According to the National Bureau of Economic Research our current recession began December of 2007. Since then the American People have been frantically trying to keep their finances in check. As business owners thin their herd, employees  frantically look for new work and others are digging deep for the newest and greatest business idea.

Additionally, the news is just saturated with information concerning our current recession. The news also does a terrible job of remaining positive. I urge you to take a brief gander at some of the latest business and economic news from the worlds most read sources, such as, CNN, New York Times, Los Angeles Times, and The Wall Street Journal. I could guarantee that the current news can be quite uninspiring for the financially driven.

However, I feel that in such times, people mustn’t dwell too much in the media coverage on our current situation. This is much like obsessively picking your scabs months after your fall. Mind you, this fall was 3 years ago. True, we are still feeling effects, however, one can gather that focusing on the negative aspects is not doing much to help at all. There are also some positive aspects of our current economic climate. For instance, the American businessmen are forced to put their noggins together and focus on products that society truly values. Consumers are not as likely to spend as frivolously as they did in the past, so developers, designers, and inventors alike, are now practicing the most Darwinian methods of producing goods that are likely to sell. That itself, is what made America, AMERICA and ultimately created the “American Dream”. Why you ask? Because of such tough times, Americans get tougher. This is a nation that brought you the Loco-motive, the car, the computer, and not to mention such great art such as the world renown music of Jazz. Without tough times, Americans would not be so forced to squeeze the most out of themselves. Inventors would have not tried so hard, nor have been forced to think outside the box to improve efficiency or create something of intense convenience. Artists as well would have not felt so emotional, if then, their art might have been nothing short of bland.

We may cry, we may get angry, but let us not forget that it is times like these, that brought this land from nothing to the UNITED STATES OF AMERICA.

If I also may urge you, if you have a great idea that shines in these dark times, but yet do not have the capital to follow through, please give EZ Business Loans a call, and let their representatives do their absolute best to get you the Business loan you need to put you in the financial position you deserve.

Sincerely,

EZBusinessLoans.com

Recently came across this interesting article about Billionaire Clayton Mathile, whom, invested 130 million dollars to create Aileron, a “non-profit organization created to strengthen communities by helping business owners lead and manage their companies, driving growth, innovation and jobs.” Aileron has a gorgeous campus, which was designed by Lee H. Skolnick, whom is a well established architect. The aim of such modern and tranquil design is Clayton’s means to provide a peaceful yet focused environment. The school offers many programs that focus mainly on business management and business strategy. The student body is mainly blue-collar small business owners. Notable clients include Gary Heinze, of Northwood Consulting Partners, Dan Detmer of Nelson Comfort, and Rob Moyer, who claims, that he took his family business from 3.5 million to 100 million since his stay with Aileron.

All in all, it is a breathe of fresh air to hear about Billionaires like Clayton Mathile giving a helping hand to many small business owners. I think we can all agree its worth checking out. Aileron is located in Dayton, Ohio.

Also make sure to stay tuned for EZ Business Loans’ News for the news Small Business owners care about.

Good news for the Merchant Cash Advance Industry. Although, EZ business loans focuses on credit card based business loans, these loan types are still a subtype of an asset-based loan. However, there is excellent news, “Asset-based lending, once considered a last-resort finance option, has become a popular choice for companies that don’t have the credit ratings,” says Tom Pittman of Wall Street Journal, Small Business, Finance.

The sudden increase of asset based lending swelled by 8.3% to 600 Billion in 2008 alone, percentages in 2010, however are still processing, but none-the-less are in the double digits. The increase of asset-based lending is due to the fact that asset-based lenders focus on collateral, or future sales in this case, rather than the credit-worthiness other banks focus on. In other words, EZ Business loans and similar lenders are taking the risk on businesses that traditional lenders wont.

These programs are no longer a “plan b” in this economic climate. Michael Sharkey, president of Cole Taylor Business Capital, states, “We should really be viewed as the fireman of this crisis, because we took risks that a lot of companies wont take”.

Conclusively, industry growth rates are steadily increasing, and because of the recession, most suspect that this will remain. More on this story as it unravels. In the mean time, count on EZ business loans for your lending needs.

