Small Business Needs
Small businesses encounter a range of threats and opportunities on a regular basis, many of which afford little time for decision making, much less arranging financing. Depending on the situation, traditional channels of business financing are just too slow, and in some cases, inaccessible. In a world where it takes money to make money, the ability to immediately increase a business’ liquidity through the exchange of a business owner’s luxury assets is an important competitive tool, regardless of whether capital is needed to stave off a competitor, quickly enter a new market, upgrade critical equipment, hire a star salesperson or simply make payroll. Velocity is a key enabler of business success. Adding the Lux Exchange to a small business’ range of financing alternatives is a proven means of maintaining strong, and even increasing the velocity of a small business.