People are losing their jobs, business owners have delinquent clients who won't pay invoices and poor credit has become a reality that dominates the lending industry. In times of crisis it's sink or swim and because of the ingenuity of America's alternative finance industry, start-ups and companies trying to grow and stay afloat have a new ally in the sub-prime lending industry.
Angel investors, private investors, hard money lenders and factoring companies are in 'spend' mode. If you have poor credit there is no reason to lose hope; just dig a little deeper. Online investor databases that focus on international, alternative financing are beginning to grab onto this concept and have designed entire section of their database around alternative finance concepts with literally 1,000's of options for business owners and start ups with poor credit scores who need alternative means of finance.
There are investors who will invest in your company partially as an equity partner and also as a lender. Many times you'll be able to receive investment capital from one party and factor your invoices to increase cash flow. The credit lacking business owner is not the dredge of the upstart underbelly, to the contrary, creative solutions for raising capital for these companies is now the new frontier. Lenders are finding out they need to get on board or get out of the way because the sub-prime borrower is becoming the new prized client for innovative structured lenders. Go get the money you need. It's a lot easier than you think.
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