New source for getting affordable high risk business loans, courtesy of leading alternative lender, BusinessCashAdvanceGuru.Com.
Nationwide (PRWEB) November 28, 2013
Now there’s a low cost, reliable source for obtaining high risk business loans, thanks to an alternative lender, Business Cash Advance Guru .Com, a commercial funding company with a 98 percent approval rate.
In the wake of the country wide economic meltdown, business commercial loans have become scarce. Scores of new regulations have traditional lenders tightening their lending standards. The net result is the majority of small businesses do not qualify for funding.
"Bankers say that the main reason small business lending is lower now than before the Great Recession is that demand has fallen. Small business owners, they argue, aren’t expanding, depressing the amount that the small business sector needs to borrow. This is no doubt part of the story. Small businesses were hit hard by the economic downturn. Analysis of data from the Federal Reserve Survey of Consumer Finances reveals that the income of the typical household headed by a self-employed person declined 19 percent in real terms between 2007 and 2010. Similarly, Census Bureau figures indicate that the typical self-employed household saw a 17 percent drop in real earnings over a similar period," explains the Federal Reserve Bank of Cleveland.
The toll of the Great Recession left hundreds of small businesses with blemishes on their commercial credit files, and now, finding commercial financing has become a very real challenge. Business Cash Advance Guru is changing that dynamic, being a reliable and affordable bad credit business lender, qualifying applicant companies for commercial funding between $5,000 and $500,000.
"Business Cash Advance Guru .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."
Lenders like Business Cash Advance Guru .Com, is making access to business loans easier to obtain, while large corporate banks stockpile millions of dollars in funds within their reserves and make access to those funds impossible to acquire for the average business. Traditional lenders typically require not only a thorough credit check, but tax returns from several years past, and certified financial statements.
BusinessCashAdvanceGuru.Com bases loan approvals on monthly credit card receivables and future bank deposits. Approvals are generally given in 24 hours, and funds made available through direct deposit in a week. Funds may be used for any purpose and payments are based on a percentage, adjusting downward during slow months, making these loans ideal for small businesses.
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.