Welcome!

News Feed Item

Exclusive Online-Only Loans Mushroom at NationalLoans.com

NationalLoans.com releases a new breed of exclusive, online-only business loans that will cater to small and mid-sized businesses.

 

CHICAGO, Jan. 15, 2014 /PRNewswire-iReach/ -- When opportunity knocks, you open the door. The adage is just as true as it was in medieval times. Small businesses are waking up to new opportunities this morning as http://www.nationalloans.com releases a new brand of exclusive business loans that are to be offered to small and medium-sized businesses.

While business loans are no stranger to the Internet, this new brand of "cant-find-them-elsewhere" loans is sure to appeal to a wide range of entrepreneurs who have demanded more options and flexibility.

The Wall Street Journal reports that over $3 billion in small business loans were offered by about two dozen non-bank lenders in 2013 alone -- and that would be nearly double the lending activity in 2012. That is a remarkable increase within a short span of just one year.

Add to the number government entities, the Small Business Administration, and various other online and private lenders. We are talking about hundreds of billions of dollars in lending for small businesses exclusively. Further, most of these funds are from alternate lenders -- financial institutions that would not be categorized under the traditional definition of "banks".

Borrowers, too, are consuming this new-found source of finance with equal fervor and are doing their part to spur growth and employment in communities they serve.

"Nearly forty percent of businesses will be seeking out new, alternative loan options during 2014. That is exactly the marketplace we are catering to," says James Shank, CEO and founder of http://www.nationalloans.com/commercial.html. "As the market demand for small business loan increases, we have established a unique and exclusive club of lenders who are only too eager to lend to this high growth sector of the economy. As we would like to put it: exclusively online-only business loans are mushrooming at nationalloans.com," adds Shank.

Shank's company has embarked on a mission of sorts during the past few months. His team has revamped their existing portfolio of small business loan lenders to include an exclusive selection of alternate lenders that will be providing online-only loans. Given the cost synergies of the Web-based infrastructure, borrowers win just as much as lenders, primarily in way of low cost, low interest loans with flexible repayment options.

"This is exactly what our economy needs at this juncture. We need more lenders who are willing to assist small businesses. Eliminate the red tape and offer us low-cost incentives. We will sign-up. Who wouldn't need a slight boost to the cash flow, even in the best of times," explains Alan, a New York-based entrepreneur who runs a small retail outlet catering to senior citizens.

NationalLoans.com is an online network of exclusively-online lenders who focus on the small business segment. From immediate cash flow loans and working capital funds to short term personal loans, the site offers a unique portfolio of options for diverse borrowers. In order to obtain a loan, applicants need to complete a short application. Lenders contact qualified applicants directly and funds are deposited within one business day upon approval.

Media Contact: James Shank, National Loans Inc, (512) 571-3828, [email protected]

