Nationwide (PRWEB) August 07, 2013
Big corporate banks have taken over so much of the lending, banking and financing industry that small business lending has been on a steady decline since the economic downturn, which begun in mid to late 2008.
Small companies looking for an emergency business loan will find that the large banks are not a reliable resource for getting needed capital for whatever the situation might be. However, alternative lenders have become over the past few years, the go-to source for not only a way to get a quick business loan online, but substantial funding for more aggressive purposes. Small companies needing to expand, hire more employees, increase inventory levels, purchase more materials, or add to their equipment, will find that alternative lenders such as Cash Funds Fast are an affordable solution.
That’s because alternative lenders are much more flexible and don’t follow the strict qualification guidelines the leading banks do. In fact, large corporate banks want as much information as possible before even considering a loan application, “The more information you have to illustrate that you’ve run your business well in the past gives banks the confidence they need to invest in you for the future. The more information you provide, the easier it will be for your loan officer to get your loan approved. Banks are in business to loan money, so this is a win-win for both sides,” Marc Scheipe, chief financial officer at Sage North America told FOX Business.com. However, that statement clearly demonstrates that businesses with credit blemishes or not yet established have a limited chance of getting approved.
Cash Funds Fast has become a leading alternative lender because the big banks are imposing standards which are too strict and subjective rules, “Thousands of stunned small business owners call Dun & Bradstreet Credibility Corporation, Each week after they’re turned down for a loan. Dun & Bradstreet Credibility compiles small-business credit reports, which banks can buy to help make their lending decisions,” the Idaho Business Review reported just less than a month ago, in June of this year.
That means the best business loan products, which are the most accessible and affordable, can only be found through alternative lenders, like Cash Funds Fast. What’s more, the best business loan products are available with some extremely competitive rates, plus flexible repayment terms. That’s simply not the case with prominent banks, which ask business owners for so much just to get a loan application reviewed. Large corporate banks routinely require substantial amounts of collateral, full disclosure of all assets and liabilities, certified financial documents, years of business tax returns, as well as the owner’s individual returns and run a personal and company credit check.
However, lenders like Cash Funds Fast are far more flexible, catering specifically to small businesses by competitively offering low rates, and flexible payment terms. In addition, alternative lenders are quick with their application processing and pre-approvals, generally approving loans within as little as 24 hours. Funds are directly deposited into the applicant’s business banking account, and there are tax benefits for such loan products.
Common poor credit business loan services that http://www.cashfundsfast.com now offers through their nationwide expansion include:
More services are available, in addition to the above list, through the website at: http://www.cashfundsfast.com
The lending company’s Western U.S. expanded services are available in the following geographical areas:
Bellingham, WA, Bremerton-Silverdale, WA, Kennewick, WA, Richland, WA, Pasco, WA, Lewiston, WA, Longview, WA, Kelso, WA, Mount Vernon, WA, Anacortes, WA, Olympia, WA, Seattle, WA, Bellevue, WA, Everett, WA, Spokane, WA, Tacoma, WA, Wenatchee, WA, Yakima, WA, Billings, MT, Great Falls, MT, Missoula, MT, Bend, OR, Corvallis, OR, Eugene, OR, Springfield, OR, Medford, OR, Portland, OR, Vancouver, OR, Salem, OR, Boise City, ID, Idaho Falls, ID, Pocatello, ID, Casper, WY, Cheyenne, WY, Boulder, CO, Colorado Springs, CO, Denver, CO, Fort Collins, CO, Loveland, CO, Grand Junction, CO, Greeley, CO, Pueblo, CO, Albuquerque, NM, Farmington, NM, Las Cruces, NM, Santa Fe, NM,
Cash Funds Fast, a division authorized by TieTechnology, LLC. TieTechnology, LLC., specialize in service based solutions for businesses. Services provided by TieTechnology are merchant credit card processing, business service telecommunications, business cash advances on credit card processing platforms 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 or http://www.cashfundsfast.com/.