ACBL Bucks the Trends with Small Business-Centric Lending Customized loans to small businesses from Advantage Capital Business Loans fill an important and often neglected role in the economy.

LOS ANGELES, May 21, 2014 /PRNewswire/ -- The current common wisdom tells us that the economy is on an upswing after months of challenges. However, upon closer inspection, the cracks in this faulty line of thinking begin to show. While it's true that large banks are finding easy business loans more common than they've been in years, many smaller, locally owned businesses seem to exist in a different lending climate altogether. For smaller companies – particularly those suffering from bad credit – business loans can seem impossible to achieve. Yet, at Advantage Capital Business Loans, applicants will find a team of experts that is committed to providing small businesses with lending that is simple, quick and easy to get approved.

The strategy at ACBL stands in direct contrast to what many have come to expect from large banks since the economic collapse of 2008, but lending that favors large banks is certainly nothing new. The Huffington Post reports that since 2000, bank lending to large businesses has risen 36%, while small businesses have seen lending drop 14%. Even worse, micro business loans – those less than $100,000 – have plummeted 33%.

The numbers show that the precipitous drop in lending to small businesses is not for lack of need. In the 2014 Independent Business Survey from the Institute for Local Self-Reliance, 42% of business owners that needed a loan in the previous two years reported being unable to obtain one. The issue was particularly pronounced among startups with fewer than 20 employees and enterprises owned by minorities and women. Yet, ACBL utilizes a lending strategy that focuses on providing financing to those who need it most – regardless of one's gender, ethnicity or cultural background.

The difference in their funding experience begins in the underwriting process. While most banks have traditionally put all the weight on a business' personal credit, value of collateral and profitability, ACBL puts the more heavily values efficiency and potential. This allows ambitious professionals who are most in need of financial assistance to receive the lending they need to keep their companies alive and thriving during any challenge they may face. Perhaps most importantly, their dedicated account executives will even work with each customer to create a loan that is customized to effectively suit their needs.

It's no secret that locally owned businesses are a primary source of new job creation, as they contribute to higher median household incomes and increased social capital. The innovative lending at ACBL is not only an invaluable resource for owners of small and modest sized businesses, but also fills a gap in the marketplace that safeguards all of us from the effects of a stagnant, ineffective economy. If you're a CEO or manager in search of a no obligation custom business loan, contact Advantage Capital Business Loans for a free quote at (877) 379-0202, or online at AdvantageCapitalBusinessLoans.com.

PR submitted by www.Cyberset.com

SOURCE Advantage Capital Business Loans



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