Boris Kalendarev, CEOAfter many futile attempts, the medic turned to Specialty Capital, a small business working capital provider that equipped him with the capital he needed to enhance the profitability of his business. Specialty Capital provided an unsecured working capital financing, enabling him to quickly secure the equipment needed to enhance his operations. The merchant was able to use the cash flow generated by the medical equipment to pay down the receivable – he had very aggressive prepayment discounts and was able to take advantage of them.
The prosthetist’s experience is among the thousands of other small business merchants that have utilized Specialty Capital’s working capital products. Specialty Capital’s preferred industries include medical offices, dental offices and specialty contractors. It also provides financing to manufacturing businesses, grocery stores, consumer/retail businesses, trucking/logistics among many others.
“We specialize in offering creative working capital solutions to small business merchants who often need funding quickly and can’t afford to go through a rigorous underwriting process with a traditional bank,” states Boris Kalendarev, CEO of Specialty Capital.
Customers can secure their funding within 24 hours by opting for Specialty Capital’s revenue-based financing solutions. Rather than waiting three months or more with traditional providers, Specialty Capital offers two working capital options to choose from 1) revenue-based financing and 2) receivables-based financing.
Specialty Capital’s financing solutions are complemented by its obsession with customer service. They continuously improve their customer experiences and view every interaction, an opportunity to build a long-lasting relationship with their small business merchants.
“We know that in recent months, many regional banks have tightened credit, especially as rates continue to rise,” said Kalendarev. “We want to be there for our customers, no matter what’s happening in the economy.”
We specialize in offering creative working capital solutions to small business merchants who often need funding quickly and can’t afford to go through a rigorous underwriting process with a traditional bank
Specialty Capital is passionate about financing the backbone of the American economy – small and medium sized businesses.
Drawing on its extensive industry experience and dedication toward customers, Specialty Capital is well capitalized and is there to provide working capital in this uncertain economic environment.
“We put our best foot forward to deliver creative working capital solutions, of all kinds, provided clients align with our eligibility criteria. We find that small business merchants that fundamentally understand their businesses and have a good use of funds can manage the cash flow of the added cost of this financing. We understand that sometimes an unexpected event can really impact the business and this capital can help get these merchants over a hump. We try to create a personal touch in the age of technology, 24/7.” states Kalendarev, elaborating on the requirements to be met.
Kalendarev emphasizes that a human approach is a factor that differentiates Specialty Capital from its competitors. “We don’t merely draw conclusions by calculating eligibility based on a set of rigid revenue, cash flow and debt to income ratios,” said Kalendarev, “we like good character traits and we can learn a lot simply by speaking with our merchants that is part of the Specialty process as well.”
NOTE: Specialty Capital does not provide loans and does not have a lending license. Specialty Capital provides revenue based financing.
