LOS ANGELES, Sept. 13, 2013 /PRNewswire/ -- According to a new report released by the Thomson Reuters/PayNet Small Business Lending Index, small business lending in the United States has reached its highest point since before the Great Recession. After years of working with bad credit small business loans, Advantage Capital Business Loans has positioned itself at the forefront of the economic turnaround by meeting the needs of small and medium-sized businesses looking for a reliable and reputable lending institution. With ACBL's straightforward application process, there has never been a better time for expanding American companies to secure fast business loans.
The methods and procedures for traditional business loan programs have a tendency to be gratuitously tedious and complex. As a result, business owners waste valuable time and energy gathering information for their application that ultimately proves irrelevant with respect to whether or not their loan gets awarded. At Advantage Capital Business Loans, the application process has been simplified in a way that guarantees a quicker turnaround time for companies. Additionally, ACBL recognizes that the needs of every company differ. So, rather than coerce applicants into choosing between prearranged loan program options, ACBL has opted to support them in crafting customized proposals to meet the exact provisions their business requires.
Traditional banks and lending institutions are often guilty of playing favorites with larger, well-established conglomerates. This trend has a tendency to inhibit small firms from growing, especially in their early stages of development. Advantage Capital Business Loans is sensitive to the undue stress imposed on businesses, and wants to make it easier for new and expanding companies to have an equal chance to compete in the marketplace.
One way ACBL has fostered a hassle-free environment is by not requiring a credit card to apply for a loan, or relying on personal credit to get approved. Rather, they consider a company's potential for income, and factor in variables like cash flow and monthly sales to determine eligibility. Advantage Capital Business Loans caters chiefly to retail and other service-related industries; however they are well-equipped to provide assistance for a wide variety of companies. Qualified applicants can receive as much as $500,000 within three to five days of the submission of their request; larger loans can take slightly longer.
For companies to flourish in a post-recession economy the United States will have to embrace new ways of doing business. The experts at Advantage Capital Business Loans intend to stay ahead of the curve and avoid the mistakes of the past by continuing to offer robust programs for business loans. If you run a small or medium sized business and are interested in learning more about how Advantage Capital Business Loans can help take your business to the next level, contact them for a free quote by calling (877) 379-0202, or by checking them out online at www.AdvantageCapitalBusinessLoans.com today.
PR submitted by www.Cyberset.com
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