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You are here: Home / Archives for standard bank statement loan

How a Bank Statement Loan Bridges the Gap between Bank Loans and Factoring

June 6, 2012 By Marco Carbajo

Bank Statement Loan

Qualifying for a business loan in today’s economy is difficult and timely process to say the least. With a traditional bank loan some of the most common hurdles facing bubank statement loan siness owners today include personal credit problems, lack of collateral, and restrictions related to use of funds.

As an alternative, a business cash advance has become a popular option since qualifying is based on a company’s monthly credit card sales. However, even this option has its drawbacks especially for businesses that do not process an adequate amount of credit card transactions.
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Filed Under: Business Credit Tagged With: bank statement loan, bank statement loan application, bank statement loans, express bank statement loan, standard bank statement loan

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