Helping Home Service
Businesses Access
the Capital They Need

Alternative lending refers to funding solutions that operate outside of traditional banks and credit unions. Instead of requiring strong personal credit, collateral, and years of tax returns, alternative lenders focus primarily on your business revenue and monthly cash flow. The approval process is significantly faster, the requirements are more flexible, and the products are designed around how businesses actually operate rather than how banks prefer to lend.

A merchant cash advance is not technically a loan. It is a purchase of a portion of your future business revenue. The funder provides you with a lump sum upfront and collects repayment through a fixed percentage of your daily or weekly bank deposits until the agreed amount is repaid. Because repayment is tied to your revenue, it flexes with your business. When you have a strong week you pay more. When business slows down you pay less. It is one of the most accessible forms of alternative funding for contractors with consistent deposit history.

Revenue-based financing is a type of alternative funding where your business receives capital in exchange for a percentage of future revenue until a predetermined total is repaid. It is similar to a merchant cash advance but is often structured differently depending on the lender and product. The key advantage is that repayment adjusts with your revenue, making it a more manageable option for businesses with seasonal fluctuations or variable monthly income like many home service contractors experience.

Repayment on alternative funding products typically happens one of two ways. Either a fixed daily or weekly amount is debited directly from your business bank account, or a percentage of your daily deposits is withheld until the total payback amount is met. The specific structure depends on the product and the lender. We will always walk you through exactly how repayment works for each option before you make any decision, so there are no surprises after the fact.

Exploring your options with Eastland Business Solutions LLC does not impact your credit score. We conduct a preliminary review of your business profile and bank statements before any formal application is submitted. A hard credit inquiry only occurs if and when you decide to move forward with a specific product and lender. We will always tell you before anything is submitted that would affect your credit.

Funding amounts for alternative products are typically based on your average monthly revenue. Most lenders will offer somewhere between one and three times your monthly gross revenue depending on your profile, deposit consistency, time in business, and credit score. A contractor generating $30,000 per month in revenue could potentially qualify for $30,000 to $90,000 depending on their full business picture. A consultation allows us to review your profile and give you a realistic range before any application is submitted.

A bank denial does not mean you do not qualify for anything. Banks have strict requirements around credit score, collateral, tax returns, and profitability that many strong businesses simply cannot meet, especially in the early years or after a difficult period. Alternative lenders evaluate your business differently. They look at your monthly revenue, your deposit history, and how your business actually performs day to day. Many contractors who have been turned away by banks have successfully accessed capital through alternative products. A denial from a bank is not the end of the conversation.

It depends on your current balance and overall business profile. Stacking a second advance directly on top of an active one is difficult with most lenders and can create serious cash flow problems if not structured carefully. However a consolidation or refinance strategy may be available depending on your situation. In some cases we can help consolidate multiple positions into a single manageable product with better overall terms. We review your full picture during the consultation and give you an honest assessment of your options before any further steps are taken.

For most alternative working capital products, decisions typically come back within 24 to 72 hours of a complete submission. Once approved, funding can often be deposited into your business bank account within one to a few business days depending on the lender and product. The speed of the process depends on how quickly documentation is submitted and how clean your bank statements are. We guide you through the submission process to make sure nothing slows things down on your end.