Check out the original article :

Since the recent earth shifts in Haiti, Chile, Taiwan and Indonesia many government officials and President Obama, are shifting their attention to relief-efforts for these devastated countries. What better reason to stop and think about the value and fragility of life. However, because of the recent attention on other countries, efforts to ease our economic disaster have been temporarily been put on the back burner. With $379 Million  in U.S. Taxpayer dollars spent on Haiti alone, the U.S. economy is maintaining its recession. In other related news, the 9.6% unemployment rate of February continued its consistency all through the beginning of this month.

Despite these humanitarian efforts, small business owners maybe getting the bad end of it. With the governments focus elsewhere, the hiking taxes, budget cuts and lay offs, the small business owner may feel as if his economic crisis to save his business and possibly family, may not be a priority on the U.S. government’s agenda. Despite disaster of both economic and geographic proportion, business owners still have the choice of choosing EZ business loans to maintain their businesses. In essence, although the disaster apart from the U.S. the business owners and citizens themselves must see to it that they are getting the funding they need to thrive when the government officials remain complacent from the more serious world issues.

The credit card act of 2009 had some unforeseen consequences since its institution February 22, 2010. Although, the act focuses only on protecting personal credit card users from arbitrary interest increases, over the limit fees, hidden charges and hidden term changes, the act had inadvertently effected the ” hike in [business card interest] rates and fees to compensate for the revenue they will lose on consumer cards as a result of the [credit card act of 2009]“, Says Emily Maltby of the Wall Street Journal, Small Business.

Another unforeseen consequence is that business owners may have a tendency to take advantage of using a personal credit card to maintain or expand their businesses. The problem “is that business owners who rely on consumer cards could wind up damaging their personal credit scores” says, Gerri Detwieler, a personal finance advisor for credit.com. The general rule of thumb for business owners, is to maintain a distinction between their personal and business credit. However, because of economic factors, many business owners may not exercise this rule.

On the other end, the act was also an attempt to increase consumer spending to pull out of the economic recession. In the next few months ahead, many can assume an increase in consumer spending.

Businesses familiar with the EZ business loans credit card based cash advance may find yet another opportunity to use an EZ business loan. With business credit card rates hiking, and consumer credit card use increasing, business owners can use a business cash advance in place of a business card or a personal card. Especially since the loaned is payed through a credit card processor, merchants can expect to pay off their loans quickly because of consumer card use increase.

Sources

Maltby, Emily. “Entrepreneurs Weight Credit Card Options”

Wsj. 11 February 2010 Web. 3 March 2010

Recent news from WSJ Small Business announced ” As host of businesses close their doors, vacancy rates are soaring and rents are plummeting. So, small companies that are still on their feet-and looking to expand- suddenly have lots of leverage with landlords.”

Where some see a crisis, EZ business sees an opportunity for small businesses.

Due to the economic crisis, [rent went] down  36% in October from a year earlier and were 44% below peak in October 2007 states Moody’s investors Service Inc.  Additionally, WSJ states “vacancy rate is expected to rise as high as 19% by the end of this year”.

It may be difficult, and nerve wrecking for small business owners to see fellow small businesses get pushed out and go out of business. However, The stronger business owners are seeing the benefits and opportunities.

President of Lawline.com CLE Inc., David Schnurman, needed the extra space for his ever expanding business. While hunting last year, he located over 50 spaces with 6 different brokers. In conclusion, David found a three-year lease that equaled his $9,000 monthly payment, but instead, quadrupled the size of his workplace. David Schnurman states ” For any company thats growing, this is a time to be a bit more aggressive.”

For some business owners still hanging in, now might be the best time to take advantage of the current vacancy rate. However, some business owners might not have the capital to do so. Using a business loan in the form of a business cash advance may secure your opportunity to expand your business. It maybe useful to use the extra capital to engage a another business loan with down payment, or use the cash advance to pay in full, or perhaps, to improve and/or renovate your new space.

All in all, with the current economic climate, one maybe able to deduce some Darwinian method’s. Such as, survival of the fittest. As the weak players get pushed out, the strongest seek opportunity. Let EZ business help you thrive in the financial eco-system and expand and advance with an EZ Business Cash Advance.

