Varsity Business Solutions, dba Smallbusinessfunding.com, Launches Proprietary Algorithm to Match Small Business Owners with Alternative Lenders
Bala Cynwyd, PA (PRWEB) March 19, 2014 -- Varsity Business Solutions LLC is an internet based lead generation and broker office located in Bala Cynwyd, PA that specializes in helping small business owners who cannot get bank financing find alternative lenders that can provide them with capital. Banks are hard-pressed to provide capital to business owners today. Nearly 70% of all applicants are declined for a small business loan. Varsity sees this as a huge opportunity to leverage its online marketing expertise and strong web presence to attract small business owners in need of financing. The alternative lenders Varsity deals with provide short term, unsecured working capital revenue based loans. They have the ability and infrastructure to underwrite an application with very little documentation in as little as 24 hours. They can fund a small business loan for $2500 to $500,000 in less than a week. Our system can efficiently match any small business owner who cannot get bank capital to the right alternative lender that can best fit their needs. All alternative lenders have their own particular niche that they specialize in giving them better insight into specific industries and allowing them to quickly offer capital in less than 24 hours. While the rates of these loans are rather high compared to bank loans, they carry a lot more risk. The terms are short ranging from 3 months to 24 months (the average being 6 months). "These short term loans that Varsity can secure for businesses are meant to provide an immediate solution," says Michael Kevitch President and Founder, "that a small business owner may have including making payroll, buying inventory, new hires, expansion, or for just working capital." Working with smallbusinessfudning.com is a fast and efficient process due to their extensive experience in this alternative lending space.
About The Company
Varsity Business Solutions is a Delaware based LLC located in Bala Cynwyd, PA. They control numerous web properties, including smallbusinessfunding.com, promoting alternative small business loans for businesses owners that have been declined by their bank for funding. With a network of alternative lending partners covering all industries and high risk businesses over 90% of the applicants are approved for alternative funding. To contact, please call 1-800-742-2995
Michael Kevitch, Varsity Business Solutions, LLC, http://smallbusinessfunding.com, 1-800-742-2995 Ext: 2535, [email protected]
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