New Online Service Provides Faster Small Business Loans for Business Owners With Bad Credit
Hallertown, PA. (PRWEB) October 30, 2013 -- Small business loans for businesses with bad credit are now easier than ever. If a small business owner has established cash flow, according to Lisa Wolfrum, President of SBL Capital Group, LendDeck.com has now put a system in place to help such companies qualify for a loan from $2,000 up to $250,000 or more in special circumstances regardless of the owners credit score.
“The loans can be started with an easy online application and go to cash in hand funding in just a few days rather than the weeks or months it can take with most conventional banking institutions,” says Wolfrum.
Launched earlier this year (May 2013), the small business loan service was designed to help small businesses get the loans and financing they need without the hassle of a traditional bank loan
“The goal is the help them complete a no-obligation loan request form on the website in less than two minutes,” says Wolfrum, who now makes it super easy for these business owners to find out what kind of loan their business can qualify for without ever visiting a bank.
“The rationale behind LendDeck.com,” explains Wolfrum, “ is based on the fact many small businesses were finding it difficult to access loans or financing because traditional banks weren’t accommodating their application, because many of these small business owners had less than perfect credit scores.”
“With low credit scores of these small business owners playing a major factor in traditional banks not granting them loans, we have decided to step in to fill the breach with LendDeck.com, which has a much faster and easier application process with far less paperwork required and looks at the business operations instead of the business owner,” adds Wolfrum. "It's really the best solution out there for small business loans for businesses with bad credit."
Even though they do not offer loans for true start-ups, Wolfrum says LendDeck.com will consider most businesses with at least four months of operations and cash flow.
“We are really excited about the fact that LendDeck.com and its funding partners have so far helped small business secure several million dollars in financing in 2013 alone. Getting small businesses the money they need to continue operations and expansion is a great help in strengthening the American economy and we are excited to have the opportunity to fill a gap in the market. In so doing, we are helping the country’s economy to grow. Besides, it is a great feeling to be in a business where everybody wins,” concluded Wolfrum.
For further information, please contact: Lisa Wolfrum, President of SBL Capital Group, LLC - 800-213-6456, Lisa(at)lenddeck(dot)com or visit their website at http://www.LendDeck.com.
Lisa Wolfrum, SBL Capital Group, LLC, https://www.lenddeck.com, +1 800-213-6456, [email protected]
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