An executive may see a bankruptcy as a speed bump. Although, an entrepreneurs may see it as a wall. This is because, not only are their business assets at risk but also their personal assets.

Small business owners, not yet incorporated, all across the country are being forced to file since the economic downturn. In this situation, the court doesn’t see the difference between the owner/owners and the business.  Sole Proprietorship’s, Partnerships, and even Limited Liability Companies are facing these risk because their loan agreements often use their personal assets as leverage.

Lesley Hoenig, attorney of Mount Pleasant, Michigan, States that In a sole Proprietorship, “you can’t say, I’m just filing bankruptcy for the business”. This is because there is “no” business, because its not incorporated.

In 2009 “Total Bankruptcy filings rose 36% to 711,550 in during the first half of [2009] compared with 522,205 cases filed over the same period in 2008″ according to WSJ.com

Many Similar business across the country are victims of losing their personal assets e.g. their homes and cars. This is because many entrepreneurs don’t foresee bankruptcy and are not prepared, this is likely due to the fact that most entrepreneurs try to remain optimistic and have faith in their business. Never the less, when operating a small business or a unincorporated business one must consider the risks in depth, despite the negative perspective. The cliche “Hope for the best, plan for the worst” is an effective mantra in this situation.

Many unincorporated businesses may only have one viable option before filing a bankruptcy, if the business does except credit cards, and that’s a business cash advance. A business cash advance, will not require personal assets, but only the future credit card sales. Many business owners may be able to use the funds to square away any kinds of debts they have or to thwart off other loan agreements by traditional banks. Another advantage is that the business owner may find the loan more affordable than a traditional bank loan because the payment is a fixed percentage of credit card sales, rather than a fixed payment. With a fixed payment, you may come closer to bankruptcy and that is because fixed payment plans are not considerate of earnings monthly, where as a business cash advance is.

If you are a sole proprietor, partnership, or limited liability company that foresee any future risk, it is more optimal use a business cash advance rather than rely on traditional bank loans. Why have your home, cars or any other assets at risk?  EZ Business loans offers a solution that can secure your assets and EZ Business loans can take the risks so you don’t have to.

Recently, Such brands as Saks 5th Avenue Have been slashing stock to artificially create demand. This is because last years inventory surplus was sold at 70%. Furthermore, consumer markets were hit so hard, that they had to strategically sell fewer items or extremely limited items.  For instance, If they only sold a few products this season, you would then, have to buy them now because future seasons will not have the surplus. Thus artificially creating demand. However Smaller businesses may never see this strategy take place. Would you restaurant have to sell limited food to get customers now? Highly unlikely. Unless your a niche market, small businesses will have to continue to operate with keeping a steady inventory. However, with the economy in its current position in the U.S. getting the capital may be difficult to maintain a sufficient surplus. Using a Business Loan in the form of a business cash advance maybe the greater, or only choice.

Most traditional loan products out there are so complicated. They require so much paperwork and effect your credit score. EZ Business loans is just that. An “Easy Business Loan”. With minimal paperwork and a high approval rate EZ Business Loans makes it easy.

Additionally, payback is easy. In fact, since payback is done through credit card sales alone. There is no mail required. No more stamps, envelopes, or running to the post office. All that you need to do is focus on running your business and before you know it your loan is paid off.

Lets face it, running a business is not easy, so why should getting a loan be complicated?  Let EZ Business Loans release your financial burdens and take it EZ.

Because a business loan in the form of a business cash advance is the fastest way possible to get capital for your business. From the start and all the way to the finish. The process of getting funding is only 48 hours.  That is a small portion of the time it takes to get any kind of funding especially in an economic climate where people cannot get funding at all, excellent credit or not.

Also, NO Collateral, most lenders require that you use or offer some of your own personal assets as a form of collateral. Business Loans from EZ Business Loans do not require any kind of collateral. If by chance your business falls  and you cannot pay the loan, your home or other personal assets are not at risk.

When choosing a loan that fits your business needs, it is no argument that choosing EZ Business loans is the safest and fastest way.