Since the end of 2012 small business Owners no longer have to jump through numerous hoops to find funding for their businesses. Visit: http://www.smallbusinessloans4u.com/press

1. It Is Easy To Obtain Small Business Loans With
New Regulations
Since the end of 2012 small business Owners no longer have to jump through
numerous hoops to find funding for their businesses.
(Newswire.net -- March 04, 2013) Los Angeles, California - – In 2012 a small
business owner had to jump from one bank to another to secure a small
business loan for a start up or to fund their growth.
Securing an appointment with a bank's loan officer is no guarantee that the
owner will be able to secure a loan. Only one out of 10 owners of small and
medium enterprises end up getting approved, especially during the height of
the financial crisis caused by the mortgage bubble.
Thanks to government initiative and emerging alternatives to traditional
lending, it is becoming easier for small business owners to obtain the loan
they need.
"This is probably the easiest time in years that small business owners can
take out loans for their business," says Antony Bradshaw, owner of
SmallBusinessLoans4U.com. "If you own a small enterprise, you don't have to
rely on one set of options anymore. You have a number of choices you can
explore when it comes to funding your business."
One factor Bradshaw cited that is contributing to the ease by which SME
owners can take out loans is the growing recognition the US federal
government is giving SMEs.
On September 8, 2011, US President Barack Obama proposed the American
Jobs Act, a set of bills designed to create more employment for the American
workforce by encouraging the growth of small businesses.
"The federal government is finally acknowledging the fact that small
businesses do play a large role in giving Americans work to do," states
Bradshaw. "Small-to-medium enterprises have indeed been responsible for
the creation of more than two-thirds of the jobs in the United States since the
1970s."
While Congress has never enacted the American Jobs Act into law, White
House efforts to ease up lending for SMEs have begun to take fruit.
The Bank of America recently reported a 28% rise in small business loans
issued in 2012. Other major lenders such as Citigroup and JPMorgan Chase
have also noted increases in their lending, 21% and 58% respectively.
The percentage of loans given to small businesses is expected to increase by
2013.
Bradshaw added that small business owners have begun to find more feasible
alternatives to traditional lending. One such option is crowdsourcing.

2. In crowdsourcing, lenders ask people within their network to help them fund
their ventures with the understanding that the amounts borrowed will be
eventually returned.
"The economy may still be on the rebound, but things are definitely looking up
for the small business owner. They will not have to jump past so many hurdles
in order to get the funding they need," said Bradshaw.
SmallBusinessLoans4U.com is a company that provides resources and
assistance to small business owners who are seeking loans to fund their
startups or expand their enterprise.
More information is available at http://www.smallbusinessloans4u.com.