SOURCE: New Business Funders

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June 24, 2016 14:47 ET

New Business Funders Helping Entrepreneurs Avoid Common Mistakes When Seeking Startup Funding

SCOTTSDALE, AZ --(Marketwired - June 24, 2016) - New Business Funders ( is on a mission to help new business owners better understand their funding options. In their newest guide, they advise entrepreneurs about three common early mistakes that they can avoid when seeking funding for their startup.

"It's exciting starting a new business, but at the same time, you want to be sure that you have everything in order before you seek to acquire the funding you need," explained Troy Bohlke, spokesperson for New Business Funders, a company that specializes in helping new businesses secure lines of credit. "Many common errors are made by new business owners early during this critical phase, something we're helping businesses avoid with our newest guide."

Thousands of new businesses are formed every day in America, but many won't have the necessary funds to sustain operations through the first two years. The key element here is getting the approval for the funding that they need. But with banks having more red tape than ever before, it can feel like an uphill struggle for new business owners.

"Knowing how to approach banks and lenders to get the funds you need is imperative during the early times for any new business," Bohlke says. "If you know how to get things off the ground from the start, however, you can gain access to the business credit lines you require with minimal setbacks or delays."

You can read the new guide online at:

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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