Welcome to Capital Conversion Group
Your Alternative Funding Source
Editorial comment:
Capital Conversion Group is located in the Eastern Suburbs of Cleveland, Ohio. This is the core of the Great Lakes region, which has been severely affected by the economic downturn of the past two years, 2006 and 2007. Business closings and loss of employment have put much of Ohio and surrounding states on a Federal list of dubious distinction. We are on the list of Labor Surplus Areas for the Federal fiscal year running October 2007, through September 2008. While the statistical definition of a labor surplus area changes with the overall national unemployment situation, essentially, we have an unemployment and underemployment rate more than 20% above the national average.
During a meeting of the Commission on Affordable Housing, in Cleveland, attended by representatives of Capital Conversion Group, the point was made that if you overlay the maps of closed businesses and home foreclosures, there is an almost 1 to 1 overlap. This makes perfectly good, if tragic sense, as Cleveland and the surrounding region also have one of the highest foreclosure rates in the country. Business closing means loss of jobs, loss of income, and then loss of homes and population. And the cycle repeats, with fewer people to be customers and clients for the remaining businesses.
There are many “initiatives” proposed to save jobs in Cuyahoga County, surrounding Cleveland, but none seem to go far afield from the “conventional wisdom” of finance. We know there are other sources of funds and ways to get them into the community that can and will help individual businesses stay in business, maintain employment, and even grow in these difficult times. We know because that is our business.
Capital Conversion Group has access to a broad list of funding organizations all around the country, coast to coast, that can bring money into our area and provide one on one help to area businesses. Alternative funding works! Using “other peoples’ money” works just as well for a region or business as for an individual. We can bring that money to Cleveland businesses, Cuyahoga County, and the Great Lakes Region. Help us help!
We are issuing a call to action to anyone who wants to bring our region back to its historic and vibrant economic life, one business at a time. Every business we help provides customers for all of its suppliers and support businesses. A small start compounds into a big result! If you know of, or maybe are one of those businesses that wants to thrive despite this difficult economic environment, call us today, at 216-382-6444, or email to ted@ccgfunding.com
Even if you are not in the Great Lakes Region, please give us a call. We can help anywhere in the country. We find funding sources that meet your needs. They do not have to be near you, but with our large network, they might be!
Again, Call 216-382-6444, email ted@ccgfunding.com or visit www.ccgfunding.com for more information and our contact form.
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