What is a B2B Reseller?

B2b resellers are everywhere but you just don’t realize that this is their business. One example of business resellers are salvage yards. They buy cars that people junk and remove the parts. They then sell the parts to consumers or auto repair shops that want to give their customers a good deal, especially if they don’t care if the part is used.

Businesses can also list on Amazon and sell to other businesses or to consumers. If they sell to other businesses, they are B2B resellers. There are hundreds of ways one can become a B2B reseller. The key is to have a product or service that you are an expert at, market it well and above all be honest about your product or service.

Small businesses, in particular, can use resellers, especially for online sales. They may hire someone to write up product descriptions and other online content that requires writing or photography skills. The consultant they hire may not be able to do this themselves, but they will find other companies that do writing and photography and contract with them to do the required work.

Those people are B2B resellers. They purchase the service they need from one company and then resell it to the company that hired them.

What Would Capital Funding Do for a Reseller?
In order to find the business, they need to be able to make their own business thrive and grow, they have to market themselves. They have to either have the people with the skills they need to contact them or they have to find them. They also have deadlines to meet.

The customer that originally contracted with them will give them a certain amount of time to produce what they need. The product must not only be on time, but it must meet the expectation of the business owner purchasing it.

If the business they contracted with to provide the service or product looks likely to fail to meet the deadline, they will have to quickly find someone else that can. This will likely increase their costs since the deadline is far shorter than it was originally. This is where a company like Cresthill Capital comes in.

They can quickly provide a merchant cash advance to the consultant to offset the unexpected increase in expense. This is the advantage of a capital funding company as opposed to a bank. A capital funding company can provide the capital needed much faster than a bank.

Do Capital Funding Companies Just Hand Out Cash?
In a sense, yes, but they do have standards that must be met by the company they hand out the cash to. A company like Cresthill Capital reviews the past performance of the company that is requesting the funds. They will look at the revenue stream that has been generated, the business model the company has, how they use the revenue they receive and other factors.

This gives them a picture not only of the viability of the company’s business model but also if the owner is wisely investing the revenue back into the business. Once they determine that the risk is worth the cash advance, the repayment terms are agreed upon and the contracts are signed, within hours the consultant can have the needed fund deposited in their bank and they are back in business.

You will also want to make sure to look up things about the company you are considering. For example, look up Cresthill Capital complaints and reviews to see what former clients have said about the business and how they conduct themselves.

What is a Capital Funding Company?

There was a time when the only place business could go to get a loan was a bank or a credit union. After all, this was one of their main functions and defined one of their roles in the economy. These financial institutions generally loaned money to individuals who were starting a new business.

Among other things, personal credit was important, how much you had of your own money and where it came from, and of course, your business plan. Generally, once you are approved and your business was up and running, you simply had to repay the loan. But if you ran into problems with your businesses’ cash flow the bank was not the place you went.

Odds are, you wouldn’t get a merchant cash advance, particularly if you still owed on your initial loan. This is where capital funding companies come in.

Capital funding companies use their own money to provide micro and small businesses with merchant cash advances to help them through the rough spots. They act as a bridge. For example, Cresthill Capital reviews your receipts and your expenditures to determine if you are running your business responsibly.

When you have a micro or small business your cash receipts should be going back into your business to help it grow. Of course, you have to get paid too, but that is taken into consideration. After all, payroll is an investment in your business. Not many people will work for free. Make sure you review any company you are considering. For example, do an internet search for Cresthill Capital complaints to make sure you like the reviews if this is a company you are considering.

What Happens Next?
A company like Cresthill Capital looks at your books and your business model as well as what your business is. All of these elements are important if they are going to assess the risk you present. It will help them determine what the best terms are for the loan and what appears to be the repayment method that seems to work best for your business.

Banks typically loan you money by determining the amount of capital they are willing to commit, the interest rate based on your credit history and then you are given a fixed payment amount usually due monthly. One of the differences between borrowing from a bank and borrowing from a capital funding company is this.

Capital funding companies offer different types of repayment plans. One of the things that a capital funding firm like Cresthill Capital does require is that you accept credit cards. One reason for this is that they can use the payment processor to repay the loan.

How Does the Payment Processor Get Involved?
Your payment processor knows what your business’ receipts are. They produce reports for you so you can see how much you took in. They also send a file to the bank to settle the receipts and have the funds deposited in your account. They can also ensure that the fees charged by the bank are paid, depending on how you set up your arrangement with the bank and the payment processor.

One way a capital funding firm can get paid is to work with you and the payment processor. You could instruct the payment processor to divert a percentage of your daily receipts to the capital funding agency. This leaves you with one less bill to worry about and you get a daily settlement report showing how much was paid. This method also saves you interest because you are paying the loan back on a daily basis.