“January has been a very exciting month for Fordham Capital. I am pleased to announce that we have crossed the $35 Million mark in funding to over 1,200 merchants throughout the United States. In December and January, we had record-breaking submissions, funding, and renewals.
This is a huge achievement for Fordham Capital, and I am so proud of my team for their hard work and dedication. As Fordham continues to grow, we have recently hired additional funding experts and expanded our product lines. In fact, one of the contributing factors to our recent success is the increased popularity of some of our other product lines such as equipment financing and business lines of credit.
I want to take this opportunity to thank our clients and referral partners. As CEO, my vision for Fordham Capital has always been establishing a strong foundation and taking a slow and steady path on the road to success. This has allowed us to cultivate meaningful relationships and provide the highest standard of customer service. I look forward to keeping the momentum going and am excited to see what 2019 will bring.”
REVIEW OF THE MONTH
4 Signs That It’s Time For Your Business
TO EXPAND IN 2019
Not sure whether your business is ready to expand? Here are 4 ways to determine if you’re ready for the next step:
You’re running out of room
Are you tripping over boxes of extra inventory and running out of space for your employees? Maybe you need a meeting room or just need more breathing room for your customers. Whatever the reason, if you are short on space it is wise to consider expanding.
You have more business than you can keep up with
Is your store or restaurant always crowded? If you don’t have the bandwidth, space, or employees to keep up with the demands of your business, it may be time to expand. Hiring additional employees or opening a second location can help you better serve your customers.
Your business is profitable
Having a steady, consistently growing profit is key to a successful expansion. This is a good indicator that your business will continue to flourish.
Customers love you
Do you have a loyal customer base? Do people continue to come back for your services or products? Repeat customers are a great sign that you are doing something right and may be ready to grow!
If your business needs some extra help to expand in 2019, a Merchant Cash Advance from Fordham Capital may be the answer. Give us a call at 1-800-755-9284 or fill out a request here.
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