Dec
30
2009

Small Business Owners Ask for Alternatives

In a Capital Access Network Survey, for Quarters 1 and 2 of 2008, 276 small business owners were surveyed an asked to answer questions regarding the availability of business funds.  87% of respondents said that having access to readily available credit is important in today’s economy.  In fact, 35% of respondents said that having this access is “very important.”

These statistics show what you probably already know as a small business owner – small business owners need easily accessible cash to grow, develop and maintain their businesses.  Unfortunately, getting this cash is not always easy.  Over half of the survey respondents felt that they either needed a backup financing plan, in addition to the bank, or that the bank was no longer an option for them at all.

87% of the surveyed small business owners also stated that the bank did not offer any alternatives after declining their applications.

MRI strives to provide an easily accessible alternative to the bank loan.  By making up to $500,000 in unsecured business funds available to qualified small business owners, Merchant Resources International is working to boost small business lending and the economy.

1 Comment + Add Comment

  • A business cash advance is always a good options for business owners. You don’t need a high credit score, and you are free to spend the cash however you feel is best for your business, unlike bank loans where you are limited in what you can spend it on.

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