Waiting is the hardest thing to do...

Time is money.  As a small business owner, every minute you wait costs you money.

It's been years since the credit crunch destroyed tens of thousands of small businesses.  Those of us that are hanging on need help now more than ever.  The problem is banks will make you wait and wait and wait for an answer on your loan application.   Then nine times out of ten, the answer is no.

LendingFlow.com can help.  It provides:

1. Funding from $5k to $250k
2. Approval within 24 hours
3. Cash received in as little as three days
4. Money directly deposited into your bank account

Don't waste any more time and lose more profits, call now.

www.LendingFlow.com

Banks curtail Lending to Small Businesses

From The Epoch Times:
WASHINGTON—During 2010, U.S. banks increased their lending, although most of the credit was extended to large- and medium-sized businesses.

“Research by Greenwich Associates shows credit conditions have become highly favorable for the largest U.S. companies, who currently have ample access to both bank credit facilities and low-interest bond offerings,” according to the latest Greenwich Market Pulse survey.

Banks still think twice before lending to the small-sized business sector, with 50 percent of the Greenwich survey respondents reporting problems in securing loans and one-third reporting a worse borrowing environment than in the beginning of 2010.

“Continued difficulties in securing affordable credit have left many small businesses and weaker mid-sized companies wondering about their ability to sustain their businesses through the year ahead,” according to Greenwich.

The majority of both small and the lower end of mid-sized companies are pessimistic. They foresee a dismal 2011 in securing credit, with equipment purchases and hiring curtailed. One third is even predicting deterioration in the economic environment.


www.LendingFlow.com

Get the loans that will help your business!

Lending Flow was founded on the premise of bringing small businesses options for funding their operations. As you know, it is extremely hard for any business, let alone a small business or start-up, to obtain a bank loan. Many small businesses have been led to believe that hard money loans are on of their only options for financing. At Lending Flow, we understand the problems that small businesses face in obtaining funding. Whether you need a start-up loan, working capital for your business, or funding for other reasons, we can help you. From small business loans, merchant cash advances, bad credit loans, general business funding, franchise funding, unsecured loans, small business equipment leasing, or business lines of credit. We can help you find a solution to your funding needs.


www.lendingflow.com

Money tight? We help with Small Business Cash Advances

Many businesses just like yours are seeking funding. Apply now. It's quick and easy!

Small Business Merchant Cash Advances provide small and medium-sized businesses with a simple way of obtaining capital. Many small businesses aren't afforded the ability to obtain traditional financing….especially in the current economic environment. We will help you obtain the capital you need to run and grow your business.

Cash Advances offer a few unique benefits that are not available from traditional lenders and other financing sources. Although your personal credit may be reviewed during the underwriting process, in no way will a low credit score automatically prevent you from obtaining a Cash Advance. Additionally, unlike traditional financing methods, a Cash Advance can be secured in less than 4 days in many instances. Additionally, there are no restrictions on the use of the proceeds from a Cash Advance.

Finally, and most importantly, a Cash Advance does not have set monthly payments. Rather, it is paid back only as you receive money in your business (i.e. when business is strong, you will pay more of your advance…..when business is slow, you will pay less of your advance). This ensures that your business's cash flow is not strained.

http://www.lendingflow.com/business-cash-advances.php

Are you a small business owner in need of liquidity?

Our no collateral loans are perfect for all types of business. Apply Now.

Another option for your small business is an unsecured loan. An unsecured loan requires no collateral and is based solely on your credit rating. It is also called a signature loan. At Lending Flow, you will find unsecured loan programs for people with good credit, bad credit seeking unsecured loans for their businesses. An unsecured loan does not require any cash, home equity, personal, or business assets of any kind. Should you default on the loan, your property and/or assets are protected.

www.LendingFlow.com

The Big Problem in Small Business Bank Credit

Until it is addressed, the severe drop in loans and credit lines will hamper economic growth and job creation for years.

From BusinessWeek.com

The media is full of anecdotal reports about small businesses that had bank loans and lines of credit before the Great Recession—and now have neither. While these stories put a face on the entrepreneurs struggling to make do with less credit, they don't give a sense of the overall breadth or depth of the problem: The decline in bank credit to small businesses during the Great Recession is so large that it's unlikely to return to prerecession levels for many years.

To thaw the ongoing freeze, policymakers need to understand how much small business credit has evaporated since the Great Recession began, and why. Timid solutions won't work. The adverse effects on the small business sector's contribution to economic growth and job creation are potentially way too severe.

The Federal Financial Institutions Examination Council has the best information on small business lending by retail banks and commercial banks. Its data on millions of loans to businesses with less than $1 million in annual revenue provide a comprehensive look at what has happened since the beginning of the financial crisis. (I use this revenue ceiling as a proxy for small business because IRS statistics show that 95 percent of businesses generate less than $1 million per year in revenue.)

Read the Rest at BusinessWeek.com

Business Cash Advances -- Many businesses just like yours are seeking funding.

