You’ve heard the buzz, STIMULUS this and STIMULUS that, BAILOUT this and BAILOUT that. It’s all political propaganda. Most of the money passed through congress for the BAILOUT of banks is earmarked for 2010 and 2011. Less than 5% of the money earmarked for 2009 is being used to lend into the consuming marketplace. In fact, the vast majority of the money that’s supposed “to stimulate the economy” has been used to unload bad mortgage debt from banks balance sheets.
It’s a no wonder we’re experiencing a credit FREEZE TODAY. I don’t know about you, but I’m sick of hearing about TOMORROW. Today is here and now, and tomorrow might never come.
Bank approvals are much smaller than they’ve ever been and many business owners need alternate methods for obtaining working capital. UNSECUREDSERVICES has gone outside the box when trying to get their clients the much sought after money they desire. They have partnered with several hedge funds that are more than willing to lend to the small business community. Typically hedge funds want their money repaid much quicker than banks. Provided a business owner has a plan for the money and isn’t trying to sit on a big pile of cash, this is rarely a problem.
Many lending companies will find this sector of wealth beneficial to filling the gaps between what their client needs and what traditional banks are actually lending. I personally know of 2 doctor’s offices that have also gone in this direction since Capital One shut down its lending department. Capital One used to be in the top 3 for financing medical procedures.
UNSECUREDSERVICES have found a solution to a problem that the political mouth pieces deny is real.
