SOURCE: First Down Funding

First Down Funding

February 08, 2016 09:10 ET

Paul Pitcher -- First Down Funding -- Looking For The Right Short-Term Small Business Loan?

WASHINGTON, DC --(Marketwired - February 08, 2016) - There are a lot of options for small business owners looking for financing these days. And, more small business owners than ever are looking online -- with online lenders providing an estimated $7.9 billion in small business loans last year. According to Morgan Stanley, that's up 68 percent from 2014.

Traditional financing at the local bank is still a good option for many small business owners, but for those who need capital quickly, find that the longer terms typically associated with a traditional business loan from the bank just don't make sense for a given need, and/or might not qualify at the bank, there are short-term financing options that make access to capital easier and more practical than ever before.

Jacoby Beauford of Journey for Funding, recently named First Down Funding the "Best Short-Term Loan Provider for Small Business." Here's what he had to say:

"First Down Funding is friendly toward a wide range of brick and mortar and online/e-commerce businesses, even ones that banks tend not to lend to, such as restaurants, nail salons, and auto-body shops."

Not very long ago, other than the local bank, there weren't many options when a business owner needed extra capital. There are more options today than ever before, including First Down Funding, which has put over $60 Million into the hands of small business owners since we opened our doors in 2012. We may be a little biased, but helping small businesses grow and thrive is something we take very seriously, and it doesn't hurt to occasionally get a little recognition from someone like Journey for Funding.

Visit to read more about short-term business loans and if you'd like to apply for a small business loan from First Down.

First Down Funding offers a wide selection of small business loan products to help business owners throughout the lifecycle of their businesses from early stages to established businesses with rates as low as 5.9 percent for the best-qualified borrowers. Visit to learn more about what First Down has to offer.

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