Introducing the Best Business Loan Available to Small Companies, Thanks to Alternative Lender Business Cash Advance Guru
Nationwide (PRWEB) November 14, 2013
The best business loan available today to small companies comes courtesy of Business Cash Advance Guru, a leading alternative lender which specializes in capital funding options such as emergency business loan products, working capital infusions, and commercial level financing for companies across many industries.
Small business lending has been on a steep decline since the national economic downturn began taking hold in 2008, “The number of U.S. , defined as $1 million or less, declined 5 percent last year, according to a study by the Small Business Administration released in July. The dollar amount of small business loans declined 7 percent. Moreover, the economic downturn has crushed the dreams of many entrepreneurs. More than 170,000 small businesses in the U.S. shut down between 2008 and 2010, according to a recent analysis of U.S. Census Bureau data."
The latest round of analysis into small business lending shows that as new federal regulations being imposed on traditional lenders such as banks and credit unions have caused those institutions to revise their lending criteria. New standards are increasingly shutting out the majority of small businesses. Companies must have a near perfect credit history, pledge substantial assets, and owners are required to sign a personal guarantee.
Alternative lenders, like Business Cash Advance Guru, make obtaining a quick business loan online easy. This lender charges no hidden fees, does not run a business credit check, and can qualify online applicants for $5,000 in as little as 24 hours.
“Business Cash Advance Guru makes obtaining financing approval as fast and as simple as completing a credit card application. The goal of providing access to business grade capital swiftly and easily to small businesses across the country is realized through the alternative lender's release of its proprietary commercial funding system.”
Traditional banks not only require collateral, but a lot of documentation. Certified financial statements prepared by an accountant, along with profit and loss projections ranging between three and five years, are also part of the qualification criteria.
Small businesses going through lenders such as Business Cash Advance Guru are getting capital funding in as little as a week, via direct deposit. Funds can be used for any purpose, and these loans are very affordable, starting at just 1.9 percent. Payment installments are based on a percentage, automatically lowering during slow months to make these loans affordable.
Business Cash Advance Guru.Com expanded nationwide services are now available in the following geographical areas:
Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, Washington DC, West Virginia, Wisconsin, and Wyoming.
http://www.BusinessCashAdvanceGuru.com is a division authorized by TieTechnology, LLC. TieTechnology, LLC, specializes in service based solutions for businesses. Services provided by TieTechnology are merchant credit card processing, business service telecommunications, and web based visibility marketing. The advantages of doing business with TieTechnology are, their commitment to their customer service excellence and the offering of one stop solutions to all business to business service product needs for the customers’ convenience. To learn more about their wide assortment of business services, please visit http://www.tietechnology.com.