BARNESVILLE — The village of Barnesville is home to a new lending institution — Terra Alta Capital.

Operated by Josia and Sabrina Milam, the business recently celebrated its grand opening with a ribbon-cutting ceremony hosted by the Barnesville Area Chamber of Commerce. Terra Alta Capital is located at 998 Shamrock Drive, Suite 2, Barnesville — the Stillwater Science Center on the Olney Friends School campus.

According to information from the business, Terra Alta Capital’s goal is to “help business owners get the financing they need to build and grow their dream.”

“We understand the struggles that a business may encounter, because our founders were business owners who experienced the same issues with financing. These struggles were what ignited the leaders at Terra Alta Capital to develop a team of financial experts that could provide a variety of financing solutions for the problems that every business encounters,” according to the company website.

“Terra Alta Capital has developed robust relationships with various banks, highly experienced financial professionals, and non-standard lenders. Please, let us assist with the building and growth of your dream.”

Some of Terra Alta’s financing programs include: Accounts Receivable; Commercial Real Estate; Equipment; Fix and Flip; Franchise; Healthcare & Medical; Merchant Cash Advance

Purchase Order; SBA Loan; Stated Income Commercial Real Estate; and Unsecured Business Lines of Credit financing.

Terra Alta Capital can help businesses even if they do not have “perfect credit.” One way is with a merchant cash advance of up to $200,000 for each physical business location for those who qualify.

“Our goal is to help you grow your business. If your company is still doing regular business, then we can help fund your goals. Aside from the benefits of a reliable source of cash, other perks we offer include: No closing costs or application fees; no collateral required; minimal paperwork; easy payback method; and spend money as needed.

Terra Alta’s payback plan does not require fixed payments and is simple.

“As customers shop, you pay your advance back with each transaction. We work with all major credit card companies, including Discover, MasterCard and American Express. If you have been turned down for a conventional loan in the past, we can help get you the funds you need,” according to company information.

Terra Alta also offers unsecured business lines of credit for emergencies and to protect various aspects of the operation including payroll, operating expenses, taxes and supplies.

“With our business credit solutions, you can keep all of these core systems running smoothly during tough times. You’re in control of your financial destiny, and you can come out of emergencies just as strong,” according to Terra Alta Capital.

For more information about Terra Alta Capital, call 740-619-0070 or visit terraaltacap.com.