Small Business Growing Pains & How Business Funding Can Help

Last Updated on June 1, 2018

Small businesses don’t have to stay small forever; in many ways, the American dream is built around that very principle. But understanding how to best grow a business can be more difficult than many first imagine. While gaining new clients and expanding your operation are obviously good things, success can present a new set of problems for business owners to contend with. Indeed, the trick to creating a truly stable business isn’t so much about reaching new heights, as it is maintaining steady altitude. With that in mind, today we’ll look at a few ways business funding can help a small business deal with growing pains:

growing a small business

Bigger Projects, More Costs

Finalizing contracts and taking on bigger, more ambitious work than your company has previously done is a fabulous step in the right direction. However, if you don’t have the requisite capital, you’ll struggle to complete those projects –– and get new ones in the future. If you find yourself in such a situation, know that you can always apply for equipment financing, and that there are a number of loan options available for construction workers and contractors specifically. A big project is not just the chance for a big payday –– it’s an opportunity to completely elevate your business.

Seasonal Booms and Busts

Some industries are particularly prone to seasonal fluctuations and as such, face unique challenges in determining the stability of their company. For example: a restaurant owner shouldn’t judge his establishment based on the busiest night of the year, nor should a landscaper panic during the winter months when business is lean. For business owners who have to contend with moving goal posts, flexible financing options are a necessity. Fortunately, merchant cash advances and lines of credit are two funding methods that allow for small business owners to get the capital they need –– without tying them down to a restrictive payment plan.

Long-Term Vision, Short-Term Solutions

If your business is ready for a relocation or a full-scale expansion, then you should first congratulate yourself on your success. But don’t rest on your laurels for too long. Opening up a new location requires tremendous foresight, and it will likely create a whole new slew of issues to address. Hiring new employees, paying construction fees, re-branding, and taking out more advertisements –– these expenses will add up. That’s why SBA loans are perfect for small businesses looking to expand over the long haul. If you’ve got time and a sound business model, then an SBA loan is a wonderful fit. Alternatively, you should also be aware of fast business loans that can help get you out of an unforeseeable bind. Though entrepreneurs shouldn’t be afraid to dream big, they should know how to handle problems in the here and now.

Learn More 

No two businesses are the same; each company has unique issues to face, and different needs to address. If you’ve felt marginalized by the bank, or haven’t found a partner who can help you grow, then contact the National Business Capital team today at (877) 482-3008 to speak with an expert Business Financing Advisor, or fill out NBC’s 1-page, 1-minute application online to get started! We’ve worked in a wide array of industries and understand the problems small business owners deal with every day.

National Business Capital & Services is the #1 FinTech marketplace offering small business loans and services. Harnessing the power of smart technology and even smarter people, we’ve streamlined the approval process to secure over $1 billion in financing for small business owners to date.

Our expert Business Financing Advisors work within our 75+ Lender Marketplace in real time to give you easy access to the best low-interest SBA loans, short and long-term loans and business lines of credit, as well as a full suite of revenue-driving business services.

We strengthen local communities one small business loan at a time. For every deal we fund, we donate 10 meals to Feeding America!


About the Author, Matt Carrigan

Matt Carrigan is the Content Writer at National Business Capital & Services. He loves spending every day creating content to educate business owners across every industry about business growth strategies, and how they can access the funding they need!

Disclaimer: The information and insights in this article are provided for informational purposes only, and do not constitute financial, legal, tax, business or personal advise from National Business Capital & Services and the author. Do no rely on this information as advice and please consult with your financial advisor, accountant and/or attorney before making any decisions. If you rely solely in this information it is at your own risk. The information is true and accurate to the best of our knowledge, but there maybe errors, omissions, or mistakes.