Nationwide (PRWEB) March 06, 2014
Getting a small business loan is difficult in the wake of the national and global economic downturn. Even with excellent credit, banks are denying applications in record numbers, being cautious with unsecured loan products.
Now, small companies can obtain a good credit business loan, without collateral or having to sign a personal guarantee, thanks to Business Cash Advance Guru, a leading alternative lender, providing many types of affordable business financial services. A small business cash advance loan does not require a credit check, or year’s worth of documentation. New companies find these options particularly attractive because of the scarcity of small business lending.
"Many entrepreneurs rush to find small business financing, and this haste can result in the new business owner inadequately financing the business. Additionally, the sequence in which you deploy certain financing methods can have a significant impact on your ability to find the appropriate financing. When applying for a small business loan, most lenders will require two years tax returns, the applicant's last two pay stubs, bank statements, a personal financial statement and other supporting documentation. Not having these records organized can delay the process and/or jeopardize the loan," reports Startup Nation.com.
Establishing a business takes time and effort and even companies which have been established are not guaranteed to qualify for commercial financing. Traditional banks make the small business funding process tedious and arduous. Years of tax and certified financial statements are necessary, as well as a large pledge of collateral. Still hurting from small business loan and mortgage defaults, banks are also facing a new wave of federal lending and banking regulations. Alternative lenders make the funding process simple with online applications, and 24 hour approvals.
“BusinessCashAdvanceGuru.com makes obtaining financing approval as fast and as simple as completing a credit card application. The goal of providing access to business capital swiftly and easily to small businesses across the country is realized through the alternative lender's release of its proprietary commercial funding system.”
Applicant companies can qualify for $5,000 to $500,000, and rates start at only 1.9 percent. Funds may be used for any purpose and money is directly deposited in only a week after approval. Payments are a percentage of the total loan amount, not a fixed sum, making repayment affordable, especially during slow sales months. This lender boasts a 98 percent approval rate and has many options for commercial grade funding at a low cost.
BusinessCashAdvanceGuru.com has expanded nationwide services that 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 is their commitment to customer service excellence and their 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.