San Diego, CA (PRWEB) May 23, 2014
National Funding, a small business financial services company and alternative lender, today released its white paper titled “Where to Go for Financing When the Bank Says ‘No.’” With traditional bank financing no longer a viable option for many business owners, this whitepaper covers five financing avenues. The following funding sources are discussed: Small Business Administration (SBA), family and friends, home equity, credit cards, investors and alternative lenders.
The latest National Funding white paper addresses the subject of where a small business owner can go to secure funding to cover startup costs and/or funds needed to help them run and grow their established business. A recent study by the Federal Reserve Bank of New York found 90 percent of small businesses have had a loan request rejected by their bank in the past year.
In this white paper, owners find a brief summary for loan procurement options other than their bank.
“Our new white paper is meant to serve as a resource to help small business owners evaluate financing options. Big banks have closed their pocketbooks to small-business owners, and we’ve seen how other financing options, like credit cards and home equity loans present a range of other issues,” said National Funding CEO David Gilbert. “Because traditional lenders aren’t lending, we’ve picked up the slack and what was once thought of as alternative is now becoming the new normal.”
Download the free National Funding white paper “Where to Go For Financing When the Bank Says ‘No’” at http://www.nationalfunding.com/white-papers/.
For more information about financing and leasing equipment, visit http://www.nationalfunding.com.
About National Funding
San Diego-based National Funding is a full service financial services company for small to medium-sized businesses nationwide. It provides working capital loans, equipment leases, merchant cash advances and credit card processing. National Funding serves a wide diversity of businesses including, but not limited to: trucking, restaurants, automotive repair, construction, excavation, multimedia, manufacturing, telecommunications, printing, packaging, waste management, and more. National Funding was recognized as a 2013 Inc. 500 | 5000 company as well as one of San Diego’s 2013 Fastest Growing Companies. For more information, visit the company's website http://www.nationalfunding.com.