Unfair Bank Denials of Loans Leads to New Assistance Lending Program with 98% Approval and No Credit Check, Reports Merchant Cash In Advance
Unfair Bank Denials of Loans Leads to New Assistance Lending Program with 98% Approval and No Credit Check, Reports Merchant Cash In Advance
Costa Mesa, CA (PRWEB) August 06, 2011
New Small Business Assistance Lending Program by Merchant Cash in Advance offers business denied business loans a new lifeline. Businesses are now able to receive future sales cash in advance with no collateral and no credit check. This program has seen an overwhelming response since its launch, with over 8,000 small businesses receiving funding in July alone.
Strict traditional business lending policies are leading to unfair denials of loans to valid businesses, reports Merchant Cash in Advance. Their new merchant loan program approves almost 100% of businesses denied traditional bank loans. With no credit check, no collateral, and approval in 24 hours the No Interest Business Loan program has exploded onto the financing industry.
“The slow economy has led to many banks to put overly strong criteria on their lending requirements, and its unfairly affecting regular businesses. We believe the value of a companies current business and existing customer base should count for something. We are now able to offering cash in Cash Advance Services that were unable to receive any sort of financing before.” Said Mike Butler VP of Merchant Cash in Advance.
With payback periods as long as 18 months, this new program provides much needed cash without damaging future cash flow or business. Merchant Cash in Advance has reached a global audience using the help of highly trained specialists working full time 24 hours 7 days a week, and is now positioned to expand with their new product, Quick Approval Merchant Advance Loan. These totally unsecured merchant loans are an attractive option to thousands of businesses.
Resources: Small Business
Assistance Inquiries: 877-875-0231
Merchant Cash Advance Blog
Rebecca Randalls
Senior Editorial Columnist
USATalkToday
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