NYC, NY (PRWEB) December 04, 2013
Retailers Seeking Business Loans to Supply Their Customers Needs Throughout the 2013 Holiday Season
With consumer spending forecast to be upwards of 3-4 % compared to the 2012 holiday season, retailers across the nation have been proactively preparing by requesting additional business capital via bank business loans, alternative business loans, and merchant cash advances from major financial institutions to sub prime business loan companies.
Merchant Cash Advance Loans and Business Loans On the Rise for Q4 2013
As the holiday season is getting underway for 2013, thousands of business owners across the nation are in need of additional business capital for purchasing new inventory to keep up with consumer demand and related business competition. Along with this increase, many of these business owners are also seeking alternative business loans to gain more exposure and traffic via larger advertising and marketing budgets.
With the increased demand for business loans, merchant cash advances, and other alternative business loan programs, many major financial institutions can’t keep up with the processing of the business loan applications or the sharp increase in business capital requested by so many businesses in such a short period of time.
A recent report released by Moody’s and Experian outlined overall demand for small business loans backed by SBA funds falling 35% compared to October last year due to the Government shutdown, with the report closing on a positive note that the SBA should be back on track with business loan demand by the end of the year.
Another positive report published on the NYtimes outlined the demand by business owners seeking alternative business loans being funded by private investors, hedge funds, and equity firms via business loan companies and merchant cash advance companies.
Other financial institutions, major online retailers, and merchant service companies have also started to invest in the alternative business loan, merchant cash advance, and sub prime business loan industries. With big names offering business funding, such as- Amazon business loans, Ebay business loans, Paypal business loans, and Kabbage, many business owners should be able to facilitate additional business capital for the 2013 holiday season without much restraint from business loan companies.
With so many positive signs for small to large business owners receiving the funding they need, the next phase is finding the most legitimate business loan company that provides the most competitive rates and terms for the business owner seeking business lending services, business loans, merchant cash advances, or a business line of credit.
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