How Alternative Business Financing Helped This Retail Minded Reader

Written by Alisa S. and Ashlee S. and contributed on behalf of Excel Capital Management.

In our past Retail Minded article, Alternative Financing Options for Retail Business Owners, we discussed how obtaining working capital via alternative financing channels can be easier than seeking funding through a traditional lender. Excitedly, a small business owner and Retail Minder reader, Roger P., decided that this type of business funding was right for him! Without hesitation he contacted Chad and began the process of obtaining funding. Here’s what he had to say about his experience:

Tell us a little about your company The Main Street Shop*, what goods and services you offer, and how the company came about.

The business is really a gift store and boutique; local foods, Colorado products, home decor, food, fashion, accessories. [It’s] unique because local merchants provide their own merchandise. Product offerings are across the board.  [It’s located in] a suburb of Denver, CO. We are in our 8th year.

How long have you been reading Retail Minded Magazine and what attracted you to the article on alternative financing and small business funding options?

We’ve been reading Retail Minded for several years. We are strapped for money, and we were growing to the point where we needed some financing. Traditional financing wasn’t working for us. We were looking for alternatives. As a small business owner, it’s really tough because big banks have strict rules and guidelines.

How was your experience working with Chad and the Excel Capital Management team, and what funding option did you choose?

We chose the Merchant Cash Advance where they take a percentage of our credit card sales. Our experience with Chad and Excel has been great! He’s been responsive and on top of the types of financing we need!

How easy was the funding process, and what did you use the working capital for? What is everything you expected?

The funding process was really easy! I was surprised! All we needed to provide was an application, a few answers to some questions, and bank statements. We got funded quickly! We were pleasantly surprised. We used the capital to fix some cash flow issues, pay some debts we had acquired, and mainly used it for inventory purchases.

Would you recommend Excel Capital Management and alternative funding options to other business owners?

Absolutely! In a New York minute!

Any last words about Retail Minded Magazine and Excel Capital Management?

We’re just grateful that we found the funding and the magazine as a source of information and education!

Roger’s experience is just one example of how alternative lending can help your business grow and thrive. Learn more about how it may help you, as well, here! 

*The name of the business and owner has been changed for privacy purposes. Excel Capital Management provides a wide array of  funding options for small to mid-sized businesses throughout the U.S., Canada, and Australia. Learn more at

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