Acquire A Bad Credit Business Loan With Fast Approvals By Business Cash Advance Guru
Nationwide (PRWEB) March 05, 2013
Small businesses with little or poor credit that are unable to secure financial assistance from traditional lenders such as banks and private equity groups can now get the access they need to capital funds without a lengthy application and without having to submit reams of supporting documentation.
“We’re the biggest benefactor to the machine that is corporate banking. Thanks to the big banks, we’ve been able to help dozens of small businesses when they most needed the assistance. Our goal is to continue to provide the utmost service and do more than just qualify people for a bad credit business loan. We’d like them to think of us as a partner, a viable and realistic alternative to traditional sources. Our customer satisfaction rating, along with borrower feedback demonstrates that this is the case,” a company spokesperson noted, commenting on the need for small companies, which need to borrow money for business.
The alternative loan industry is experiencing rapid growth, not because of super high interest rates or outrageous fees, but because small business owners become so frustrated when the bank they’ve held a commercial account at for years tells them “No” after months of submitting financial statements, offering collateral and combing through the their personal and corporate credit records.
A typical business loan is not just mountains of paperwork it’s a journey through an unwavering bureaucracy that does nothing but place one layer of red tape after another. The bad credit business loan industry is gaining real credibility as more obstacles present themselves to small corporate entities that are seeking capital.
“Regardless of how you term it, whether it is an ‘alternative business loan’ or a ‘really bad credit business loan’ or a ‘merchant loan’, business owners are finding that these products are far more flexible in terms at significantly competitive rates. Couple that with no credit checks, no UCC-1 filing and no collateral and it is little wonder why businesses increasingly use our products--regardless of having really good credit, bad or lackluster credit, or even no credit,” the spokesperson added.
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