Cuts to UK Lending Serve as a Reminder of the Importance of ACBL The financial experts at Advantage Capital Business Loans provide very effective small business loans at a time when the global economic situation is increasingly dire.
LOS ANGELES, Dec. 9, 2013 /PRNewswire/ -- At Advantage Capital Business Loans, you'll find a team that is on the cutting edge of lending in ways that are exceptionally rare among traditional lenders. For small and medium-sized business owners, easy business loans are all but impossible to come by in today's marketplace. Yet, at ACBL, you'll find loans that are effective, quick and easy to get approved. Perhaps most importantly, their unique underwriting strategy allows them to provide no credit check business loans as well as lending to those with little to offer in the way of collateral. For small business CEOs and entrepreneurs who normally depend on government aid, the methods of ACBL serve as a breath of fresh air – particularly in lieu of surprising recent actions to scale back government lending in Britain.
After years of economic turmoil, lending in the US has finally begun to open up. However, at the same time, our friends across the pond are finding the government purse strings tied tightly. The Guardian reports that the Bank of England has scaled back a loan program that was meant to spur economic recovery due to fears that cheap mortgages could inflate a housing bubble.
Launched in June of 2012, the program, together with the UK Treasury, was designed to help homes and businesses to emerge from the global financial crisis that – believe it or not – is even more pronounced in Europe than in the U.S. Yet, beginning in January, the program will only be available to small and medium-sized businesses, a development that serves to illustrate two interesting facts. Firstly, the importance of small and medium-sized businesses to any nation's overall economic health, and second, the unreliability of any government aid program.
While conservative spending policies and government gridlock can quickly curb the dreams of ambitious professionals seeking financial support, ACBL will fortunately always be on hand to provide reliable and exceptionally effective lending when it is needed most. Hailing from a small business background, the founders at ACBL have dedicated themselves to providing each loan recipient with a customized loan that is perfectly designed to handle each business's specific goals.
The ingenuity of ACBL begins with their underwriting model. While most traditional lenders and big banks put the majority of weight on personal credit, value of collateral, debt to income ration and overall profitability, ACBL puts most of the weight on a business's efficiency and potential. That means that ambitious and responsible professionals who need help the most can benefit from their impeccable lending strategies.
While U.S. small business leaders are lucky to be in a generally better economic position than that of their brothers and sisters across the Atlantic, it's important to realize how quickly economic conditions can turn around – and how essential ACBL continues to be. If you're a professional seeking a refreshing and reliable lending experience, contact Advantage Capital Business Loans for a free quote by calling (877) 379-0202, or online at AdvantageCapitalBusinessLoans.com.
PR submitted by www.Cyberset.com
SOURCE Advantage Capital Business Loans