SOURCE: Advance Funds Network

Advance Funds Network

April 19, 2016 07:00 ET

Advance Funds Network Procures $200,000 Loan in Record Time

Small Business Loan and Credit Provider Shatters Company Speed Records in Securing a Business Loan for Custom Metal Brazing Company

NEW YORK, NY--(Marketwired - April 19, 2016) - Advance Funds Network, a provider of business loans and lines of credit has made company history by securing a loan for one of their clients in under 5 hours. The client, an industrial brazing company, held a loan with another company for over a year before the company refused to offer an early payoff discount which Eric Rony, Director of Business Development at Advance Funds Network, was able to obtain.

With the addition of an early payoff discount, longer terms, and weekly payment options, Advance Funds Network was able to secure the loan and complete the process in less than five hours.

"In the end, I spent a total of 20 to 30 minutes gathering the paperwork and filling out the one page application," stated Mr. David, President of the Brazing Company. He continued, "The rest was Eric, and the $200,000 loan was funded within five hours. Great experience, and helped us through a huge cash flow crunch in the middle of a big project."

The customer, a provider of metal brazing, was locked in a loan without an early payoff discount for over a year and a half before coming to Advance Funds Network. The Network assisted in paying off the client's remaining loan of over $60,000 and proceeded with a new loan for $200,000 with weekly payments, which benefited Mr. David's company by increasing his working capital.

About Advance Funds Network
Advance Funds Network is one of the easiest ways to obtain financing for your existing business. Since 2007, we established ourselves as a leader in the small-medium sized business marketplace while achieving a BBB A+ rating. We provide your business with several funding options until we find the one that works best for you. We never charge any upfront fees. Our process is simple, easy and transparent. Our goal is even simpler: Approve your business for financing.

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