LOS ANGELES, March 19, 2013 /PRNewswire/ -- The Small Business Jobs Act of 2010 sets up a fund designed to provide capital to qualified community banks and community development lending, with a goal of encouraging small business loans. Essentially, the purpose of the act is to encourage small, "Main Street" banks and small businesses to work together to create jobs and promote economic growth in communities across the nation. This understanding of the importance of small businesses for a healthy economy is in line with the core philosophies that have made Advantage Capital Business Loans so effective for small business owners. Advantage Capital Business Loans was created to serve the unmet financial needs of small and medium size businesses. Since the company's creation, they have sought to create the antithesis of traditional business loans by offering a simple loan with a high approval rate that favors businesses with fewer than 250 employees. As anyone who has attempted to receive a personal or small business loan is keenly aware, the loan process can seem overwhelming, and can be needlessly complex. In many cases, the lengthy, cumbersome loan underwriting process delays or frustrates prospective entrepreneurs before they can ever get their idea off the ground. At Advantage Capital Business Loans, however, the process has been streamlined and simplified to the point where the entire funding process often only takes between two and five days. This allows entrepreneurs to focus on the seemingly endless tasks that are necessary when starting a new business. Advantage Capital Business Loans assigns its dedicated account executives, underwriters and funding coordinators to each customer based on their own personal expertise. In the finance industry, it is not uncommon for lenders to offer different loan categories depending on how each business is graded in the underwriting phase. From there, each underwritten loan falls into a category with predetermined pricing and terms. ACBL recognizes that no two businesses are the same, which has inspired them to create custom business loan options. Behind every ACBL loan is a plan to help each business to achieve its goals while requiring only a manageable and affordable payback.