openPR Logo
Press release

The New Age of Business Lending

04-03-2018 10:36 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: AMP Advance

AMP Advance | Small Business Loan Provider

AMP Advance | Small Business Loan Provider

Miami, FL – March 30, 2018 – Despite an energized economy, the number of business-related loans obtained through traditional lending institutions continues to decline. AMP Advance Partner, Daniel Tomonto, noted that an increasing number of individuals are turning to alternative financial services and alternative business lenders rather than institutionalized, centralized banks to meet their needs.

“We are here to help those small business owners who are not able to secure capital from traditional institutionalized banks, are intelligent, hard-working and hands-on with operations, and are unaware that there are still options if recently denied by a bank to secure capital,” said Tomonto.
Limited collateral, industry-specific exclusions, extraneous circumstances and non-recurring situations, along with businesses that are too new, cash flow issues and less than sterling credit are all criteria used to deny individuals capital business loans. Some lenders simply don’t want to work with certain types of businesses.

The smaller the enterprise, the less likely owners will be able to obtain a loan through conventional financial services and difficulty obtaining a loan increases for women and minorities. In many instances, business owners never even know why their application was denied.

AMP Advance is changing that paradigm with resources for revenue-based funding, equipment acquisition, account receivable financing, and unsecured business loans. AMP Advance simplifies the application and lending process that small business owners experience when seeking institutionalized funds for their business. Individuals have access to a wider pool of opportunities, and interest rates and terms are more desirable than those of conventional financial services.

The easy, online application can be approved in just minutes, with funding opportunities presented in 24 hours and financing available in 48-72 hours, depending on the type of loan. Individuals can also receive a no-obligation call to discuss their needs. The loan opportunities offer flexible terms, payment discount incentives and no pre-payment penalties. Different financial products come with their own specific interest rates that are affordable and aids in building business credit.

With fewer loans being approved through traditional financial services, business owners are turning to alternative business lending services like AMP Advance. Loan applications can be completed online from the comfort of home for a myriad of potential small business financing opportunities to maintain stability and help businesses grow.

AMP Advance is a Miami-based industry leading direct funding source out of Coconut Grove, FL. We help those who are in need of small business financing by providing Web-based options and funding solutions. Our solutions assist small business owners find matching opportunities while assisting small business owners improve their overall financial situations. AMP Advance provides small business loans, business lines of credit, accounts receivables financing, equipment financing, unsecured business loans, and revenue-based loans to millions of small business owners nationwide.

AMP Advance
Daniel Tomonto – Partner
Phone: 888-201-2860
Fax: 866-610-2121
Email: info@ampadvance.com
3191 Grand Ave. #191, Coconut Grove, FL 33233
Website: www.ampadvance.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release The New Age of Business Lending here

News-ID: 999413 • Views: 248

More Releases from AMP Advance

AMP Advance Offers Fast Alternative Sources of Business Financing
Miami, FL – March 21, 2018 – Launching a new business or equipment acquisition can be expensive and for many people, being turned down for capital can end a lifelong dream. AMP Advance Partner, Daniel Tomonto, wants business owners to know that traditional financial institutions aren’t the only option for obtaining financing. “We are here to help those small business owners who are not able to secure capital from traditional institutionalized

More Releases for Loan

Loan Servicing Software Market Growing Popularity and Emerging Trends: FICS, Loa …
The Global Loan Servicing Software Market has witnessed continuous growth in the past few years and may grow further during the forecast period (2020-2026). The assessment provides a 360° view and insights, outlining the key outcomes of the industry, current scenario witnesses a slowdown and study aims to unique strategies followed by key players. These insights also help the business decision-makers to formulate better business plans and make informed decisions
How Online Loan Aggregators contributing to Retail Loan Penetration in UAE? - Ke …
The banking industry in UAE is a highly fragmented space with a presence of ~60 national & international banks in the country. Post-2016 oil crisis, suffering from high NPAs banks in UAE tended to be more cautious when lending particularly to corporate & individuals thereby increasing rejection rates. Even now, banks generally avoid lending to ex-pats (sometimes putting additional eligibility conditions) & prefer to provide loans to Nationals working in
Global Lending Software Market By Type (Loan Origination Software (LOS), Loan Ma …
This report studies the Lending Software Market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Lending Software Market by product type and applications/end industries. These details further contain a basic summary of the company, merchant profile, and the product range of the company in question. The report analyzes
Personal Loan at loanbaba.com
If you give out a lot of repayments from monthly income, getting loans can be burdensome. This is why some cannot obtain one. However, for meeting main expenses, a personal loan is a smart tool. There is an application process that you have to follow to get the loan approved, especially if you do not possess a hard proof about your ability to pay. Importance of a Good Credit Score If you
Business Loan - Apply Business Loan With Lowest EMI–loanbaba.com
Business loan is the perfect loan option for established entrepreneurs. Typically, it helps in expanding the business. Any idea or plans the business owner may have for the business, he or she can apply business loan with lowest EMI to execute them. But before getting the loan, there are few important steps that need to be followed by the borrower. Step one involves putting together the necessary paperwork. Submission of
Loan Against Property-Apply Loan Against Property with Lowest EMI
A loan against property is ideal for those looking to invest in business, set-up new business, purchase a new property or satisfy any monetary need of personal nature such as vacation, wedding or any major purchase. Loan against property, as the name suggests, is a secured loan and uses a commercial and a residential property as collateral. The eligibility for this loan is determined based on the value of the