LOS ANGELES, March 12, 2014 /PRNewswire/ -- For entrepreneurs, easy business loans are always hard to come by – even as NBC and Reuters report that small businesses in the US increased their borrowing last year at a greater rate than in 2012, illustrating continued economic growth. Despite the improved economic conditions, those who borrow through traditional lenders are finding little has changed since the economic collapse of 2008. Meanwhile, managers and CEOs who borrow through Advantage Capital Business Loans are finding they're able to benefit from the growing economy. Thanks to their customized lending model, professionals in need of fast business loans can find that sudden needs can be handled when they arise, allowing them relief to focus on their financial goals in the long term.
The Thomson Reuters/PayNet Small Business Lending Index – which measures the volume of financing to small companies – rose to 117.2 in January. This is up 4% from a year earlier, and a good sign that more growth can be expected in 2014. The principals at ACBL are happy to see this undoubtedly good news for small business entrepreneurs, yet some experts, like Karen Klein, a Bloomberg BusinessWeek small business and entrepreneurship writer, remain unimpressed.
"Though small business lending is rebounding somewhat," says Klein, "it is still virtually impossible to get a loan to open a new business." In order to fill the void in lending at traditional banks, Klein suggests raising funds through babysitting or renting out a room in your apartment. However, the lending program at Advantage Capital Business Loans serves as a much more effective way for promising entrepreneurs to receive necessary small business funding.
About Advantage Capital Business Loans
Hailing from a small business background themselves, the principals behind ACBL set out to design a business lending model that would benefit small business professionals with loans that are simple, quick and easy to get approved. While traditional lenders usually offer loans with an exorbitant APR and set terms and pricing that favor big, multinational companies, the customized loans at ACBL include flexible options that allow each loan recipient to manage their cash flow. As any small business owner is well aware, this level of financial control during rough patches is utterly invaluable in effectively and sustainably growing a company.
Though minor, yet undeniable economic growth is making life a bit easier for everyone, as usual, big banks remain far behind the curve in broadening their lending in a way that truly benefits the small business entrepreneurs that drive our economy. Yet, thanks to the innovative lending at Advantage Capital Business Loans, professionals can still take advantage of a growing economy with simple loans that put them in control of their own funds. If you're looking to grow your company with a fair, manageable, and custom-made loan, contact Advantage Capital Business Loans for a free quote at (877) 379-0202, or online at AdvantageCapitalBusinessLoans.com.
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