This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

U.S. Treasury Report Illustrates The Importance Of Advantage Capital Business Loans' Small Business Lending

LOS ANGELES, April 22, 2013 /PRNewswire/ -- Since its release earlier this month, the U.S. Treasury's Use of Funds Report for the Small Business Lending Fund has generated headlines for illustrating a marked increase in federal small business lending. The federal efforts to spur small business should come as no surprise, as the effectiveness of loans offered to small businesses has already proven successful by the innovative financial experts at Advantage Capital Business Loans.

ACBL is among the first lending firms to recognize the challenges facing small and medium-sized businesses looking to grow through financing their businesses. In today's economy, the question of how to get a small business loan provides few easy answers, as most traditional lenders and large banks have adopted rigid underwriting practices that favor large multi-national corporations that they believe will present the least amount of risk. ACBL was created specifically to serve the unmet financial needs of small and medium-size businesses by creating simple business loans that favor firms with fewer than 100 employees.

The Treasury's Use of Funds report showed that participating community banks and community development loan funds have continued to increase their small business lending through the program by more than $8.9 billion over the baseline and $1.5 billion over the prior quarter. Not only is the increased federal funding good news for business owners who are desperately in need of small business loans, but it is also another example of how important ACBL's small business lending can be for ensuring overall economic health.

Anyone who has applied for a loan in recent years is all too aware that in reviewing applicants,  traditional lenders put a great deal of weight on a few select factors, including personal credit, value of collateral and debt to income ratio. This model has helped traditional lenders to raise their efficiency, but they've done it by creating a system that leaves many promising small businesses unable to gain loans that are necessary to accomplish even the everyday operations of business. Bucking this shortsighted trend, ACBL has elected to put most of the weight on a business's efficiency and potential. Furthermore, the entire funding experience at ACBL is usually between two and five days – a highly appreciated change from the long, drawn out underwriting process at big banks.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $95.03 -2.90%
FB $116.73 7.20%
GOOG $691.02 -2.10%
TSLA $247.54 -1.60%
YHOO $36.59 -0.97%


Chart of I:DJI
DOW 17,830.76 -210.79 -1.17%
S&P 500 2,075.81 -19.34 -0.92%
NASDAQ 4,805.2910 -57.85 -1.19%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs