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Alterna Capital Solutions Inks $35MM in Commitments in First Half

January 31, 2019, 07:00 AM
Filed Under: Industry News

Alterna Capital Solutions, a specialty and alternative financing lender for small businesses experiencing growth, announced the deployment of more than $20 million during its first six months of operation beginning July 2018. The same time period saw the firm’s total commitment of capital reach $35 million. The impressive volume of deployed and committed capital is testament to Alterna’s world-class service and creative solutions for small businesses across a spectrum of industries throughout the United States.

“A strong economy is only one part of the small-business growth equation,” said Stan Carpenter, founder and President of Alterna Capital Solutions. “Consistently, we meet smart, successful business owners experiencing rapid growth who need a financial partner willing to quickly bring tailored working capital solutions to the table. And once a structured deal is made, our clients are relieved to know that we still answer the phone and still want to help them achieve their greatest business potential.”

Alterna’s 16 new client relationships represent a variety of industries (Food Production, Manufacturing & Distribution, Oil & Gas Services, Staffing Services, Telecommunications, Textiles, and Transportation), and states from all regions of the country (California, Colorado, Connecticut, Florida, New Jersey, North Carolina, Ohio, and Texas). One such example includes ABTSolutions, an Orlando-based IT Staffing and Consulting firm recognized as a Top 25 Women-Owned Business in the state of Florida.

“They stepped up when others had let me down,” said Sherry D. Lucki, Principal of ABTSolutions. “Alterna listened to my immediate business needs and moved expeditiously to create a solution for short-term and long-term considerations. They were easily accessible to answer my questions, and were generous with their time. I would definitely recommend Alterna to any business owner looking for a thoughtful, nimble financial partner.”


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