Alternative Financing Options Every Business Owner Should Know

Traditional bank loans aren’t the only way to fund your business. In fact, many small and midsize businesses turn to alternative financing to access capital more quickly, with more flexibility, and fewer roadblocks.

If you’ve ever been denied by a bank—or just want faster options—here are some financing tools worth exploring.

💡 1. Merchant Cash Advance (MCA)

An MCA gives you a lump sum of cash in exchange for a percentage of future sales. It’s not technically a loan, so approval is often easier.

Best for: Businesses with strong daily or weekly sales (like retail or restaurants)

Pros: Fast funding, flexible payments based on revenue

Cons: Higher cost of capital, frequent payments

🏦 2. Invoice Factoring

Turn unpaid customer invoices into immediate cash by selling them to a factoring company.

Best for: B2B companies with slow-paying clients

Pros: Improves cash flow without taking on debt

Cons: Costs a percentage of the invoice value

🛠️ 3. Equipment Financing

Get funding specifically to purchase or lease equipment. The equipment itself serves as collateral.

Best for: Businesses needing vehicles, machinery, or technology

Pros: Easier to qualify for, preserves cash flow

Cons: Restricted to equipment purchases

🏢 4. SBA Loans

Backed by the U.S. Small Business Administration, these loans offer longer terms and lower rates than most.

Best for: Businesses with good credit seeking affordable, long-term funding

Pros: Favorable terms, large loan amounts

Cons: Lengthy application process, strict qualifications

🏬 5. Commercial Real Estate Financing

Finance a new property purchase or tap into the equity of one you already own.

Best for: Businesses investing in property or expansion

Pros: Long-term value, fixed asset growth

Cons: Larger down payments, market sensitivity

💬 Choosing the Right Fit

The best financing depends on your business’s:

• Cash flow

• Credit profile

• Industry

• Immediate and long-term goals

  
  

Brilliance Funding works with dozens of lenders to help you find the right financing—even when banks say no.

👉 Schedule a consultation and let’s find the best option for your business.