The period of quick credit are going, going, going Gone! Also, business loans may just as well have gone the way of the Tooth Fairy.
Perhaps, some 1000's of years back there was a little basis in fact for such a friendly, albeit slightly unsavory benefactor as a Tooth Fairy.
The fact of these days, nevertheless, is that funding has to come from some avenue, which most often happens to be from Mom's or Dad's pocket.
Even with entities such as the Small Business Administration (SBA) reviewing loan applications, lending institutions often do not have the financial muscle, or the need, to take part in the SBA and other similar programs.
This leaves small business owners with a smaller amount of choices for avenues of procuring funds for expansion, or for short-term cash-flow issues.
However, even if any assets owned by you or your business already has liens on it, there is a way you can attain the money you desire without the necessity for collateral, or the requirement to use any more credit, even if you can get it.
If you generate a sufficient stream of credit card revenues, you can actually sell a percentage of your future revenues in order to obtain a lump sum of working capital immediately.
It is called a business cash advance, and since it is not a loan, but an advance on revenues that your business takes in every day, you do not need to go with hat in hand to a local lender.
Once a merchant cash advance lender agrees to purchase, at a discount, a piece of your future revenues, you can get your financing within a couple of business days.
Then, during the normal course of running your business you repay the advance, plus a predetermined fee, without having to arrange for a fixed monthly pay back schedule.
Business cash advances are not exactly the same as business loans, but they are not like that creepy old Tooth Fairy either, and a whole lot more realistic.