Welcome!

News Feed Item

An Extension to Federal Lending Underscores the Value of ACBL Loans

Though the Federal TALF program will continue to help small businesses through the first quarter of 2014, it is no match for the lending offered at Advantage Capital Business Loans.

LOS ANGELES, Feb. 10, 2014 /PRNewswire/ -- The Federal Reserve recently announced plans to extend their Term Asset-Backed Securities Loan Facility (TALF) program through March 31st for most types of loans it makes. While this is good news for many entrepreneurs, the savviest small business CEOs are aware that the innovative lending pioneered by Advantage Capital Business Loans remains the best bet for long-term success and financial freedom. By creating a drastically different underwriting model that that of traditional lenders, ACBL has garnered acclaim for providing small business loans that are quick, simple and easy to get approved. In a ferociously competitive marketplace in which easy business loans are increasingly hard to come by, the invaluable lending at ACBL will be around long after TALF is ended.

USA Today reports that the TALF program, which is intended to spur lending to consumers and small business owners at lower rates without expanding the types of loans made, was scheduled to end with 2013. However, as consumer confidence begins to wane, the Fed has been under increasing pressure from industry and lawmakers to enact measures that would spike lending, particularly to those in commercial real estate, a sector that was hit particularly hard by the deep US recession.

Under TALF, investors and banks use federal money to buy securities backed by auto and student loans, credit cards, business equipment and loans guaranteed by the Small Business Administration. By continuing the program, the Fed is sending the message that, despite recent improvements in economic conditions, markets are still under significant strain – and they are likely to remain so for the foreseeable future. While the continuation of the program is certainly good news for struggling small business professionals, federal aid certainly can't continue forever, and ultimately, the positive effects it offers will be limited. Yet, long after TALF ends, the effective lending offered at ACBL will continue to serve professionals with fair, manageable and customized loans.

Not only does the team at ACBL bring to their loan recipients an extensive understanding of financial lending, but their principals hail from a small business background in their own right. That's why it should come as no surprise that they understand firsthand the importance of a flourishing small business marketplace toward ensuring an overall robust economy.

Upon the inception of ACBL, the celebrated financial firm's founders set out to create a business lending model that would be the antithesis of the traditional business loan. In other words, their customized lending experience creates a loan with a high approval rate that favors small and medium size businesses – a stark contrast to lending at big banks and traditional lenders that notoriously favors large, multinational corporations at the expense of ambition and innovative small business professionals. Thanks to the truly one-of-a-kind, small business-centric loans offered by ACBL, the future of small business professionals can remain bright without depending on uncertain federal aid. If you're a small business professional looking to sustainably grow your company, contact Advantage Capital Business Loans for a free quote at (877) 379-0202, or online at AdvantageCapitalBusinessLoans.com.

