Since the 2020 pandemic, the landscape of today’s economy has drastically changed. Not only did we have a pandemic, but we also had a new president come in. As a result, drastic changes occurred in foreign policy effecting the economic landscape. Between these 2 factors there has been heavy disruptions in supply chains, shortage issues and inflation.
Prior to the pandemic many small businesses were thriving. Whether it was a small delivery company or a small carpentry company, these merchants were able to comfortably operate their business. Since recent changes in today’s economy, these business owners are no longer able to afford to run their company. Sometimes supplies and trucks weren’t even available for purchase. In the private business funding sector many investors suffered default accounts on short term capital programs as a result. This shifted the brackets for industries served for business funding.
The 2024 economy has larger companies now taking advantage of fast capital. Funder’s are now funding 7-8 figure round merchant cash advances. Not long ago a $500,000 deal was top of the line. Massive technology, and medical based companies are keeping up with our type of capital. There is always options despite changes that we can’t help.