SBA Loans Are Now Faster Through New Technology

Share this news:

SBA Loans are traditionally long and cumbersome credit approvals. SBA Loan Advisor has introduced new technology that helps small business owners obtain quick, affordable working capital.

Small businesses that need fast and affordable capital now have a new and improved way to apply for an SBA loan online. Entrepreneurs can now obtain $5,000 to $150,000 in as little as 5 business days after the full application is received by Sunovis Financial.

SBA Loan Advisor (www.sbaloanadvisor.com) is backed by financial services small business lender, Sunovis Financial, Inc. and SBA technology partners. They have recently integrated a fully-online, automated SBA loan program offering low interest rates, simplified application process, and a quick decision for loans ranging between $5,000 to $150,000 to qualified businesses in all fifty states. Some of the benefits of the new Express loans have extended repayment terms, low monthly payments, and no penalties for early payoff.

SBA Loan Advisor Express SBA loans help the small business owner by enabling them to keep more of their profits internally so they may continue to invest and expand. The SBA Loan Advisor Express has now been available since June 1st, 2014 and has already received significant interest in this new product and process.

“Quick, inexpensive capital is one of the biggest hurdles facing small-business owners," said Jim Albertson, Executive Vice President of SBA Loan Advisor. "Small business owners steer away from SBA loans because the traditional process can take three to six moths to close. SBA Loan Advisor changes this by using technology to expedite the process."

The SBA Loan Advisor streamline application allows for a simple and quick application that is completed online. The speed and ease of the online process is an innovation for an SBA working capital loan. Taking into consideration the traditional bank-loan application process, SBA Loan Advisor's expedited platform eliminates much of the time and paperwork that is usually associated with the SBA loan process. This new technology reduces the typical drawn out bank loan application process to an estimated 15 minute online application with real-time pre-approvals. Funding a new loan can be as fast 5 days within completing a full application.

"Traditional SBA Lenders typically take too long and small business owners are unable to capitalize on immediate opportunities in their marketplace. The other downside to traditional SBA Lenders is that loans under $150,000, for most small-business owners are difficult to obtain. The small business then resorts to alternative, more expensive lending sources like merchant cash advances or even credit cards to fill the gap," said Jim Albertson, Executive Vice President for Sunovis Financial. "SBA Loan Advisor offers affordable terms and meets a big need that is not offered in the marketplace. We now offer a better way to help serve small-business owners with expedited access to low interest rate SBA loans that can be completed online."

"We are eager to support SBA Loan Advisor in their mission to assist small businesses who want a fast and affordable small business loan," said Terry Robinson, CEO, Sunovis Financial. "Small businesses are the foundation of our economy and Sunovis Financial his committed to providing working capital to help them succeed through our small business lending platform. Sunovis Financial specializes in working capital loans and SBA Loans. Now with SBA Loan Advisor, we can provide affordable loan options faster to small business owners with sound cash flow management."

For more information about SBA Loan Advisor, or to apply for an SBA loan now, visit www.sbaloanadvisor.com

About SBA Loan Advisor


SBA Loan Advisor assists small businesses by helping them compete and succeed in today’s world through SBA financing.

Their experienced advisors assist small business owners to navigate the process from pre-qualification and application to approval. The experienced consultants help small business owners to understand the process as well as what the SBA and lenders are looking for in a successful applicant, and they help with the preparation and packaging of the application.

Contact Info:
Name: Jim Albertson
Email: Send Email
Organization: SBA Loan Advisor
Address: 7500 College Blvd, Suite 500, Overland Park, KS 66210
Phone: 855-243-7191
Website: http://www.sbaloanadvisor.com

Release ID: 52476

CONTACT ISSUER
Name: Jim Albertson
Email: Send Email
Organization: SBA Loan Advisor
Address: 7500 College Blvd, Suite 500, Overland Park, KS 66210
SUBSCRIBE FOR MORE