Expand and Advance With an EZ Business Advance
Posted by admin in Merchant Cash Advance News, Unsecured Small Business Loans LinksRecent 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.




