Weekly Insights from Sol Berkoff
Principal at Charleston Capital, Inc.
At Charleston Capital, we are frequently asked why a small businesses would use high APR, short-term financing.
Often, they need capital to grow.
For a small business, raising equity is rarely a viable option. Small business owners usually do not have the time or the resources to find new partners.
And -- as good as the modern world is at distributing goods geographically, it is horrible at distributing capital geographically.