Holidays Mean Mixed Results for Small Businesses

LOS ANGELES, Dec. 3, 2014 /PRNewswire/ -- For many business owners, Black Friday and the increasingly popular Small Business Saturday bring with them extremely beneficial boosts in sales that can help fill the coffers of small businesses across the country. Almost all retail businesses benefit from this boost in consumerism, but non-retail businesses that have consistent monthly revenues can be hurt by the increased payroll expenses as a result of holiday overtime pay. Luckily, Advantage Capital Business Loans (ACBL) is there to make sure that your business stays strong, no matter what the holiday season throws at you.

ACBL makes easy business loans available to any business that has been operating for a year, with a monthly revenue of at least $15,000. And because these holiday payroll expenses can come about unexpectedly, they make sure that businesses can get the money into their account fast. It usually takes between 2 and 5 days to get a loan from ACBL once the application is filed.

Even companies that do have a boost in holiday revenues could greatly benefit from an ACBL loan. If a business gets a big boost from holiday sales, chances are they have to hire seasonal employees to account for the increased demand. Because it often requires several weeks of training to get employees ready for the holiday rush, most business owners get a surge in their payroll expenses before the extra revenue comes in. With a business loan from ACBL, entrepreneurs can make sure that these new employees are paid, happy, and working hard for the holiday rush, which allows them to pay back the loan once holiday revenue comes rushing in. Loans are paid back on a daily basis, via automatic deductions from the businesses' bank account that are determined by underwriters to fit into each business' margins, but there are no costly fees for prepayment.

ACBL also understands that as a business owner, your best days are ahead of you. While many big banks will reject a loan based on an applicant's poor credit history, ACBL is not afraid to give bad credit business loans to any business with a solid plan and revenue stream. When businesses apply to the underwriters at ACBL, all they have to provide is a simple two page application, and the business's bank statements for the last six months of operation. That way ACBL can examine each case on the basis of how that individual business is performing right now, rather than dwelling on the mistakes of the past.

Whether the holiday season is looking like a boom or a bust for your business, there's no reason why it can't get better with a loan from Advantage Capital Business Loans. To inquire about your business' eligibility for an Advantage Capital Business Loan call (877) 379-0202, or visit them online at AdvantageCapitalBusinessLoans.com.

PR submitted by www.Cyberset.com 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/holidays-mean-mixed-results-for-small-businesses-300004619.html

SOURCE Advantage Capital Business Loans

Related Links

https://www.advantagecapitalbusinessloans.com