New York City is home to many tech companies that are growing significantly. The companies in the tech sector of NYC can be divided into seven industries: computer manufacturing, software publishing, electronic shopping, computer systems design, data processing and hosting, scientific R & D and Internet publishing and broadcasting and web search portals.
Expanding faster than any other industry, tech is the fastest growing sector of NYC. Creating an increasing number of jobs every year, the tech sector of NYC is the third largest in the country, after California and Texas. With billions of dollars being invested as venture capital, many traditional non-tech companies have entered into the sector over the past few years.
More than 80% of the tech companies are located in the Manhattan. However, there has been an increase in the number of tech companies in Brooklyn too. More than one-third of the employees in these tech companies are immigrants. Most employees are aged 45 and below and hold at least a bachelor’s degree. One quarter of the NYC tech sector is made up of women.
As per the Global Startup Ecosystem Report of 2017, New York is one of the best places in the world to launch a startup, especially in the tech sector. About ten new startups come up every month in this sector. However, despite the venture funding, many of the startups are finding it difficult to obtain adequate funds to keep their businesses running. This is where Yellowstone Capital LLC can help.
Yellowstone Capital is an innovative company that provides business owners an alternative source of funding. With an expert team that comes with years of experience in alternative business funding, the company is all set to help out startups and small businesses achieve their goals and succeed. The team at Yellowstone Capital works closely with small businesses to understand their challenges and figure out options that cater to their requirements in the best possible way.
Yellowstone Capital has contributed to the growth of at least 25,000 small businesses by raising about $1 Billion in small business funding. Instead of the traditional business loans that take more than one or two months for processing, Yellowstone Capital offers merchant cash advances that are available instantly. They require no collateral and can be obtained by almost any business.
Startups in the tech sector of NYC can find it easier to obtain funding from Yellowstone Capital as and when they require it. The in-house funders of Yellowstone Capital are dedicated enough to work closely with startups, understand their challenges, and figure out the best way to cater to their requirements. They are focused on funding more and more deals, getting approvals in the fastest way possible.
In order to make even the impossible deals possible, Yellowstone Capital has tied up with numerous funding partners within the Merchant Cash Advance industry, thereby creating one of the largest ISO networks of the country. Unlike other funding companies, Yellowstone Capital focuses on helping small businesses and startups grow and succeed.
As a NYC startup, all that you need to do to get funding from Yellowstone Capital is to contact one of their personal liaison officers, who will negotiate on your behalf to help you get the best deal. If everything goes well, you should get the assistance that you require within 48 hours from the time you apply.