'Our growth is a direct reflection on our sales and marketing team’s extensive understanding of the market and their ability to get a deal done,' explains Michael Kevitch, President.
Bala Cynwyd, PA (PRWEB) November 26, 2013
Varsity Business Solutions LLC, dba Smallbusinessfunding.com (SBF), helps small business owners find fast capital in the form of alternative small business loans when banks turn them down. Today banks are not lending and are extremely restrictive with their underwriting. Small business owners often first go to a bank for financing. This is a good idea because if you’re approved you will get the very best deal. The problem is though most small businesses are declined for funding by their bank. Roughly 80-85% of applicants are declined. SBF fills this demand and helps small biz owners get the funding they need. Through a large network of lenders SBF has over a 90% success rate of getting an approval for a small business owner. The alternative lending space is a fast growing space because of the lack of bank lending. SBF has a proprietary algorithm that enables its system to quickly match applicants to the best alternative lending scenario to meet their needs. Most view this alternative funding as a merchant cash advance requiring repayment through credit card sales. This not the case. Actually, the funding they acquire for small business owners are unsecured revenue based loans. These loans do not require a business owner to process credit cards. At times though, a lender may require a merchant to repay through their credit cards and SBF will help facilitate this process 100%. SBF is proud to be an agent for the largest merchant processing company in the country. SBF also helps small business owners position themselves with Factors as well as Asset Based Lenders.
Alternative Business Funding Demand
The increase in demand for our service is evident by the huge increase in the number of deals that are seen on a daily basis. “Thanks to our vast network of ISO Partners and our advanced online marketing expertise we are positioned to capture those small business owners in need of fast capital before they end up with another brokerage company or lender,” says Brian Mullins CTO/CIO. SBF has doubled its workforce and continues to experience high growth. Understanding the needs of small business owner’s financing requirements is what SBF specializes in. “Our growth is a direct reflection on our sales and marketing team’s extensive understanding of the market and their ability to get a deal done,” explains Michael Kevitch, President. Business owners, CPA’s, and Business Consultants like working with SBF because of their success rate and their ability to help small business owners expand and grow.
About The Company
Varsity Business Solutions LLC is a Delaware company based in Pennsylvania. They have a vast network of lending relationships with alternative lenders to help small business owners find financing when banks decline them. Loans are used for expansion, inventory, equipment or working capital. A single one page application and a few documents can get a lending decision in just 24 hours and funding in only days.