Why Private Capital Is More Personal Than A Small Business Loan By Andre Alonzo Chambers

Chambers Private Capital

August 2, 2022

If you are thinking about starting your own business, there will probably be situations where you need to access more capital. Capital refers to funding that you have to purchase inventory, hire employees, conduct a marketing campaign, and run your business. The problem with starting a business is that you do not have any cash flow at the beginning. Therefore, you may have a difficult time finding the resources to carry out many of the activities above. Two of the options you have available are a small business loan and private capital. Private capital is more personal than a small business loan, according to Andre Alonzo Chambers, and it has several benefits.

You Have More Room To Negotiate

One of the biggest benefits of asking for private capital is that you will have more room to negotiate. The owner of Chamers Private Capital,  Andre Alonzo Chambers, thinks it is because you are working with an individual instead of a company, you have more options available to you. If you are looking for something specific, you can make your wishes known. Then, you may be able to negotiate with the person funding your business to help you get your funding situated accordingly.

You Get Access To Expertise

Another significant benefit of a private capital loan is that you will get access to expertise in addition to money. If you are starting a new business, you probably have questions and concerns about some of the obstacles you will need to overcome. If you get a small business loan, you will not necessarily get someone you can turn to for help if you have questions about your business. On the other hand, according to Andre Alonzo Chambers, a private capital loan gives you access to both money and expertise. You have an expert you can lean on if you need help with your company.

You Can Always Adjust Later

Finally, if you decide to go with private capital, you can always adjust the terms later. For example, you may realize that you need more funding as your business continues to grow. Or, you might be interested in taking on another partner. You might even want to renegotiate the payment terms to include equity in the company instead of just a loan. These are all issues that you can adjust because you have the flexibility of private capital, according to Andre Alonzo Chambers.

Consider a Private Capital Source of Funding for Your Business

Ultimately, these are just a few of the most important points you need to keep in mind if you are looking for a source of funding for your business. Remember that Andre Alonzo Chambers says that private capital is better than a small business loan because it is more personal. You need to think about the benefits and drawbacks of every funding option you have available to you before you make a decision. That way, you can put your business in the best position possible to be successful.