Line Of Credit To Start A Business And No Doc Business Loans Added To Financial Services Offered By USFS
U.S. Funding Solutions, Inc. has added a line of credit to start a business as well as no doc business loans to its financial services offerings. Both these loan programs are no income documentation business loans, however the no doc business start up loans program tops out at $75,000 while the no income verification business loans for existing businesses can go as high as $150,000. The programs also start at zero percent interest for the first 6 months to help the business early on. These business loans provide solutions to many small businesses in need of cash to grow their existing or their new startup business in this difficult economy according to U.S. Funding Solutions President, Ron Stone. According to Mr. Stone, a 30 plus year business and finance veteran, “The small business market is in serious need of lending to grow their businesses, particularly the startup business loans market. Many commercial banks are completely ignoring the lending needs of small businesses. This leaves many businesses with limited options for the funds needed to grow their business. That’s where these no doc loans come into play.
Mr. Stone went on to say, “Many business owners are stressing over their need for capital to fund their new startup business or grow their existing business. Unlike a traditional business bank loan, these programs are strictly based on the business owner’s credit strength so there is no need to “prove” the business’ ability to service the loan or seek equity partners and give up part of their young business and therefore share in the profits when the business becomes successful which would be costly in the long term to the business owner. That’s the primary appeal of these programs to business owners. They get the funding to grow their business and keep control of the business while not having to go through some rigorous drawn out business loan process, which often ends in a denial of the loan by the bank. Pre-approvals usually occur in 2 business days from receipt of the simple on line application that takes about 5 minutes to complete. So there is no need to worry for weeks or months on end about the status of your loan application. Lastly, we are available seven days a week.”
- Contact Information
- Georgette Pauls
- Marketing Manager
- U.S. Funding Solutions, Inc
- (1) 828-689-4683
- Contact via E-mail
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