Small Business Merchant Cash Advances provide small and medium-sized businesses with a simple way of obtaining capital. Many small businesses aren't afforded the ability to obtain traditional financing….especially in the current economic environment. We will help you obtain the capital you need to run and grow your business.

Cash Advances offer a few unique benefits that are not available from traditional lenders and other financing sources. Although your personal credit may be reviewed during the underwriting process, in no way will a low credit score automatically prevent you from obtaining a Cash Advance. Additionally, unlike traditional financing methods, a Cash Advance can be secured in less than 4 days in many instances. Additionally, there are no restrictions on the use of the proceeds from a Cash Advance.

Finally, and most importantly, a Cash Advance does not have set monthly payments. Rather, it is paid back only as you receive money in your business (i.e. when business is strong, you will pay more of your advance…..when business is slow, you will pay less of your advance). This ensures that your business's cash flow is not strained.

www.LendingFlow.com

Seattle still losing small businesses to economic crunch

From NWCN.com

SEATTLE -- The empty storefronts and the "For Lease" signs can be seen every day as you drive through Seattle.

Gemma Santa Maria says her family fought hard not to join the small businesses closing their doors. Recently though, they realized they could not afford to keep their store, The Phinney Market, any longer.  

"It has been a struggle for two years. It's been so hard. It's been hard for my family. It's been hard for our jobs. In the end the numbers just didn't add up and we just can't make it work," says Santa Maria. 

Santa Maria says it is hard to say goodbye to co-workers, customers, and the family's dream. The Phinney Market opened in 2009, a very tough year for business.

Mary Lyell-Larsen is the Vice President of Data Services for the Commercial Brokers Association. She crunches numbers about Seattle's commercial real estate market. She says 2009 was the worst year for tenants and landlords.

"We saw the slowest year we have ever seen in terms of sales in 2009," says Lyell-Larsen

Lyell-Larsen says based on her data, she is seeing bigger retail spaces fill up faster than smaller sites.

In 2010 retail sales were up by 20 percent according to Lyell-Larsen, but an increase in distress sales factors in to that upswing.

When it comes to seeing the commercial real estate market's recovery, Lyell-Larsen says in Seattle more time is needed.

"If you had talked to me a year ago, we would have said now. Talking now, I think it is going to see another year. Looking at the numbers and how they are slowly getting better, I would say we are probably looking at 2012," says Lyell-Larsen.

Read the entire story

Persistent Credit Crunch puts damper on small business

From NorthJersey.com - Sunday Jan. 9, 2011



Last year was rough for Ray's Waldwick Pizza.  The walk-in refrigerator broke down and so did the air conditioner. Sales had declined.

Fortunately for owner Siobhan Carrasco, a line of credit from Bank of America helped cover the $14,000 repair and replacement costs and she was able to keep the 20-year-old business open. But the unexpected costs maxed out her credit line and left her without a financial safety net. She applied in October to extend the line another $10,000 and was denied — unfairly, she thought.

"I told them, we bailed you out and you won't give me a line of credit? I have $250,000 in equity in my home and I just wanted $10,000," she said. Carrasco said last month she hasn't tried other lenders and is hoping sales pick up and that nothing else goes wrong. "My sales are down 20 to 25 percent from 2008," she said.

Her situation is not unusual, judging by a recent Federal Reserve Bank of New York survey of 426 small businesses in New York, northern New Jersey, Connecticut and Pennsylvania that showed the credit crunch persisted amid "comparatively strong demand" for loans and "weakened applicant quality."

The survey found that 59 percent of the companies applied for credit compared with about 40 percent in pre-recession national surveys. Only half of the applicants received credit despite previous borrowing success, and many who did get approved received less credit than they sought.
According to the Fed, small companies employ nearly half of all Americans, account for about 60 percent of job creation, and historically have created more jobs than larger businesses at the start of economic recoveries.
The impetus for the survey, conducted over the summer and released in October, was concern that "contractions in business borrowing may be limiting the capacity of small businesses to play this critical role."
Read Entire Story at NorthJersey.com

Lending Crunch hurts small businesses

Are you a small business owner who is being crunched by the lending crunch.  Big banks have tightened their lending requirements making it almost impossible for small business owners to get a line of credit or a short-term loan.  The big banks' greed is forcing many small companies out of business.

Lending Flow was founded on the premise of bringing small business options for funding their operations.  As you know, it is extremely hard for any business, let alone a small business or start-up, to obtain a bank loan.  Many small businesses have been led to believe that hard money loans are one of their only options for financing.  At Lending Flow, we understand the problems that small businesses face in obtaining funding.  Whether you need a start-up loan, working capital for your business, or funding for other reasons, we can help you.  From small business loans, merchant cash advances, bad credit loans, general business funding, franchise funding, unsecured loans, small business equipment leasing, or business lines of credit. We can help you find a solution to your funding needs.


http://www.lendingflow.com/