Ultimatebusinesscash.com reports 32 percent of micro-businesses have now been denied funding via traditional lenders, yet most remain unaware of funding alternatives
Ultimate Business Cash wishes to change this and help businesses meet their funding needs for a wide range of purposes.— According to the most recent BDRC SME Finance Monitor, approximately 32 percent of micro-businesses were denied funding through traditional lenders, leading to approximately 60 percent reporting they missed a business opportunity or experienced problems with their cash flow. Many companies fail to understand the many alternative funding sources available to them.
"SMEs remain an important part of the country's economy, as they account for 49 percent of turnover in the private sector and around 60 percent of private sector employment. Ultimate Business Cash strives to provide these businesses with the funds they need for a wide range of purposes, with the goal being to support growth while driving enterprise," Anthony Persse, spokesperson for Ultimate Business Cash, declares.
When a small business needs cash, time tends to be of the essence. Ultimate Business Cash offers friendly, fast, and flexible service to ensure businesses obtain the cash they need in a timely manner. The process used to obtain the funds is simple and straightforward, and businesses needn't worry about hidden fees, small print in the terms and conditions, and other unpleasant surprises.
"The entire application process remains up-front and transparent as small businesses need to be focused on growing their business and take advantage of business opportunities with limited time spans. Ultimate Business Cash wants to put the cash in the hands of businesses as quickly as possible so they can take full advantage of any opportunities which arise," Persse continues.
Obtaining funding through Ultimate Business Cash has never been easier as there are no face-to-face meetings or business plans to create before the funds may be received. The company offers short-term online loans with flexible terms to meet the needs of the individual business and reviews each business to ensure this type of funding meets the needs of the business.
"Small businesses should never make use of a loan when experiencing financial difficulties. As with any type of credit, the funding offered through Ultimate Business Cash is intended to grow the business or take care of a short term funding problem, rather than managing existing debt. The company remains committed to responsible lending and works to find the solution which best meets the needs of each unique client," Persse explains.
About Ultimate Business Cash:
Ultimate Business Cash provides fast, flexible, friendly finance for companies in need of cash for any purpose. Some choose to expand their business with the provided funds, while others opt to increase working capital. Ultimate Business Cash offers fast response times and requires very little paperwork or tedious meetings. The company strives to make it easier for small businesses to obtain the funding they need to support growth while driving enterprise.
For more information about us, please visit https://www.ultimatebusinesscash.co.uk
Name: Anthony Persse
Organization: Ultimate Business Cash
Phone: 0800 1217757
Release ID: 53217