Credit crunch hits small businesses

"If the inability to land a bank loan is preventing you from expanding, you're not alone."

"Around 65% of domestic banks say they have tightened their lending standards for commercial and industrial loans to small firms over the past three months, according to the July 2008 Senior Loan Officer Opinion Survey on Bank Lending Practices, released in August from the Federal Reserve System. That's up sharply from the 50% of banks reporting tighter credit in the April edition of the quarterly survey."
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Small businesses effected by the current credit crunch still have some options to sustain and grow their businesses. A smart alternative to the conventional bank loan is a business cash advance.

What is a business cash advance?

Business cash advance programs provide your business with upfront money against your future credit card sales from your customers. The business cash advance provider will purchase a small percentage of your future credit card sales, until the payback is completed and giving you the cash advance your business needs today.

Learn More About The Business Cash Advance Program