SOURCE: New Business Funders

July 21, 2016 14:13 ET

New Business Funders Helping Bridge Funding Gap For New Businesses

SCOTTSDALE, AZ--(Marketwired - July 21, 2016) - New Business Funders (http://www.newbusinessfunders.com) is helping new businesses obtain the funding they need while minimizing red tape and educating borrowers simultaneously. The key is found in the delivery of daily guides from the service that offer step-by-step tips for business seeking funding. Tantamount to that, the service helps connect interested businesses to the funding sources they need.

"New businesses commonly struggle to get funding for no reason other than they lack business credit and a viable transaction history," explained Troy Bohlke, spokesperson for New Business Funders, a company that specializes in helping new businesses secure lines of credit. "In today's borrowing world, big banks are hesitant to approve loans for new businesses due to the innate risk factor. But this does not mean that there aren't other options you can explore."

One of the options of which Bohlke speaks is called a business credit line, something his service helps secure for new businesses. "Using our growing network of lenders, we're able to sidestep much of the red tape that's associated with conventional startup loans to get our clients funded with a business credit line fast," he says.

A business line of credit helps new businesses get established, and gives them direct access to funds they can tap at low interest rates along the way. Many new business credit lines come with low introductory interest rates for the first 12-18 months, after which they become locked in at a low annual interest rate.

To learn more about this small business program, go to:
http://www.newbusinessfunders.com

Or contact: Troy Bohlke at: 1-855-680-FICO ext. 101; by email at: funding@newbusinessfunders.com.

You can read the new guide online at: http://newbusinessfunders.com/4-tips-on-getting-small-business-loans-for-starting-a-business.

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.

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