Nationwide (PRWEB) December 10, 2013
In the past several years, working capital loans, particularly small sized business financing and affordable restaurant business loans and automotive service owner loans have been difficult to secure, but alternative lenders like BusinessCashAdvanceGuru.Com are stepping up to give small businesses the opportunity to get capital funding at a low cost.
Traditional banks, following the national financial meltdown, increasingly made small business applicants provide more documentation, commit collateral, sign a personal guarantee, and have nearly impeccable credit files in order to qualify for a loan.
"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 2 pay stubs, bank statements, personal financial statement and supporting documentation. Not having these records organized can delay the process and/or jeopardize the loan," reports Startup Nation.com.
In the current small business lending environment, it's not enough to have collateral to secure a loan. Banks want a treasure trove of verifiable information, such as tax returns, profit and loss statements, certified financial documents, and future loss and earnings projections before even considering an application for a commercial loan.
Alternative lenders have taken up where banks and credit unions left off, filling the void in small business lending. Companies like Business Cash Advance Guru.Com makes the application and funding process easy and affordable, a stark contrast to traditional lenders.
“BusinessCashAdvanceGuru.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 fast and easily to small businesses across the country is realized through the alternative lender's release of its proprietary commercial funding system.”
Small companies are finding the only go-to source for capital financing is not the large banks. Struggling to find accessible, affordable commercial grade funding options, small business owners are turning to Business Cash Advance Guru.Com for their capital lending needs.
Applications are available online, and approvals are generally given in only 24 hours. Funds are directly deposited into the applicant's business checking account, and there is no credit check. Funds can be used for any purpose and rates start at just 1.9 percent.
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.