{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Next Biz Thing: Unveiling Tomorrow's Business","title":"Next Biz Thing #389 kingcapitalnyc.com","html":"","width":"100%","height":180,"duration":660,"description":"King Capital https://kingcapitalnyc.com/This episode of The Next Biz Thing looks at King Capital, a New York based alternative lender providing working capital to small businesses and startups across the United States. Host Markus J. Diplama walks through the timing gap that squeezes growing companies, then maps each of their six products, revenue based financing, invoice financing, equipment finance, term loans, lines of credit and SBA loans, onto the situation it actually solves. The episode also covers why speed matters in small business lending and how credit assessment is shifting from what a founder owns to what a business is doing now.Here is a situation that plays out somewhere in America every single day. A contractor wins the biggest job of their career. Genuinely good news. And then the arithmetic arrives. Materials up front. Crew on payroll from week one. Payment ninety days after completion. The work is profitable, the client is solid, and the business still cannot say yes, because the money arrives four months after it is needed.Welcome back to The Next Biz Thing. I am Markus J. Diplama, and this is the show where I look at businesses solving problems that matter more than they get credit for. Today we are talking about small business finance, and specifically about a New York based lender called King Capital.Let me set the stage, because the timing problem I just described is the whole reason this category exists.Small businesses do not usually fail because the idea was wrong. A great many of them run into trouble because money goes out before money comes in, and the gap between those two moments is wider than the bank account can absorb. Inventory before sales. Payroll before invoicing. Equipment before the contract it unlocks. Every growing business lives inside that gap, and growth actually makes it wider, not narrower, because growth means buying more before you collect more.Traditional lending has never been especially well suited to that...","thumbnail_url":"https://img.transistorcdn.com/Pb0F3jmlyIfOyRlax9T63lldyNPycKwPJeWzBdTAC44/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzQ5NzEzLzE3MDc4/NDQ0NzAtYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}