Speed Fund LLC has launched a new website, www.speedfund.net
Speed Fund the leader in merchant cash advances has launched a new website, Http://www.speedfund.net Business loans for bad credit.
Fast Approval & Funding.
- (1888PressRelease) August 10, 2014 - As Banks Get Jittery, Speed Fund Rides to Rescue of Ambitious Businesses
As banks seem set to tighten the lending purse strings, Speed Fund is leading a merchant cash advance revolution that is helping to boost the real economy, giving business owners the quick access to unsecured funds that banks just can't compete with.
For more information got to http://www.speedfund.net
The Financing of the Future
Traditionally the arguments against merchant cash advance companies - often peddled by the big banks - are the slightly higher interest rates, but rather than insult the intelligence of business owners, merchant cash advance companies are basing lending decisions on current sales performance not former history. While unwieldy banks allow successful companies to go under by dragging their feet, Speed Fund and other cash advance companies are rushing to the rescue. It is just this sort of flexible service that seems set to become the financing of the future for the economy.
Banks Look Set to Close Shop
Bankers like to present a business-friendly face, and recent reports of increased lending are designed to support that image. But scratch beneath the surface and the real stories start to emerge. In fact, executives of some of the biggest US banks are admitting that many loans are financing the payment of dividends rather than real economic growth. As they become jittery about the real economy, banks seem set to close shop when it comes to business lending. The irony is that successful businesses that could boost the economy are having their supply lines cut.
In a recent case study featured in the popular Entrepreneur magazine, a restaurant owner in Texas needed $80,000 quickly to boost figures in the wake of a construction overrun. Despite robust sales figures from his thriving business, banks simply couldn't get the money to him quickly enough. Fortunately, he was able to contact a merchant advance company like Speed Fund and within a short time he had settled his loan through the daily receipts from his sales.
Speed Fund Offering Unsecured Loans - Even if Customers Have Been Turned Down
Speed Fund is determined to hold out their hand to business owners, even those with poor credit history, previous bankruptcy or who, for various other reasons, are being turned away in droves. As the banks dig in their heels on the issue of risk, those lucky enough to secure a loan often find that the funds have to be secured to their home or
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