LOS ANGELES, Aug. 20, 2014 /PRNewswire/ -- For the past several years, the story has essentially remained the same: Big banks have cut back on their small businesses lending. After so long, it shouldn't be surprising that the message to small business professionals is beginning to sink in. Earlier this month, Forbes reported on a recent survey from the financial information company, Sageworks. The study found that 3 out of 4 owners of small businesses less than 10 years-old said they have never applied for a loan for their companies. While it's certainly understandable that these small business owners are choosing to reject the traditional lending model, it's also unfortunate that they're risking their own resources when innovative lenders like Advantage Capital Business Loans are offering truly effective finance options. Here are 3 important ways ACBL is sidestepping the expectations by offering easy business loans for many small business leaders:
- Customized Loans – About 59% of the small business owners who were surveyed responded that they had risked their own personal savings to start their companies – meaning that any financial issue they face could lead to truly devastating personal results. The fact that so many business leaders choose to risk their own hard-earned savings is particularly unfortunate because innovative lenders like Advantage Capital Business Loans are creating customized finance options that are simple, quick, and easy to get approved.
- A High Approval Rate – 60% of the Sageworks survey respondents said they didn't want to take on debt, while 25% of business owners said they didn't think they'd get approved. This view is entirely understandable. After all, at most traditional lenders and big banks, the lending process is notoriously complex and drawn out, and for small businesses, the likelihood of approval is notably low. However, at lenders like ACBL, loans are specifically designed to ensure a high approval rate for small business professionals.
- Quick Financing – A number of survey respondents said they had avoided receiving loans because they believed the loan process was too time-consuming. At ACBL, though, professionals can apply for a quote within seconds by using their simple quote form. Further still, it's the first step of a lending experience that's often only 2 to 5 business days from application to approval.
If you're a small business professional who is disillusioned with the harsh, intractable terms found at many big banks, you don't need to go it alone. Pioneering finance professionals like the team at ACBL are dedicated to providing customized loans that help small business professionals to meet their financial goals while remaining in control of their own financial future. You can find a free quote on a no obligation custom business loan from Advantage Capital Business Loans at (877) 379-0202, or click here to visit ACBL online.
PR submitted by www.Cyberset.com
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