Small Business Cash Advance Loans | Business Advance Lenders

Rejected a Business Loan? We Can Help

Getting declined a business loan is not a very rare occurrence. If you’ve applied for an SBA or a bank loan for your business, statistics state your chances for loan approval. Depending upon the location and industry of your business – are likely to vary from 20% to 70%. This means, there are 30% to 80% chances that a business loan application fails to materialize.

Loan rejection may translate to a missed opportunity for some businesses, for others, it may lead to financial shortcomings. Even major financial trouble, including even a significant hit on the credit performance, and further loan rejections. But, depending upon the eligibility of your business, there may be a way in which your business can still get a loan, despite having faced loan rejections. (more…)

Expansion Loans for Businesses

Small and medium businesses like online loans because they’re for smaller amounts. Traditional lenders might not help to grow businesses, but medium-sized ones can use online loans for expansion. Businesses go for online loans to handle tough times or to grow.

The good thing about online business loan lenders is the fact that they do not ask for a reason why one would like to apply for a loan. As long as a business owner does apply for a loan, and meets the basic eligibility terms that an online lender puts forward, there will be no reason why funding will not be granted.
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Micro Business Loan vs Small Personal Loan for Business Use

Businesses experience unpredictable situations every so often. Recent times, if anything, have only been a true testament to this reality. Some situations call for an urgent need of funds, and some requirements are too little for a full-fledged financing plan in the form of a traditional or an alternative business loan. In such situations, many business owners face the dilemma of choosing between a micro business loan and a small personal loan. To fulfill the financial requirements of their business.

Micro business loans and small personal loans provide quick funds, but their effectiveness depends on the situation. Micro-business loans are usually better due to their larger scale, but decision-makers need to understand the differences. Not all situations are the same, so knowing these variances helps in making informed choices. (more…)

Small Business Loans for Start-Ups in 2021-22

2020 had seen a massive hit to the economies of every country across the globe, due to the pandemic caused by the novel coronavirus. This lead to a lot of business delays for already existing companies, as well as new ones. A number of businesses that were all set to open up and commence operations in 2020, has a prolonged delay for about a year and a half before they could go all out.

2021-22 is the start of a new era, since due to the hard work of a number of scientists, doctors and other professionals, we finally managed to produce a vaccine to defeat the coronavirus. That being said, businesses are up and running again and the ones that had to wait for the many months when covid-19 was rampant, have finally been able to start and set up shop. (more…)

Can a Business Continuity Loans Help Me?

Businesses face ups and downs. When a challenge hinders a business operation, and money is what it takes to bypass the hindrance, a business continuity loan can be a helpful tool. Many businesses consider situations of this sort rather plausible and maintain “Business Continuity Plans” or “Contingency Management Plans” to handle them. Some plans may include an internal source of funds, while some may need external support from a reliable source, like Business Advance Lenders.

While having a defined business continuity plan can be of great help in such times, we at Business Advance Lenders are here for you whether your business maintains a continuity plan to counter a situation of contingency.

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