2. Introduction
This slideshow comprises of the top 8 industries that are immensely promising to
generate revenue, in spite of containing more of small and medium scale business
firms. Alternative Funding can surely assist such industry firms for catering to their
financial requirements.
3. Arts & Crafts Industry
Arts and crafts are a way in which wide varieties of activities are involved in
which a creator makes something unique or attractive with their own hands.
Although arts can be considered a hobby, there exists a flourishing industry for
the same which produces beautiful handiwork and crafts from time to time.
The uncertain demand generated in the market and the unstable regulations
can harm the borrowing capabilities of SMSE from this sector and they might
not even be eligible for any form of traditional loans. Alternative funding can
replace the traditional loan options for many SME arts and crafts industry.
Alternative funding has a low rate of interest when compared to other loan
options.
4. Broadcast Media Industry
The Broadcast Media Industry comprises of Television as well as Radio station
networks that create content or attain the right for broadcasting pre-recorded
television as well as radio programs.
Whether it is a small sized advertising firm or a local level news channel, the
smaller players of the Broadcast Media Industry always find it tough to seek
funds from conventional institutions like banks. They can take the path of
Alternative Funding to get additional finances for running their business
operations smoothly. Such funding can prevent them from shutting these
operations even for a day which points to a blackout in the case of multimedia
based firms.
5. Chemical Industry
The Chemical Industry consists of the firms that are meant to produce
industrial chemicals. It heavily contributes to the global economy by converting
raw materials into more than sixty thousand various products. The raw
materials may be natural gas, oil, water, air minerals or even metal.
Alternative Funding will help this industry’s firms
to purchase the most & even urgently needed
machinery for its business oriented growth.
Further, this means of funding helps small or
medium sized Chemical Industry based firms in
achieving their business targets easily because
it enables them to cater to the demand of their
client base in a prompt manner.
6. Dispute Resolution Industry
The Dispute Resolution Industry consists of the large, moderate and small
sized firms that deal with the process of Dispute Resolution. This process is
related to the resolving of disputes among the parties involved.
Alternative Funding methodology can enable this industry’s firms to even try
facilities like Invoice Factoring as well as Business Credit Cards.
7. Education Management Industry
The Education Management Industry
comprises of firms that deal with the field of
academic study along with a cooperative
set of professionals which encompasses
principals, teachers, professors and many
other educational professionals.
In the past few years, Alternative (Optional)
Funding enterprises have turned far more
well-known to provide financial assistance
for Individual or even Institutional Business
based firms. Such enterprises assist these
firms to avail funding with the minimum
amount of turnaround time needed in the
entire procedure..
8. Fashion Industry
The Fashion Industry is a multibillion-
dollar global business devoted to the
business of making and selling clothes.
This industry comprises all of the
individuals and businesses that design,
produce, and market the things that we
wear, including belts, shoes, dresses,
formal suits, hats, jackets, jeans,
necklaces, swimsuits, T-shirts, and all
of the other types of clothing or
accessories that we purchase.
New business ventures in the fashion industry face enormous challenges, the
most critical among these is securing early-stage funding. Alternative funding
options make the funding process borrower-friendly by not imposing unwanted
restrictions and huge paperwork formalities. With their reasonable loan rates,
shorter loan-processing period and faster transactions, any borrower from the
Fashion Industry can access money quickly.
9. Government Relation Industry
The Government Relation Industry comprises of all those firms which act as a
mediator or bridge of sorts between various private/government undertaking
organizations and the government in question.
Any Government Relation Industry based
firm, be it the struggling moderately sized
or small sized startup can always seek the
path of Alternative Funding. The method
of Alternative Funding can surely facilitate
such firms to go carry on with their crucial
services that are in the public domain or
even try for business expansion plans.
10. Higher Education Industry
The Higher Education Industry comprises
of public colleges as well as universities,
privately run non-profit schools and also
some small sized private educational
firms run for profit purposes.
Alternative Funding is the suitable methodology
for Higher Education Industry related firms when
they are not able to receive assistance from
agencies like banks or any other finance source.
This funding method is very much useful for
Higher Education Industry based firms to enjoy
benefits such as business loan at low interest
rate, line of credit or business credit card.
11. Conclusion
The 8 particular industries mentioned in this slideshow are very much promising in
terms of future revenue generation potential. If Alternative Funding is provided to
them then their firms can surely repay the borrowed amount right on time. They
can be great contributors towards the state economy in the long run.
