On May 6, 2013 small business financial services company, National Funding, hired six new sales representatives for its Working Capital Division to help meet the growing demand for small business financing from alternative lenders.
Smaller banks’ stricter lending standards are having a negative effect on small business owners who want to expand, so many must seek funding from an alternative lender.
Recent surveys show more small business owners are integrating mobile technology into their business and marketing practices.
More small business owners are seeing the benefits of utilizing social media marketing. However, learning or outsourcing social media marketing can be costly, therefore small business owners may require funding from an alternative lender like National Funding.
Small business owners hired more employees over the last few months and expect to continue recruiting new workers this year.
With the new healthcare laws set to take effect January 2014, more small business owners may want to consider taking out a small business loan or merchant cash advance to cover the rising costs of health insurance.
Although Latino-owned small businesses are increasing in number, many are having trouble getting approved for a small business loan or equipment lease.
More small business owners may want to consider taking out a merchant cash advance to make their facilities more energy efficient. Using greener equipment that preserves energy may help small business owners save money, so they can finance expansion.
Mobile technology is increasingly important to small business operations. Small business owners welcome the use of mobile devices in an age of social media.
Small business owners are showing growing optimism regarding sales in 2013, following gains in consumer spending. Small businesses interested in capitalizing on consumer optimism may need to seek financing from alternative lenders.