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 problem. Not because banks are villains, but because their model is built around a long look backward. Years of filed accounts. Collateral. Personal guarantees. A process measured in weeks or months. That works for a mature business making a considered capital decision. It works considerably less well for a restaurant that needs a walk in freezer replaced this week, or a logistics operator who needs to cover fuel and drivers on a contract that starts Monday.That mismatch is what alternative lending grew up to serve, and King Capital sits squarely in it.They describe themselves as America's Fastest Funds for Small Business, and they operate out of 45 Broadway in Manhattan, serving small businesses and startups across the United States. What I find worth examining is not the tagline but the product range, because the range tells you how they actually think about the problem.There are six financing products, and each one maps to a different shape of the same underlying squeeze.First, revenue based financing, where repayments adjust with cash flow. That structure matters enormously for seasonal businesses. A landscaper in February and a landscaper in June are financially different companies. A fixed monthly payment ignores that. A repayment that flexes with revenue does not.Second, invoice or receivables financing. This is the contractor's problem I opened with, addressed directly. You have done the work, you have issued the invoice, the client is good for it, and you are simply waiting. Invoice financing converts that waiting into working capital now.Third, equipment financing, available up to the full value of the equipment. The neat thing about equipment lending is that the asset and the loan are the same object, which is why it can often be structured more simply than general borrowing.Fourth, business term loans, aimed at expansion and la