For businesses aiming to scale, securing the right capital at the right time is essential. In a recent episode of Doing Business in Bentonville, Bridge CEO Rohit Mathur joined host Scott Benedict to discuss how businesses can optimize their financing strategies to fuel growth. The conversation shed light on the challenges many small and medium-sized businesses (SMBs) face when navigating the lending landscape—and how Bridge is transforming the way they access capital.
The Challenges of Business Financing
Many growing businesses struggle with financing, often encountering roadblocks such as high-interest loans, complex application processes, and limited access to suitable lenders. During the interview, Mathur emphasized the importance of early financial planning to avoid costly funding decisions. He also highlighted the crucial role that Community Development Financial Institutions (CDFIs) play in offering more favorable lending terms to emerging brands.
Transparency and Smart Capital Strategies
One key takeaway from the discussion was the need for transparency when securing financing. Many businesses unknowingly turn to high-interest options like merchant cash advances, which can become financial burdens. Mathur advised companies to develop a clear funding strategy, ensuring they explore options that align with their long-term growth goals.
Bridge simplifies this process by providing businesses with a digital platform that connects them to a diverse network of lenders, including banks, private debt lenders, and institutional investors. By leveraging technology, Bridge helps business owners compare financing options efficiently, enabling them to make informed decisions and secure capital without unnecessary friction.
How Businesses Can Prepare for Growth Capital
Mathur shared valuable insights on how businesses can position themselves for financing success:
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Start early: Don’t wait until cash flow is tight—proactively plan for funding needs.
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Be prepared: Have key financial documentation ready to streamline the loan search process.
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Tell your story: Lenders want to understand the vision behind your business; a strong business narrative can improve funding opportunities.
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Work with the right partners: Platforms like Bridge provide businesses with access to multiple lending solutions, making it easier to find a tailored financing option.
Bridge: Making Capital More Accessible
At Bridge, we understand that financing shouldn’t be a barrier to growth—it should be a catalyst. Our digital lending platform helps businesses connect with the right lenders, ensuring they secure competitive financing that supports their expansion.
Catch the full episode of Doing Business in Bentonville, we encourage you to listen in and discover how smart capital solutions can drive your business forward.
Looking for funding to scale your business? Explore financing options with Bridge today
