Nationwide (PRWEB) December 30, 2013
Fast loans for small businesses and other affordable business loan options are now available, thanks to the alternative lender, BusinessCashAdvanceGuru.Com, a leading provider of commercial funding at reasonable rates.
Since the national economic downturn came about, small companies have wondered where to find business loans as large banks have pulled back on commercial lending. This phenomenon occurred because of tens of millions of dollars in small business loan defaults as well as new federal banking regulations.
"Cash to assets is a key measure of liquidity that provides an indication of how much flexibility a firm has to deploy cash or access liquid accounts in order to make sizeable investments, according to Lawrence Litowitz, a partner at strategic advisory firm The SCA Group LLC. Managing your accounts receivable to ensure you’re getting paid as quickly as possible and managing inventory to avoid tying up cash are two ways to improve this metric. The Better Business Bureau recommends making the biggest debt payment possible each month, especially for credit cards, which typically carry high interest rates that otherwise accrued interest payable, another liability account," the Washington Post reports.
Recent studies of lending reveal that even companies with excellent credit files are being denied bank loans because those entities do not have sufficient collateral and owned assets. Liabilities are another disqualification factor as is a small margin earning, which are fickle.
Big banks want to see certified financial documents, and require business owners to sign a personal guarantee. Full asset and liability disclosure is a must as is providing years of tax returns and future earnings and loss projections. Alternative lender BusinessCashAdvanceGuru.Com boasts a 98 percent approval rate and bases its lending on credit card receivables.
“BusinessCashAdvanceGuru.Com 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.”
Funds are made available via direct deposit in only a week and may be used for any purpose. There is no credit check and payments are based on a percentage of the loan, making them truly affordable, especially during slower sales months. Additionally, there are tax benefits to business cash advance loans.
Business Cash Advance Guru’s 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.