New Program For Business Loans Announced
BLQ leads the way in business loans.
Cary, NC (PRWEB) June 30, 2006 -- Business Loan Quest (BLQ), a leading broker of business loans throughout the Triangle area, announced today a new and creative loan program. This is one of the finest loan programs available with up to ninety percent (90%) financing.
This program is designed to help clients otherwise unable to qualify, or obtain sufficient funds for a business loan. Under previous programs only thirty percent (30%) of applicants qualified for acceptance. The new program will raise that number to a point where it is expected up to eighty percent (80%) of applicants will be cleared for presentation to lending institutions and private investors. Loans with higher LTV (loan-to-value), sometimes up to one-hundred percent (100%) are possible for qualified borrowers.
“In some cases we've been able to get necessary funding to the client without increasing their monthly budget,” said Marina Lando, President of Business Loan Quest. “In other words they got money without spending even a single penny more.”
Borrowers will still have to pass certain minimum requirements to qualify for this program, but as long as they already own real estate of some sort, and have a minimum credit score of six-hundred-eighty (680) with no tax liens or judgments against their existing property, qualification for presentation to lenders is simplified.
Programs like this are typical of the type of loan packages available through Business Loan Quest for clients from individuals seeking to finance a home to businesses seeking funds to establish themselves or expand their facilities. Business Loan Quest is committed to helping business grow.
About Business Loan Quest:
Business Loan Quest (BLQ) is a diversified, full-service business loan consulting company, specializing in business loans of $100k or more. Through an intensive screening and packaging approach, BLQ is able to save businesses a significant amount on business loans of all types, and present fully-screened business loan applications, ready for the underwriter. BLQ can simplify loan applications for business owners and new entrepreneurs, and match loan requests with the appropriate bank or investor. Funds are available for business loans at competitive rates and terms. For more information, please visit our website (http://www.blquest.biz) or call us (1-919-469-1505) directly.
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