SOURCE: Advance Funds Network

Advance Funds Network

May 03, 2016 07:00 ET

Advance Funds Network Secures $500,000 3-Year Term Loan at 8.49% APR for Private Home Health Care Facility in Oklahoma

Small Business Loan and Credit Provider Goes the Extra Mile for Client and Successfully Secures Loan When All Others Failed

NEW YORK, NY--(Marketwired - May 03, 2016) -  Advance Funds Network, a top provider of business loans and lines of credit, has announced their recent success in procuring a $500,000 loan for a client who had previously been denied by multiple lenders. The client struggled to obtain a loan until approaching Advance Funds Network, which was able to successfully obtain the funding needed.

"We couldn't be happier with the outcome of this situation. This is a company that was looking to give back and better society and to hear that they could not secure a loan was very troubling to us," stated Leon Mansour, Sr. Funding Director at Advance Funds Network. "When they came to us they had already been denied by multiple lenders and were discouraged from the process altogether. By utilizing our network we were able to obtain a $500,000 loan at an interest rate of 8.49% for 36 months with monthly payments."

The client, which provides healthcare and wellness services with its strength of 350 employees, had tried tirelessly for months to secure a loan to help expand the company.

Mr. Mansour added, "Our customer was ecstatic about the loan they were able to secure and because of that loan will be able to expand and grow, which can help them provide more health services to more people in need. Win-win on this one!"

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.

Contact Information