LOS ANGELES, Feb. 14, 2014 /PRNewswire/ -- Since the great recession that began in 2008, the divide in income inequality between the top 1% and everyone else has accelerated substantially. For ambitious entrepreneurs applying for small business loans, the dire situation can prove exceedingly frustrating, as most lenders are unwilling to take even minor risks, leading to even more pronounced economic stagnation. The finance experts at Advantage Capital Business Loans have set out to buck this trend – with inspiring results. ACBL provides simple, quick business loans with a high approval rating that favors small business owners first and foremost, helping to bridge the gap left by growing inequality.
An analysis from Barry Z. Cynamon and Steven M. Fazzari of Washington University in St. Louis found that since the crash, the lack of demand caused by the economic struggles of the bottom 95% has held back the recovery. "The consumer market is beginning to look like a sandwich without meat in the middle," says Michael Hiltzik, business writer for the Los Angeles Times. This means that the disappearing middle class is creating a market where that only substantial purchasing being done consists of luxury products for those at the very top of the income spectrum, and necessities by those at the bottom.
When consumer spending is down, giant, multi-national corporations can often weather the storm, but small businesses – which serve as the backbone of any healthy, sustainable economy – are often far less capable of weathering hard times. In order to have any chance of surviving, let alone thriving in this increasingly harsh economic climate, loans for small business are a necessity – yet at most big banks and traditional lenders, these loans come with notoriously harsh terms an inflated APR. That's why it should come as no surprise that ambitious professionals are increasingly turning to ACBL for their lending needs.
Upon the firm's inception, the principals at ACBL set out to create a customized lending experience with a manageable and affordable payback that allows small business leaders to effectively achieve their financial goals. This innovative method begins upon underwriting, wherein typical issues like credit, value of collateral, debt to income ratio and overall profitability of a business are eschewed in favor of a business's efficiency and potential.
For business persons with billions lining their pockets, and those marketing to the top 1% of earners, today's economy might seem perfectly fine, but for the rest of us, the marketplace presents more challenging hurdles than ever before. Fortunately, thanks to the lending model at Advantage Capital Business Loans, small business professionals can face these issues with confidence and security, knowing they have a team of true financial innovators on their side. If you're looking to sustainably grow your small business, contact Advantage Capital Business Loans for a free quote at (877) 379-0202, or online at AdvantageCapitalBusinessLoans.com, and look forward to a truly exceptional level of support.
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