|By PR Newswire||
|January 15, 2014 06:15 AM EST||
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.
SYS-CON Events announced today that Pythian, a global IT services company specializing in helping companies leverage disruptive technologies to optimize revenue-generating systems, has been named “Bronze Sponsor” of SYS-CON's 17th Cloud Expo, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Founded in 1997, Pythian is a global IT services company that helps companies compete by adopting disruptive technologies such as cloud, Big Data, advance...
Sep. 2, 2015 06:45 AM EDT Reads: 335
Mobile, social, Big Data, and cloud have fundamentally changed the way we live. “Anytime, anywhere” access to data and information is no longer a luxury; it’s a requirement, in both our personal and professional lives. For IT organizations, this means pressure has never been greater to deliver meaningful services to the business and customers.
Sep. 2, 2015 06:00 AM EDT Reads: 805
Red Hat is investing in Tesora, the number one contributor to OpenStack Trove Database as a Service (DBaaS) also ranked among the top 20 companies contributing to OpenStack overall. Tesora, the company bringing OpenStack Trove Database as a Service (DBaaS) to the enterprise, has announced that Red Hat and others have invested in the company as a part of Tesora's latest funding round. The funding agreement expands on the ongoing collaboration between Tesora and Red Hat, which dates back to Febr...
Sep. 2, 2015 05:45 AM EDT Reads: 402
Puppet Labs has announced the next major update to its flagship product: Puppet Enterprise 2015.2. This release includes new features providing DevOps teams with clarity, simplicity and additional management capabilities, including an all-new user interface, an interactive graph for visualizing infrastructure code, a new unified agent and broader infrastructure support.
Sep. 2, 2015 05:15 AM EDT Reads: 548
WebRTC has had a real tough three or four years, and so have those working with it. Only a few short years ago, the development world were excited about WebRTC and proclaiming how awesome it was. You might have played with the technology a couple of years ago, only to find the extra infrastructure requirements were painful to implement and poorly documented. This probably left a bitter taste in your mouth, especially when things went wrong.
Sep. 2, 2015 04:00 AM EDT Reads: 482
Akana has announced the availability of the new Akana Healthcare Solution. The API-driven solution helps healthcare organizations accelerate their transition to being secure, digitally interoperable businesses. It leverages the Health Level Seven International Fast Healthcare Interoperability Resources (HL7 FHIR) standard to enable broader business use of medical data. Akana developed the Healthcare Solution in response to healthcare businesses that want to increase electronic, multi-device acce...
Sep. 2, 2015 04:00 AM EDT Reads: 246
Any Ops team trying to support a company in today’s cloud-connected world knows that a new way of thinking is required – one just as dramatic than the shift from Ops to DevOps. The diversity of modern operations requires teams to focus their impact on breadth vs. depth. In his session at DevOps Summit, Adam Serediuk, Director of Operations at xMatters, Inc., will discuss the strategic requirements of evolving from Ops to DevOps, and why modern Operations has begun leveraging the “NoOps” approa...
Sep. 2, 2015 03:45 AM EDT Reads: 426
SYS-CON Events announced today that the "Second Containers & Microservices Expo" will take place November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Containers and microservices have become topics of intense interest throughout the cloud developer and enterprise IT communities.
Sep. 2, 2015 03:30 AM EDT Reads: 608
SYS-CON Events announced today that G2G3 will exhibit at SYS-CON's @DevOpsSummit Silicon Valley, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Based on a collective appreciation for user experience, design, and technology, G2G3 is uniquely qualified and motivated to redefine how organizations and people engage in an increasingly digital world.
Sep. 2, 2015 03:00 AM EDT Reads: 522
SYS-CON Events announced today that DataClear Inc. will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. The DataClear ‘BlackBox’ is the only solution that moves your PC, browsing and data out of the United States and away from prying (and spying) eyes. Its solution automatically builds you a clean, on-demand, virus free, new virtual cloud based PC outside of the United States, and wipes it clean...
Sep. 2, 2015 02:30 AM EDT Reads: 452
Through WebRTC, audio and video communications are being embedded more easily than ever into applications, helping carriers, enterprises and independent software vendors deliver greater functionality to their end users. With today’s business world increasingly focused on outcomes, users’ growing calls for ease of use, and businesses craving smarter, tighter integration, what’s the next step in delivering a richer, more immersive experience? That richer, more fully integrated experience comes ab...
Sep. 2, 2015 02:00 AM EDT Reads: 698
In their Live Hack” presentation at 17th Cloud Expo, Stephen Coty and Paul Fletcher, Chief Security Evangelists at Alert Logic, will provide the audience with a chance to see a live demonstration of the common tools cyber attackers use to attack cloud and traditional IT systems. This “Live Hack” uses open source attack tools that are free and available for download by anybody. Attendees will learn where to find and how to operate these tools for the purpose of testing their own IT infrastructu...
Sep. 2, 2015 01:45 AM EDT Reads: 484
Too often with compelling new technologies market participants become overly enamored with that attractiveness of the technology and neglect underlying business drivers. This tendency, what some call the “newest shiny object syndrome,” is understandable given that virtually all of us are heavily engaged in technology. But it is also mistaken. Without concrete business cases driving its deployment, IoT, like many other technologies before it, will fade into obscurity.
Sep. 1, 2015 11:45 PM EDT Reads: 400
It’s been proven time and time again that in tech, diversity drives greater innovation, better team productivity and greater profits and market share. So what can we do in our DevOps teams to embrace diversity and help transform the culture of development and operations into a true “DevOps” team? In her session at DevOps Summit, Stefana Muller, Director, Product Management – Continuous Delivery at CA Technologies, answered that question citing examples, showing how to create opportunities for ...
Sep. 1, 2015 11:00 PM EDT Reads: 512
IBM’s Blue Box Cloud, powered by OpenStack, is now available in any of IBM’s globally integrated cloud data centers running SoftLayer infrastructure. Less than 90 days after its acquisition of Blue Box, IBM has integrated its Blue Box Cloud Dedicated private-cloud-as-a-service into its broader portfolio of OpenStack® based solutions. The announcement, made today at the OpenStack Silicon Valley event, further highlights IBM’s continued support to deliver OpenStack solutions across all cloud depl...
Sep. 1, 2015 07:00 PM EDT Reads: 277