PR submitted by www.Cyberset.com

SOURCE Advantage Capital Business Loans

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
FinTechs use the cloud to operate at the speed and scale of digital financial activity, but are often hindered by the complexity of managing security and compliance in the cloud. In his session at 20th Cloud Expo, Sesh Murthy, co-founder and CTO of Cloud Raxak, showed how proactive and automated cloud security enables FinTechs to leverage the cloud to achieve their business goals. Through business-driven cloud security, FinTechs can speed time-to-market, diminish risk and costs, maintain continu...
When shopping for a new data processing platform for IoT solutions, many development teams want to be able to test-drive options before making a choice. Yet when evaluating an IoT solution, it’s simply not feasible to do so at scale with physical devices. Building a sensor simulator is the next best choice; however, generating a realistic simulation at very high TPS with ease of configurability is a formidable challenge. When dealing with multiple application or transport protocols, you would be...
Existing Big Data solutions are mainly focused on the discovery and analysis of data. The solutions are scalable and highly available but tedious when swapping in and swapping out occurs in disarray and thrashing takes place. The resolution for thrashing through machine learning algorithms and support nomenclature is through simple techniques. Organizations that have been collecting large customer data are increasingly seeing the need to use the data for swapping in and out and thrashing occurs ...
As many know, the first generation of Cloud Management Platform (CMP) solutions were designed for managing virtual infrastructure (IaaS) and traditional applications. But that’s no longer enough to satisfy evolving and complex business requirements. In his session at 21st Cloud Expo, Scott Davis, Embotics CTO, will explore how next-generation CMPs ensure organizations can manage cloud-native and microservice-based application architectures, while also facilitating agile DevOps methodology. He wi...
SYS-CON Events announced today that Datera, that offers a radically new data management architecture, has been named "Exhibitor" of SYS-CON's 21st International Cloud Expo ®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Datera is transforming the traditional datacenter model through modern cloud simplicity. The technology industry is at another major inflection point. The rise of mobile, the Internet of Things, data storage and Big...
When you focus on a journey from up-close, you look at your own technical and cultural history and how you changed it for the benefit of the customer. This was our starting point: too many integration issues, 13 SWP days and very long cycles. It was evident that in this fast-paced industry we could no longer afford this reality. We needed something that would take us beyond reducing the development lifecycles, CI and Agile methodologies. We made a fundamental difference, even changed our culture...
SYS-CON Events announced today that GrapeUp, the leading provider of rapid product development at the speed of business, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Grape Up is a software company, specialized in cloud native application development and professional services related to Cloud Foundry PaaS. With five expert teams that operate in various sectors of the market acr...
In the enterprise today, connected IoT devices are everywhere – both inside and outside corporate environments. The need to identify, manage, control and secure a quickly growing web of connections and outside devices is making the already challenging task of security even more important, and onerous. In his session at @ThingsExpo, Rich Boyer, CISO and Chief Architect for Security at NTT i3, discussed new ways of thinking and the approaches needed to address the emerging challenges of security i...
Blockchain is a shared, secure record of exchange that establishes trust, accountability and transparency across business networks. Supported by the Linux Foundation's open source, open-standards based Hyperledger Project, Blockchain has the potential to improve regulatory compliance, reduce cost as well as advance trade. Are you curious about how Blockchain is built for business? In her session at 21st Cloud Expo, René Bostic, Technical VP of the IBM Cloud Unit in North America, will discuss th...
SYS-CON Events announced today that CA Technologies has been named "Platinum Sponsor" of SYS-CON's 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business - from apparel to energy - is being rewritten by software. From planning to development to management to security, CA creates software that fuels transformation for companies in the applic...
In his opening keynote at 20th Cloud Expo, Michael Maximilien, Research Scientist, Architect, and Engineer at IBM, discussed the full potential of the cloud and social data requires artificial intelligence. By mixing Cloud Foundry and the rich set of Watson services, IBM's Bluemix is the best cloud operating system for enterprises today, providing rapid development and deployment of applications that can take advantage of the rich catalog of Watson services to help drive insights from the vast t...
Docker containers have brought great opportunities to shorten the deployment process through continuous integration and the delivery of applications and microservices. This applies equally to enterprise data centers as well as the cloud. In his session at 20th Cloud Expo, Jari Kolehmainen, founder and CTO of Kontena, discussed solutions and benefits of a deeply integrated deployment pipeline using technologies such as container management platforms, Docker containers, and the drone.io Cl tool. H...
There is only one world-class Cloud event on earth, and that is Cloud Expo – which returns to Silicon Valley for the 21st Cloud Expo at the Santa Clara Convention Center, October 31 - November 2, 2017. Every Global 2000 enterprise in the world is now integrating cloud computing in some form into its IT development and operations. Midsize and small businesses are also migrating to the cloud in increasing numbers. Companies are each developing their unique mix of cloud technologies and service...
Cloud adoption is often driven by a desire to increase efficiency, boost agility and save money. All too often, however, the reality involves unpredictable cost spikes and lack of oversight due to resource limitations. In his session at 20th Cloud Expo, Joe Kinsella, CTO and Founder of CloudHealth Technologies, tackled the question: “How do you build a fully optimized cloud?” He will examine: Why TCO is critical to achieving cloud success – and why attendees should be thinking holistically ab...
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, will introduce 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...