NEW YORK, Sept. 19, 2014 /PRNewswire/ -- Today, LoanSage announced the launch of its new online platform to help business owners access up to $2 million in capital and loans in as little as 24 hours. The platform educates businesses on the various types of term loans, working capital loans and alternative funding options that are available to small and medium businesses. After a five-minute questionnaire, the LoanSage proprietary algorithm identifies several loan types for each business. Businesses can then choose which of those lenders they'd like to work with and apply directly for their loans or capital solutions. LoanSage has partnered with 11 preferred partners to provide loans and capital funds to businesses. LoanSage's certified funding partners have funded more than $12 billion in capital to businesses since their inception.
Sean Barkulis, Managing Director of LoanSage, said, "We are excited to launch LoanSage to both educate and simplify how businesses find access to loans and capital." LoanSage recently conducted a survey of 561 businesses and found that 60 percent of business owners who were in need of capital applied to more than one lender. On average, they spent 38 hours applying for the right loans or capital for their business. "LoanSage's technology simplifies this process and can provide businesses with capital in as little as 24 hours. The best part is that LoanSage never charges business owners for this service," he said.
In effort to help businesses become more credit worthy and prepare themselves for taking on a loan or outside capital, LoanSage also provides businesses with complimentary access to a customized business analysis and credit analysis report. The report asks basic financial information and then analyzes how the business performs versus its industry peers. The report also provides commentary on how to improve their financial health to secure capital and manage their debt.
About LoanSage
LoanSage is an online platform that provides resources to help small, medium and large companies be more successful and grow their businesses. At LoanSage, our technology finds the best loan for your business in 3 simple steps. Access to funding from $5,000 - $2 million can happen in as little as 24 hours. Companies can also access the LoanSage free Business Analysis and Credit Report to help them better understand their financials and make better business decisions. LoanSage also offers a knowledge center to help answer business owners' questions in the areas of finance, accounting, marketing, sales, human resources, legal and operations.
230 Park Avenue | Suite 453 | New York, NY 10169
www.loansage.com | P 866.603.7029 x 3 |
Contact:
Jon Gacioch, LoanSage
Email
(866) 603-7029 x3
SOURCE LoanSage
