Obtaining financing can sometimes be the most grueling part of starting a new business
Released on: November 30, 2007, 7:40 am
Press Release Author: America Funding
Industry: Financial
Press Release Summary: Obtaining financing can sometimes be the most grueling part of starting a new business. The loan approval process for an unsecured business start up loan sometimes seems like a maze, with stringent credit requirements, complicated business plans, and paperwork full of terms that are like a foreign language to the layman prospective business owner simply trying to get a loan. Options can be rather slim and unfitting when it comes to financing for the new business owner; unrealistic collateral requirements and proof of projected business profitability can sometime seem more like a joke than a reality.
Press Release Body: Collateral is often the biggest obstacle to the prospective business owner. Not only does a new business not yet have any commercial collateral to provide; but it is asking a lot for an entrapaneur to put his hard earned personal assets at risk in order to start a new business venture. Yet, without collateral, getting a business financing can sometimes seem impossible.
The good news is, though rare, some companies to have specialized programs for exactly this scenario. An unsecured business start up loan can get a new business owner the funding he needs to cover initial business costs, without having to provide collateral and place his or her assets risk. With this type of financing plan, the lender utilizes something the borrower has worked hard for and should be able to take advantage of - his good credit. With this approach, the lender can still an unsecured business start up loan at great rates and with a variety of programs.
American Unsecured Funding is a lending company that keeps the needs of its start up business owners in mind. We offer great financing products at competitive rates and with expert consulting from start to finish. We can help you get the unsecured business start up loan that you need!
Web Site: http://www.venturecapital.20m.com
Contact Details: America Funding Network P O Box 60882 Chicago, IL 60660