Nationwide (PRWEB) December 09, 2013
Seeing the need for alternative capital solutions, this commercial funding provider has established a system to make business loans easily accessible without having to meet the stringent requirements imposed by the big banks.
The Great Recession not only caused many small businesses to suffer losses, but traditional lending institutions lost out too--recording literally millions of dollars in defaulted small business loans. The federal government responded by passing several new banking laws, which has made small business lending only obtainable for companies with large assets and nearly perfect credit histories.
Lending guidelines have become very demanding, requiring significant documentation and projections, "Nearly all small business credit lending banks, along with other financing establishments, require a detailed strategic business plan of any business before they take a look at application for the loan. When planning the strategic business plan make certain the strategic business plan provides particulars of its short and long-term goals, the business generating potential, just how much the business requires before starting. When it is able to expect a potential return out of the business and when it’ll require improvements before reaching the new phase and so on," the Wall Street Journal explains.
In the current small business lending environment, owners are asked to pledge collateral, such as their home as well as other assets, and asked to sign a personal guarantee to secure commercial funding from large corporate banks. However, alternative lenders are making working and expansion capital easy to obtain, without personal and company credit checks and without having to disclose personal and company liabilities and assets.
“CashFundsFast.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.”
Unlike traditional lenders, which require applicants to provide years of company tax returns, financial projections, and certified statements, Cash Funds Fast.Com makes getting restaurant franchise loans and other capital resources easy to obtain. There is no credit check and rates are very affordable. Funds can be used for any purpose and approvals are given in 24 hours with funds made available in just a week.
Common bad credit business loan services that Cash Funds Fast 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
CashFundsFast.com is 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, business cash advances on credit card processing platforms and web based visibility marketing. The advantages of doing business with TieTechnology is 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.