Business Cash Advance Guru Reveals How Easy It Makes Business Financing Available for Small Businesses to Acquire Bad Credit Business Loans for Needed Working Capital
Nationwide (PRWEB) October 11, 2013
Many small companies seek commercial grade business financing only to find a long, difficult application and strict guidelines. Alternative lenders are proving to be an invaluable resource for working capital.
Business financing continues to suffer since the financial meltdown in the middle of the decade. Particularly scarce are high risk business loans, which lenders shy away from because of their precise nature. Small businesses and entrepreneurs alike need working capital funding options, in order to stay competitive, or in some instances, survive.
However, business financing proves elusive, "Only one third of small business owners were able to obtain all of the credit that their businesses need, a recent National Federation of Independent Business (NFIB) survey shows. The survey’s finding is not surprising. Many economists, policy makers and small business advocacy groups have long explained that small businesses have a harder time obtaining credit than their larger counterparts. When it comes to accessing capital, size absolutely matters," Small Business Trends magazine explains.
Alternative lenders like Business Cash Advance Guru are taking on the financial challenge by offering business financing through a simple online form. Applicants do not have to provide years worth of tax returns, profit and loss statements, profit projections, credit history disclosures, as well as full disclosures of all assets and liabilities.
In addition, small businesses are typically required by large corporate banks to pledge substantial collateral; both private and business held assets. Moreover, many big banks require the business owner to sign a personal guarantee so if the company fails, the owner is personally responsible for repaying the loan in its entirety.
“Business Cash Advance Guru 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 large corporate banks, which take weeks, even months to process an application, Business Cash Advance Guru approves 98 percent of its small business funding requests within 24 hours of submission. The alternative lender makes capital funds available in short order, by directly depositing approved monies into the applicant's business checking account.
Funds are available for use at the borrower's discretion, and repayment terms are flexible, based on a percentage and not a fixed sum. Interest rates are highly competitive, and borrowers can secure between $5,000 and $500,000 in capital funding without a credit check.
Common alternative lending services that Business Cash Advance Guru.com now offers include:
- Business Cash Funds Fast
- Merchant Loans
- Unsecured Business Loans
- Merchant Cash Advances
- Small Business Loans
- Business Loans
- Unsecured Business Loans
- Business Loan Alternative
- Bad Credit Small Business Loan
- Franchise Business Loans
- Medical Business Loans
- Retail Business Loans
- Restaurant Loans
- High Risk Business Loans
- Business Working Capital
More services are available, in addition to the above list, through the website at: http://www.businesscashadvanceguru.com.
Business Cash Advance Guru 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.
Business Cash Advance Guru, 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, or, http://www.businesscashadvanceguru.com.