Small Business Loans and Independent Lenders

Small Business Loans

Within the last decade, the amount of small businesses around the world has greatly increased. Many people have started their own small businesses due to the lack of work and jobs in some areas and some people have started their own businesses because it’s always been their dream.

For whatever reason you start your own business, you will more than likely need a small business loan at some point to help the various associated running costs.

Traditionally, you may have visited a larger financial institutions for your small business loan needs, but these days the larger banks are not doing as well as they once were. Independent lenders are now the preferred option for many small business owners when they need a small business loan.

The Banking Crisis
Almost everybody has been effected by the banking crisis in some way over the last year. Whether you use banks or not, you will be effected. Since the banking crisis started the value of the pound has been declining, even more so than the American dollar and Japanese Yen.

The avergage persons net worth and savings have also been in decline since the banks got in to trouble. So just when you need a loan the larger banks and financial institutions have stopped lending to one another and to many people.

Many of the larger banks have become so strict with their loan policies that they will not approve your loan unless you have the best credit ratings. Banks have quickly become risk averse.

Before the crisis, the banks were handing out loans to pretty much anyone who applied. Now that the banks are in serious trouble, they are forcing you to accept higher interest rates than ever before, even if you have a great credit.

Independent Lenders
If you need a small business loan or any other type of loan you should seriously consider independent lenders over the larger banks and financial institutions. Independent lenders are now the leaders offering the best loan options.

These lenders are not troubled with the current financial crisis to the depth that the banks are and they can provide a loan with a more reasonable interest rate, even if you have bad credit. There are many different independent lenders to choose from and Quick and Easy Loans searches 90%+ of them for the best small business loan today with the lowest rates and best terms available.

We offer a quick application with no obligation whether you have good or bad credit we can help. Get your Quick & Easy Loan now by completing the short form on the right.