Perks of EZ Business Loans over Bank’s Secured Business Loans

If you’re looking to get approved for forwarded funding, then you should contact EZ Business Loans. They offer a simpler route for small business owners in New York who need a boost in cash flow.

After the market crash in 2008, business owners have had a difficult time getting a business loan from the bank. If you already applied for a loan, and have been declined, you might actually be able to receive up to $650,000 in working capital. EZ Business Loans provides unsecured business loans as a business cash advance for small business owners. They allow you to get approved for a business advance and disburse the funds within 48 hours. Banks will only approve 2% of loans and require a long list of conditions that need to be met, which can take weeks. Banks typically give an initial approval of loan applications within 48-72 hours, but require the borrower to meet a long list of conditions to receive final approval for small business funding. Once the consumer agrees to meet the long list of conditions, banks can still deny the advanced funding.

Most banks in New York offer small business loans; however, getting approval for advanced working capital is a very difficult process. Business loan applicants need to follow a long application process and a two month wait for disbursal only if the application is approved. Many banks require business owners to provide his or her credit history, proof of 2 years of business, provide collateral, and adhere to immediate fixed payments if they apply for merchant funding through the bank. The process that the bank follows ensures banks of business owners not defaulting on any payment; however, this very process to ensure security makes approval extremely difficult and even if the loans are approved, getting the funds in New York could take up to 60 days.

EZ Business Loans requires New York business owners to provide his or her credit card sales in the last four months and a personal bank statement after a five minute conversation with a representative. They approve the business cash advance after reviewing the estimated future earnings of the borrower. Once the loan is approved, one perk is that business owners can utilize their advanced capital outside of the business. They will not inquire about how the funding is being used. EZ Business Loans’ borrowers of small business cash advances can use their unsecured capital for anything. Loans disbursed by banks will require the business loan to be used strictly for business.

If you have been declined for merchant funding in New York, or if you’re a business owner looking for a simpler solution regarding a cash flow injection, then visit: www.ezbusinessloans.com and get the funding you need. After a quick and painless application process potential borrowers will receive a free quote with no obligation. No obligation quote and no collateral required? What have you got to lose?

Use the Funds for the Following:

Merchant cash advance can also be used for equipment, remodeling, expansion or any of your business needs. No proof of how the funds are spent required!

56 Million Dollars Funded in 2011 and Counting!