New Commercial Lending Sources for Small Business Loans and Working Capital
AEX Commercial Financing Group has published a timely special report which discusses the increasing need for small business owners to find new lending sources for small business loans and working capital funding. Many banks have reduced or stopped their commercial lending programs. The AEX report evaluates new commercial finance sources which must now be seriously considered by most small businesses.
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July 22, 2009 (FPRC) --
A timely small business loans report has been issued by AEX Commercial Financing Group to assist small business owners in finding new lending sources for working capital and commercial loans. As noted by AEX, while banks and other commercial lenders have made a sincere effort to provide business financing help, most have ended up making drastic cuts in their commercial loan activities. There have been numerous reports of banks reducing or canceling commercial credit lines as well as recalling existing commercial real estate loans. In the most notable recent example, one of the largest SBA loan providers has reported significant financial losses and requested funding assistance from both the U.S. government and current investors. Even if successful in raising additional funds, it is not likely that this business lender will be able to resume fully normal lending activities to businesses throughout the United States for an extended period of time.
According to Stephen Bush, Founder and Chief Executive Officer for AEX Commercial Financing Group, "As a direct result of instances such as those just noted, very few business owners are likely to think that there is anything normal about obtaining commercial mortgages and working capital loans from their current business finance sources. It has become a routine occurrence for borrowers to be told by their current commercial lender that it will be necessary to seek another source for small business financing. Unfortunately, in many cases, the current lender does not properly inform their borrower on a timely basis that commercial funding is not actually available."
Although the timely report published by AEX Commercial Financing Group discusses several new and effective sources for business financing, AEX emphasizes that it would not be accurate to suggest that there are business lending sources that will solve the working capital needs for all businesses in need of help. Business owners needing assistance and new sources for small business loans are encouraged to contact Stephen Bush at AEX for a candid evaluation of business funding possibilities.
About AEX Commercial Financing Group:
AEX is based in Ohio and provides assistance for commercial loans throughout the United States. Primary AEX commercial finance programs include commercial mortgages, SBA financing, merchant cash advances and short-term working capital loans. AEX publishes several free business finance resources such as The Working Capital Guide.
Send an email to Stephen Bush of Commercial Loan Refinancing
937-780-4030
Keywords:
small business loans, small business financing, SBA financing
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