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No Collateral Working Capital Loans To Prevent Business Closure Announced

Portnalls (307-218-9121) showcases a zero-collateral working capital program to help American entrepreneurs cover planned and unexpected expenses.

Portnalls continues to expand its lending services by connecting business owners with a panel of lenders who now offer working capital loans without minimum credit score requirements. These second-chance loans help American entrepreneurs stay in business and are based on a pre-qualification checklist that considers a borrower's projected cash flow, debt summary, and other factors typically ignored by traditional lenders.

More information is available at https://www.portnallsllc.com/business-finance

The U.S. Bureau of Labor Statistics estimates that 45 percent of American private sector establishments fail within the first five years, a trend since the 1990s. The lack of working capital is cited as one of the top contributors to failure and Portnalls helps businesses avoid closure through an infusion of capital that can fund hiring, equipment purchases and property development.

Through Portnalls, businesses can qualify for loan amounts ranging from $25,000 to $10 million. Lending partners discuss loan terms directly with each borrowing business and requirements may vary from business to business.

By working with multiple lenders, the company can present customized offers to businesses across sectors and works with businesses that have been denied funding in the past. A broad lender panel allows businesses to finance large-scale changes including opening new branches, capital expenses, inventory purchases, equipment upgrades, and payroll, and new hires.

Portnalls loans are often funded in a few days and are available to businesses across industry sectors including e-commerce, property development, construction, transportation, medical, dental, food & beverage, hospitality, and wholesale distribution.

Qualifying businesses can access quick unsecured funding against receipts, invoice factoring, and other options to avoid closure. Applicants can begin the process of securing funding by filling out a questionnaire on the Portnalls website.

"Our key differentiators are that we offer one simple and fast application that unlocks multiple offers with larger amounts, lower rates, and longer terms," explains a spokesperson for the lending platform. "Most programs require no minimum credit score and no real estate collateral."

For more information, visit https://www.portnallsllc.com/business-finance

Contact Info:
Name: Thomas McCready
Email: Send Email
Organization: Portnalls
Address: 30 N Gould St, Ste 21789, Sheridan, Wyoming 82801, United States
Website: https://www.portnallsllc.com/

Source: PressCable

Release ID: 89127775

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