Home | February 2011News | 'Bridge Loan Programs' Offer Much Needed Funding Alternatives for Small Businesses and Entrepreneurs needing quick funding, states Angelo Sferrazza, Cincinnati, OHio |
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'Bridge Loan Programs' Offer Much Needed Funding Alternatives for Small Businesses and Entrepreneurs needing quick funding, states Angelo Sferrazza, Cincinnati, OHio
- 'Bridge Loan Programs' Offer Much Needed Funding Alternatives for Small Businesses and Entrepreneurs needing quick funding, states Angelo Sferrazza, Cincinnati, OHio
- February 17, 2011
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Angelo Sferrazza, President, The IL Bridge Fund llc of Cincinnati, Ohio recommends small businesses and investors consider "Bridge Loans" to fill the funding gap until more permanent funding can be accessed. "Bridge Loans" require different criteria than traditional lending and can be more accessible to those invested in small businesses.
According to Angelo Sferrazza, Cincinnati, Ohio, President, The IL Bridge Fund llc, institutional credit is still behind the curve in lending money to emerging businesses, regardless of the market demand for products and services. "This is why the 'Bridge Lending Programs' were developed," says Mr. Sferrazza, "to supply 'short-term' financing for those businesses who need more timely funding, and access to financial educational mentoring when needed."
How does a "Bridge Loan" differ from tra...
- View more at: http://www.1888pressrelease.com/-bridge-loan-programs-offer-much-needed-funding-alternative-pr-279499.html
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