BusinessCreator Jumps Into Small Biz Lending

BusinessCreator, a company designed to help small businesses get started with marketing services, will now enter the SMB financing realm.

The company announced news on Friday (Sept. 29) that it is introducing small business loan capabilities for its clients by linking borrowers to a network of lender partners.

“As a company focused on helping our clients grow, we were offered the unique opportunity to offer funding through a group of lenders that wanted to reach small business owners to help them grow their business,” explained BusinessCreator President and Owner Edward Kundahl in a statement. “This type of funding is based on the gross deposits into a business account each month.”

“They have a set term and daily/weekly payment,” he continued. “The lenders provide the capital a business needs as quickly and easily as possible.”

The executive added that small businesses can access a loan between $5,000 and $1 million with terms of between four and 24 months. Small businesses do not have to put up personal collateral and can access the financing as quickly as three days, said Kundahl. Small businesses can apply for the financing online and must provide information by monthly gross revenue, showing that they have been in operation for at least six months. Loan amounts will depend on monthly cash flow, the executive explained.

“Owning and maintaining a business is no easy task,” he said. “Ensuring that a business continues to grow may seem impossible at times without access to additional funds. Our lenders want to see small businesses succeed, and to do that they provide business owners with access to funding based on the current cash flow of [their] business and not years of financial history.”

“Our lenders are focused on creating long-term relationships with our clients,” Kundahl added.

BusinessCreator provides marketing solutions for SMBs that include search marketing and solutions for mobile, social and video platforms.