Capital Access Solutions

A businesswoman – let’s call her Cassie – who produces health drinks, recently checked crowdfunding as an alternative to traditional business loans.  She wanted to put money into the research to expand her product line.  Cassie knew she would need not only R&D money, but would need additional funds.  Being familiar with the regulatory obstacles when introducing a new food product meant Cassie was acquainted with the costs.  Cassie was looking for means of capital access.

Crowdfunding.

One source of funds called crowdfunding, looked interesting to Cassie.  Crowdfunding looks attractive, but can hold hidden trapdoors.  In loan based crowdfunding, investors get their money back, usually with interest.  In investment based crowdfunding, people put money in, usually for a share of your business.  A third type of crowdfunding is donation based.  Funds can be donated because donors feel the business activities are worthwhile. Contributors may also want to help that type of business flourish in their community.  In rewards-based crowdfunding, people contribute a certain amount for a reward, such as a t-shirt or product sample.  Cassie was interested in reward based crowdfunding, but the amount raised did not cover her R&D costs.

Finding Alternatives.

Cassie assessed her situation.  She had ongoing, consistent orders for her current products  and felt her new creation would explode her business revenues.  Unfortunately, regular banks were uncomfortable with her credit and reserves.  This meant a bank loan would not be a great option for Cassie.

Venture Capitalist investors were interested.  Cassie wasn’t ready to trade a big chunk of her business in exchange for the expansion capital.  She worked too hard to hand it over.  The VC contacts Cassie met wanted nearly half her company.  Unwilling to lose so much of what she labored for, Cassie put off the expansion indefinitely.  Then she talked to her Americore Professional. 

The Americore Blue Apple Capital Access Solution.

Americore is proud of its Blue Apple Capital Access programs and the investors that provide unexpected, but workable financing options.  The rates are not as low as bank interest rates, nor are the origination fees.  But entrepreneurs are often relieved to learn that they don’t have to sign away nearly half of their company. 

According to Dennis Bays, CEO of Americore, their Capital Access investors “act like a bank but think like a Venture Capitalist”.  With loan approval criteria midway between a bank and a Venture Capitalist, entrepreneurs hear yes more often than in banks.

So, how does it work?  Capital access programs are logic based, not so much credit based.  With sufficient sales, growth, purchase orders, accounts receivables, inventory or equipment, you may have grounds for loan approval.

Blue Apple Capital Access Programs are only some of the unexpected ways Americore helps entrepreneurs reach the next level.  Americore is known for its knowledge of programs that are underutilized, but which are incredibly beneficial to business owners.   You’ll find the guidance in uncovering programs that save or produce money for your business.  This can free up millions of dollars for operations.  Find out how much money you could uncover.  Contact Americore today to start the conversation.