As Government Small Business Loans Prove Unreliable, ACBL Remains Steadfast

Small business lending dropped precipitously during October's government shutdown, illustrating a need for the type of innovative lending available at ACBL

Nov 18, 2013, 20:01 ET from Advantage Capital Business Loans

LOS ANGELES, Nov. 18, 2013 /PRNewswire/ -- For years, the U.S. Small Business Administration has been the primary source of aid for modest-sized companies looking to compete in an increasingly tough marketplace. Yet, while recent events have illustrated a weakening confidence in government agencies, the innovative lending of Advantage Capital Business Loans is clearer than ever. Since the company's inception, they have consistently provided easy business loans that are simple and quick, with an approval rating that favors the recipient. That's why, for responsible entrepreneurs seeking no credit business loans, ACBL is always the ideal choice.

During last month's highly publicized government shutdown, the U.S. Small Business Administration was unable to approve loans for small businesses for nearly three weeks. The development led to headaches for small business professionals, many who simply required financial assistance to stay afloat in a harsh economic climate. In fact, Bloomberg Businessweek reports that during the first four weeks of October, SBA loan volumes decreased 35% from the same period last year.

While many small businesses showed a quick turnaround after the end of the government shutdown, there is still a great deal of concern regarding how it will affect spending during the pivotal holiday season. Causing even more anxiety for economists and entrepreneurs, the deal that ended the crisis is still only a temporary solution. "Uncertainty poses a greater threat to small firms," states a recent report from Experian and Moody's Analytics. "The deal struck on Oct. 17th to fund the government and avert breaching the debt ceiling only funds the government until January and extends the debt ceiling through February." At a time when the fallibility of government assistance is as evident as ever, ACBL stands as a truly invaluable resource for tenacious and talented small business owners.

At ACBL, professionals can find a lending experience that is the antithesis of what they have come to expect from traditional lenders and government bureaucracies. In short, they'll find simple business loans with a high approval rate and terms that favor the loan recipient. That means no hidden fees, prepayment penalties or other matters that are typical concerns when it comes to business loans.

Furthermore, while most banks will put all the weight on personal credit, value of collateral, debt to income ratio and overall profitability during the underwriting process, we put the majority of the weight on a business's efficiency and potential. This provides a distinct benefit to CEOs of modest-sized companies who have gone into debt simply to realize their dreams and pay the bills necessary to sustain their companies.

With the potential for the government to experience similar budget showdowns for the foreseeable future, the need for innovative companies to pick up the slack is evident, and the pioneering work of ACBL is leading the way. 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

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