News distributed by PR Newswire iReach: https://ireach.prnewswire.com

SOURCE National Loans Inc.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Coca-Cola’s Google powered digital signage system lays the groundwork for a more valuable connection between Coke and its customers. Digital signs pair software with high-resolution displays so that a message can be changed instantly based on what the operator wants to communicate or sell. In their Day 3 Keynote at 21st Cloud Expo, Greg Chambers, Global Group Director, Digital Innovation, Coca-Cola, and Vidya Nagarajan, a Senior Product Manager at Google, discussed how from store operations and ...
In his session at 21st Cloud Expo, Carl J. Levine, Senior Technical Evangelist for NS1, will objectively discuss how DNS is used to solve Digital Transformation challenges in large SaaS applications, CDNs, AdTech platforms, and other demanding use cases. Carl J. Levine is the Senior Technical Evangelist for NS1. A veteran of the Internet Infrastructure space, he has over a decade of experience with startups, networking protocols and Internet infrastructure, combined with the unique ability to it...
"Codigm is based on the cloud and we are here to explore marketing opportunities in America. Our mission is to make an ecosystem of the SW environment that anyone can understand, learn, teach, and develop the SW on the cloud," explained Sung Tae Ryu, CEO of Codigm, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"We're developing a software that is based on the cloud environment and we are providing those services to corporations and the general public," explained Seungmin Kim, CEO/CTO of SM Systems Inc., in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"We're focused on how to get some of the attributes that you would expect from an Amazon, Azure, Google, and doing that on-prem. We believe today that you can actually get those types of things done with certain architectures available in the market today," explained Steve Conner, VP of Sales at Cloudistics, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Enterprises are moving to the cloud faster than most of us in security expected. CIOs are going from 0 to 100 in cloud adoption and leaving security teams in the dust. Once cloud is part of an enterprise stack, it’s unclear who has responsibility for the protection of applications, services, and data. When cloud breaches occur, whether active compromise or a publicly accessible database, the blame must fall on both service providers and users. In his session at 21st Cloud Expo, Ben Johnson, C...
SYS-CON Events announced today that Telecom Reseller has been named “Media Sponsor” of SYS-CON's 22nd International Cloud Expo, which will take place on June 5-7, 2018, at the Javits Center in New York, NY. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
WebRTC is great technology to build your own communication tools. It will be even more exciting experience it with advanced devices, such as a 360 Camera, 360 microphone, and a depth sensor camera. In his session at @ThingsExpo, Masashi Ganeko, a manager at INFOCOM Corporation, introduced two experimental projects from his team and what they learned from them. "Shotoku Tamago" uses the robot audition software HARK to track speakers in 360 video of a remote party. "Virtual Teleport" uses a multip...
"CA has been doing a lot of things in the area of DevOps. Now we have a complete set of tool sets in order to enable customers to go all the way from planning to development to testing down to release into the operations," explained Aruna Ravichandran, Vice President of Global Marketing and Strategy at CA Technologies, in this SYS-CON.tv interview at DevOps Summit at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Gemini is Yahoo’s native and search advertising platform. To ensure the quality of a complex distributed system that spans multiple products and components and across various desktop websites and mobile app and web experiences – both Yahoo owned and operated and third-party syndication (supply), with complex interaction with more than a billion users and numerous advertisers globally (demand) – it becomes imperative to automate a set of end-to-end tests 24x7 to detect bugs and regression. In th...
"The reason Tier 1 companies are coming to us is we're able to narrow the gap where custom applications need to be built. They provide a lot of services, like IBM has Watson, and they provide a lot of hardware but how do you bring it all together? Bringing it all together they have to build custom applications and that's the niche that we are able to help them with," explained Peter Jung, Product Leader at Pulzze Systems Inc., in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2,...
While some developers care passionately about how data centers and clouds are architected, for most, it is only the end result that matters. To the majority of companies, technology exists to solve a business problem, and only delivers value when it is solving that problem. 2017 brings the mainstream adoption of containers for production workloads. In his session at 21st Cloud Expo, Ben McCormack, VP of Operations at Evernote, discussed how data centers of the future will be managed, how the p...
"Cloud Academy is an enterprise training platform for the cloud, specifically public clouds. We offer guided learning experiences on AWS, Azure, Google Cloud and all the surrounding methodologies and technologies that you need to know and your teams need to know in order to leverage the full benefits of the cloud," explained Alex Brower, VP of Marketing at Cloud Academy, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clar...
"There's plenty of bandwidth out there but it's never in the right place. So what Cedexis does is uses data to work out the best pathways to get data from the origin to the person who wants to get it," explained Simon Jones, Evangelist and Head of Marketing at Cedexis, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Data scientists must access high-performance computing resources across a wide-area network. To achieve cloud-based HPC visualization, researchers must transfer datasets and visualization results efficiently. HPC clusters now compute GPU-accelerated visualization in the cloud cluster. To efficiently display results remotely, a high-performance, low-latency protocol transfers the display from the cluster to a remote desktop. Further, tools to easily mount remote datasets and efficiently transfer...