SCOTTSDALE, AZ--(Marketwired - July 12, 2016) - New Business Funders (http://www.newbusinessfunders.com) has just released yet another guide that was created to help new business owners better meet their working capital needs by understanding what processes are necessary to get approved for the funds they require.
"The most difficult uphill battle that new businesses face is the securement of the working capital they'll require to sustain operations," explained Troy Bohlke, spokesperson for New Business Funders, a company that specializes in helping new businesses secure lines of credit.
The new guide compares and contrasts business lines of credit versus conventional startup loans, the latter of which are no longer a feasible reality for new businesses in lieu of much tighter lending restrictions by the big banks.
"Many new business owners run into a brick wall when they try to find funding," Bohlke infers. "This can be a real dream-killer, but just know that you have some alternative options."
The alternative options of which Bohlke speaks is a business line of credit. New Business Funders connects business owners to a growing network of banks that sidestep the traditional red tape of conventional loans. Borrowers can tap into low interest lines of credit that they can use as they see fit to expand their business operations.
"With a business line of credit, you can make payroll, buy new equipment, upgrade your business and do just about anything you need to with the funds," says Bohlke. "With easier lending requirements, all you need is a FICO score of 680 or better and you can get approved. If your credit is dinged, give us a call, we also offer rapid restoration services."
To learn more about this small business program, go to:
Or contact: Troy Bohlke at1-855-680-FICO ext. 101, or via email at: firstname.lastname@example.org
You can read the new guide online at: http://newbusinessfunders.com/youre-asking-need-business-loan-startup-heres-simple-answer.
About New Business Funders
New Business Funders helps connect startups to the lines of credit they need in a simple and efficient manner. Using their broad network of banks that are eager to loan money to startups, NBF helps get new businesses the credit lines they need without the runaround. Just a 680 FICO score or better gets your business approved for a line of credit from $10k to $250k with low interest and easy repayment options. No tax returns, bank statements, automated payments, business statements or sales receipts required. It really should be this easy to fund your new business.