Click here to close now.

Welcome!

News Feed Item

A Weak Economic Report Highlights the Need for Small Business Loans

While the economy experienced setbacks last winter, Advantage Capital Business Loans has continued to provide essential and innovative small business lending.

LOS ANGELES, April 11, 2014 /PRNewswire/ -- With spring finally upon us, entrepreneurs and business leaders are looking forward in the hopes of economic growth through small business loans. As we enter the second quarter of 2014, economists and analysts now have a substantial amount of data available for the year to analyze – and despite favorable financial conditions, the news is not entirely positive. In fact, various reports have shown that in February, small business lending actually regressed in many ways – including the ability of easy business loans. The news is disheartening for many professionals, yet it is also a stark reminder of the efficacy of the small business-centric loan strategies offered at Advantage Capital Business Loans.

Fox News reports that in February, the Thomson Reuters/PayNet Small Business Lending Index came in at 110.5. Though the reading represents a 5% year-over-year increase, small business professionals were disheartened to learn that it is also a 5% decrease from January. The news led forecasters to predict moderate growth for the economy over the next two to five months. "Although the data indicates growth," says PayNet President William Phelan, "this rate is slower than the previous report, and it indicates that small businesses have lowered their outlook for future investment in business expansion."

PayNet says that although financial conditions remain strong for small businesses, "the pace of hiring has softened, and business stockpiling (reserves of goods and raw materials) has slowed after companies aggressively replenished shelves last year." While this has made lending increasingly difficult at large banks and traditional lenders, at ACBL, ambitious professionals can take advantage of lending that is specifically geared toward helping small businesses to flourish.

In founding their company, the principals at ACBL set out to create a lending process – or lending experience, as they call it – that provides a simple business loan with a high approval rate that favors small and medium-sized businesses. At most traditional lenders, loan applicants are graded during the underwriting process based on factors like personal credit, value of collateral, debt-to-income ratio and overall profitability. For the few loan recipients that are actually approved by traditional lenders, they'll be placed in a category for a loan that often comes with predetermined pricing and harsh terms.

At ACBL, though, loan applicants are evaluated based on their efficiency and potential, taking the managerial skill and ambition of small business professionals into account. Once approved, ACBL's innovative team provides customized loans based on each professional's financial goals.

We're about six years out since the economic collapse, yet business owners and lenders alike continue to feel uncertain about the health of the economy. Fortunately, small and medium-sized business owners can take solace knowing that even when economic news is underwhelming, they can look to Advantage Capital Business Loans to provide simple, flexible loans with a high approval rating. For a no obligation custom business loan, 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
While DevOps most critically and famously fosters collaboration, communication, and integration through cultural change, culture is more of an output than an input. In order to actively drive cultural evolution, organizations must make substantial organizational and process changes, and adopt new technologies, to encourage a DevOps culture. Moderated by Andi Mann, panelists discussed how to balance these three pillars of DevOps, where to focus attention (and resources), where organizations migh...
Containers have changed the mind of IT in DevOps. They enable developers to work with dev, test, stage and production environments identically. Containers provide the right abstraction for microservices and many cloud platforms have integrated them into deployment pipelines. DevOps and Containers together help companies to achieve their business goals faster and more effectively. In his session at DevOps Summit, Ruslan Synytsky, CEO and Co-founder of Jelastic, reviewed the current landscape of...
The enterprise market will drive IoT device adoption over the next five years. In his session at @ThingsExpo, John Greenough, an analyst at BI Intelligence, division of Business Insider, analyzed how companies will adopt IoT products and the associated cost of adopting those products. John Greenough is the lead analyst covering the Internet of Things for BI Intelligence- Business Insider’s paid research service. Numerous IoT companies have cited his analysis of the IoT. Prior to joining BI In...
"ciqada is a combined platform of hardware modules and server products that lets people take their existing devices or new devices and lets them be accessible over the Internet for their users," noted Geoff Engelstein of ciqada, a division of Mars International, in this SYS-CON.tv interview at @ThingsExpo, held June 9-11, 2015, at the Javits Center in New York City.
SYS-CON Events announced today that Secure Infrastructure & Services will exhibit at SYS-CON's 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Secure Infrastructure & Services (SIAS) is a managed services provider of cloud computing solutions for the IBM Power Systems market. The company helps mid-market firms built on IBM hardware platforms to deploy new levels of reliable and cost-effective computing and hig...
Live Webinar with 451 Research Analyst Peter Christy. Join us on Wednesday July 22, 2015, at 10 am PT / 1 pm ET In a world where users are on the Internet and the applications are in the cloud, how do you maintain your historic SLA with your users? Peter Christy, Research Director, Networks at 451 Research, will discuss this new network paradigm, one in which there is no LAN and no WAN, and discuss what users and network administrators gain and give up when migrating to the agile world of clo...
DevOps Summit, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development...
DevOps is about increasing efficiency, but nothing is more inefficient than building the same application twice. However, this is a routine occurrence with enterprise applications that need both a rich desktop web interface and strong mobile support. With recent technological advances from Isomorphic Software and others, it is now feasible to create a rich desktop and tuned mobile experience with a single codebase, without compromising performance or usability.
Containers are revolutionizing the way we deploy and maintain our infrastructures, but monitoring and troubleshooting in a containerized environment can still be painful and impractical. Understanding even basic resource usage is difficult – let alone tracking network connections or malicious activity. In his session at DevOps Summit, Gianluca Borello, Sr. Software Engineer at Sysdig, will cover the current state of the art for container monitoring and visibility, including pros / cons and liv...
SYS-CON Media announced today that CloudBees, the Jenkins Enterprise company, has launched ad campaigns on SYS-CON's DevOps Journal. CloudBees' campaigns focus on the business value of Continuous Delivery and how it has been recognized as a game changer for IT and is now a top priority for organizations, and the best ways to optimize Jenkins to ensure your continuous integration environment is optimally configured.
The 4th International Internet of @ThingsExpo, co-located with the 17th International Cloud Expo - to be held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA - announces that its Call for Papers is open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than
SYS-CON Events announced today that ProfitBricks, the provider of painless cloud infrastructure, will exhibit at SYS-CON's 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. ProfitBricks is the IaaS provider that offers a painless cloud experience for all IT users, with no learning curve. ProfitBricks boasts flexible cloud servers and networking, an integrated Data Center Designer tool for visual control over the...
"In the IoT space we are helping customers, mostly enterprises and industry verticals where time-to-value is critical, and we help them with the ability to do faster insights and actions using our platform so they can transform their business operations," explained Venkat Eswara, VP of Marketing at Vitria, in this SYS-CON.tv interview at @ThingsExpo, held June 9-11, 2015, at the Javits Center in New York City.
The most often asked question post-DevOps introduction is: “How do I get started?” There’s plenty of information on why DevOps is valid and important, but many managers still struggle with simple basics for how to initiate a DevOps program in their business. They struggle with issues related to current organizational inertia, the lack of experience on Continuous Integration/Delivery, understanding where DevOps will affect revenue and budget, etc. In their session at DevOps Summit, JP Morgenthal...
"We provide a web application framework for building really sophisticated web applications that run on a browser without any installation need so we get used for biotech, defense, and banking applications," noted Charles Kendrick, CTO and Chief Architect at Isomorphic Software, in this SYS-CON.tv interview at @DevOpsSummit (http://DevOpsSummit.SYS-CON.com), held June 9-11, 2015, at the Javits Center in New York