you in direct contact with other professionals, financial institutions, non-bank lenders, accredited equity investors or government sponsored programs that want your business and will meet your financing needs.
- We simplified the lender's complicated application process to make it easy for you to apply and get approved.
Want more information?
- Subscribe to our Free Reports
- Learn about Business Cash Advance (short term financing using your future credit card sales)
- Learn about the SBA Loan Guarantee Program (long term financing backed by the government)
- Learn about Private Placement (long term equity financing through investors)