With the SBA's 45% reduced 2012 budget request for $985 million, BusinessCashAdvance.com (BCA) predicts that there may be an increase in demand for business cash advance financing this year

CORAL SPRINGS, Fla., Jan. 30, 2012 /PRNewswire/ -- While a number of small businesses owners depend on SBA financing to access working capital, many potential borrowers are left without much hope. SBA borrowers will be facing a potentially much tighter SBA in 2012 with the latest budget request that follows the downward trend of lower fiscal budgeting since 2010.

While many of the SBA budget cuts are aimed at reducing bad investments and increasing efficiency of services, BCA is considering the necessary steps to accommodate yet another increase in demand for business loan alternatives, specifically the merchant cash advance program.

Business cash advances provide financing to businesses such as restaurants, retail stores, beauty and nail salons, and others. Based on future sales, merchants can access funds for any purpose including: equipment purchases, repairs, taxes, keep payroll current, or anything else.

"Based on increases in 2010 and 2011, we have to assume that another SBA budget cut may have an effect on our industry. While there is a chance that a more efficient SBA program will open more doors, we are expecting that small business owners will continue to seek out an alternative when those traditional lending channels are closed," explained Larry Yazen, merchant cash advance specialist.

According to the SBA government website the 2012 budget aims to encourage small business expansion and help millions of small business owners who drive American competitiveness, innovation, and economic growth. Financial experts at BusinessCashAdvance.com and other lenders are also committed to helping small businesses and it may be enough to fill the gap left by the ongoing economic challenges.

The financial professionals at BusinessCashAdvance.com provide merchant cash advances to small businesses in a broad spectrum of industries. A free application is available online at http://www.businesscashadvance.com or by calling 866-411-0606.

Alison Leon, aleon(at)businessfinancialservices(dot)com, 954-757-2525 x358

SOURCE BusinessCashAdvance.com

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