Banks can deter a small business owner from letting a business grow because of delayed small business loans.
In Norfolk, Virginia, getting a small business loan secured from a bank may be difficult. A business owner in Norfolk can find that getting an unsecured small business loan from EZ Business Loans will be a better alternative over the difficulties from traditional banks; they offer business owners loans as cash advances. They will approve a loan based on an estimation of future credit sales. This simple solution is difficult to pass up because typical banks will make a potential borrower of meet many requirements. Even if all the paperwork is done, banks can still disapprove funding for business owners in Norfolk.
Banks need to have strong control over business loan applicants in order to prevent the defaulting of advanced funds. So, banks make their application process long and time consuming. Applicants need only to call 877-346-7770 and speak to a professional loan representative to start the application process.
Business owners yearning for advanced working capital will only have to show a bank statement, proof of 6 months of business, and $2,500 worth of credit card sales. When these few conditions are met, the small business owner will already be on their way to getting approved for funding within 2 days. Banks, however, can take up to three months in releasing funds, which can hurt small businesses. A drowning business could fold in that time. Renewal funds of small business loans are offered at EZ Business Loans and only take 24 hours. A typical advance is offered from $5,000-$650,000 per business owner per business location. EZ Business Loans releases unsecured business loans as a merchant cash advances. A small business owner can quickly get working capital and use it in any area that needs funding. They are not required to provide a detailed business plan for approval and do not need payments to be made right after disbursal of funds. Each owner will receive a personalized business cash advance plan, and will pay back their loan a little each month through their credit card processor. Only a small percentage of all future credit and debit card sales made will go back towards paying the loan. If the owner does not make any credit card sales in any given month then they are not required to make a payment. It couldnt be any simpler.
A small unsecured business cash advance from EZ Business Loans will take a load of stress out of a business owners life and help propel his or her own business further into success.
Even if the business owner does not need a boost in cash flow for their business they can still use the money from an unsecured cash advance for any area of their personal life. There are no requirements stipulating that money given from an EZ Business Loan loan must be used for business purposes. So, owners can expand on their homes, buy a home, go on vacation or start a savings for early retirement. The possibilities are endless.
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!