Eight of the trendiest industries that can become big with the help of alternative funding.

2. This slide show is dedicated to the 8 Buzzing Industries that are very much
important to deserve Alternative Funding. All of these industries are mainly made
up of Medium as well as Small scale firms that transform into great revenue
generators in a few years and hence can be provided with Alternative Funding.
Introduction

3. Marketing and Advertising Industry
Marketing is the study of management which includes
exchanging relationships which have both meaning
and significance with customers. It is the business
process which involves its entire focus on customers
and which can be used to satisfy them. Advertising
refers to the marketing communication which employs
and openly sponsored or paid for the non-personal
message in order to promote a particular product or
service with the intent of selling it.
Alternative funding can be the safest way to acquire funds for their operations.
Many lenders and banks can turn down the application for a loan by small and
medium-sized marketing and advertising industry as they can be deemed a risky
option due to their limited sized and inadequate financial standing. But at the
same time, alternative funding can prove to be the way forward for the said
industry.

4. Market Research Industry
The Marketing Research or MR Industry is a sector that deals with discovering
consumer insights. Such insights are meant to drive business decisions as well
as marketing based strategies within an organization.
Firms belonging to the Marketing Research Industry don’t need to feel jittery
about their financial future. They can seek Alternative Funding from any
professional agency that can assist them right from the paperwork to the finance
procurement level. Such firms can surely rely upon the method of Alternative
Funding so that their financial requirements can be met in an easy, quick and
reasonable cost oriented manner.

5. Maritime Industry
The Maritime Industry is a sector that consists of firms related to the business of
designing, manufacturing, operating, supplying, repairing or maintaining vessels.
Apart from vessels, these firms also deal with component parts of shipping lines,
custom brokerage services, marine railways, and similar enterprises.
Small as well as medium sized firms from the
Maritime Industry needn’t worry as they can
seek the path of Alternative Funding from any
professional enterprise. Such companies can
assist these firms with funding issues like
getting a business loan at an attractive rate of
interest or the line of credit facility in the
minimum time possible.

6. Management Consulting Industry
Management consulting industry based firms help organizations to improve their
performance, operating primarily through the analysis of existing organizational
problems and the development of plans for improvement. Organizations draw
upon the services of management consultants for a number of reasons, including
gaining external advice and access to the consultants’ specialized expertise.
Alternative lending is the perfect tool for firms that
can’t obtain conventional bank loans, and/or don’t
meet the SBA’s tough requirements. Alternative
lenders are able to pre-approve a borrower almost
instantaneously, and fund within a week (if not
sooner). Documents required are minimal compared
to banks, with borrowers only needing to provide a
couple of years’ tax returns and financials.

7. Machinery Industry
The Machinery Industry is a subsector of the industry that
produces and maintains machines for consumers and
most other companies in the economy. The Machinery
Industry is a cyclical and capital-intensive sector. Major
markets served includes agricultural, construction, energy,
industrial, infrastructure, mining, and transportation.
Lack of sufficient cash flow or holding excessive debt
can be financially distressing for the Machinery
Industry based firms. Alternative funding is the best
solution to solve the financial issues. This type of
financing is perfect for companies facing business
cycle uncertainties and those requiring instant cash
flow. The alternative funding agencies make the
funding process borrower-friendly as they have no
constraints when it comes to lending limits.

8. Luxury Goods & Jewelry Industry
Luxury and jewelry industry thrives on selling precious products for rich people.
To do so the industry needs to acquire the goods themselves. This can be hard
to come by due to the scarcity of raw materials or due to the sky-high cost of the
materials.
Luxury and jewelry industry thrives on selling precious products for rich people.
To do so the industry needs to acquire the goods themselves. This can be hard
to come by due to the scarcity of raw materials or due to the sky-high cost of the
materials.

9. Logistics & Supply Chain Industry
Logistics can be described as a detailed organization,
planning, and implementation of complex operations
and processes. In the context of a business or any
industry, it is the management of the flow of things
which originates from a certain point and ends at the
point of consumption, which is used to meet the
requirements or the need of any customer or a
corporation.
Alternative funding can be the better option for the Logistics and Supply Chain
Industry if they are turned down by the major financial institutions. Alternative
funding also attracts a lower rate of interest and this makes the repayment of the
funding quite easier for the borrower. But the main advantage of alternative
funding over traditional loan options is its easy application process and the
funding can be easily acquired, say in a matter of forty-eight hours.

10. Libraries Industry
A library can be organized and maintained by a public body, an institution, a
corporation or even by a private individual for their own purpose. Hence, from
this angle, the individual can easily maintain a private collection of books in their
library. The library industry has also taken a hit due to the emergence of e-books
and many electronic reading devices, but at the same time, many readers are
still fond of their books, keeping the industry alive. In other words, the industry
can be a bit rocky at times where the demand can change from time to time.
Alternative funding can help the Library Industry in
stabilizing itself. Many small and medium scale library
industries can find it difficult to fund themselves
especially if no financial institution is willing to provide
those loans and funds due to a higher level of risk
involved. The library industry can then go for
alternative funding which is also easy to acquire and
the interest rate is also quite low.

11. Conclusion
Thus, it can be concluded from this slide show that these industries may be
smaller in terms of scale but can obviously progress on a long term basis.
Hence, Alternative Funding is something that these buzzing industries deserve
for sure from this year onwards.