Monopoly has been a classic board game for over 100 years but if you have played it, you quickly realize what it takes to keep the cash flowing to become a real estate tycoon. But the game offers wisdom that can be applied to the real world of financing.

Altima Business has a 20 year success record of securing capital for business like yours. We represent all aspects of money from, bank, alternative, micro lending to equity raises. This allows us to find the best money (maximum funding, lowest rates) for many situations and circumstances.

Here are our four takeaways from the game that will immediately increase your understanding of your leverage when you want to secure the funding your business.

1. Assets

Based on real estate, Monopoly allows you to amass three types of assets: land, houses and hotels. Sometimes, when you are low on cash, you can trade a house or two, maybe a hotel, for a loan from the bank.

In your business, your assets can be a piece of land or a building, as well as equipment, vehicles, inventory, etc. This can be used as collateral by a lender to guarantee that you will repay them the loan they approved.

2. Cash flow

Doesn’t it feel good to collect cash every time a player stops on your property and has to pay the rent? Yeah, lenders love that too! If you have a history of consistently collecting revenue, lenders will feel comfortable that you possess that know-how and will continue to produce, providing an ability to repay the monies they lent you.







3. Get-Out-Of-Jail card

At times we can use some help from above! 2020 has definitely proven this…

In the same way that a get-out-of-jail card bails you out when you need it the most, in real life, a co-signer, someone willing to pledge their assets or personal reputation, could be just what you need to overcome current challenges.

4. Always have cash on hand

By far, this is the most important lesson in both the game and the financial world. To win in Monopoly, you have to be the last player left, in other words, the last one to have money. When you run out of cash, you may have to start selling off assets for pennies on the dollar. Once this starts happening, unless you get lucky, it becomes extremely difficult to manage the business.

We understand the many challenges businesses are facing due to the massive disruption caused by the coronavirus (COVID-19) pandemic. Understanding your leverage when dealing with financial institutions, including your bank, is an absolute.

If you feel overwhelmed and are not sure where to start, cash on hand is the first thing to keep an eye on. We shared the first steps to keep your cash flow up.

We are currently processing applications for the COVID-19 Relief Loan program from business owners across the country as quickly as possible. We work to assist as many applicants as possible. Read more.