2013-10-15 01:32:02 -
AUSvance, the leading provider of alternative lending solutions for small and medium sized enterprises (SME) in Australia, announced today an additional $25 million credit line, which will allow the company to provide additional finance to businesses nationwide. The new credit line is the latest milestone achieved by AUSvance. The company recently celebrated its five-year anniversary.
Founded in 2008, AUSvance was a pioneer in the SME market as the first company in Australia to offer creative alternatives to traditional bank loans. Five years on, AUSvance continues to provide business owners with fast and unsecured business loans via innovative lending methods such as their Merchant Cash Advance (MCA). AUSvance MCAs are available to SMEs that accept credit or debit card payments from their
customers and provide an alternative to more traditional methods of raising working capital by leveraging and selling a percentage of their future EFTPOS transactions from the businesses customers. The new line of credit further demonstrates the acceptance of AUSvance’s exceptional financing model within the SME marketplace.
“We are committed to supporting the SME market by assisting them where the big banks have failed,” said Managing Director, John de Bree. “Our unique unsecured funding solutions have a 95 percent approval rate.”
With a team of experienced sales, marketing and customer support professionals, AUSvance has become the largest provider of business loans & MCAs in Australia and one of the fastest growing financial service companies dedicated to supporting SMEs nationwide, providing individual businesses up to $150,000 in unsecured funding.
To learn more about AUSvance, visit www.ausvance.com.au : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww ..
AUSvance is a national financial services company that provides unique finance solutions in the form of Business Loans & Merchant Cash Advances to the SME market. AUSvance has one of the simplest application processes with terms that work with any business cash flow, plus a 95% approval rate. Founded in 2008, AUSvance is now the leading provider of UNSECURED business loans & Merchant Cash Advances in Australia. For more information, please visit www.ausvance.com.au : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww ..
" title="http://cts.businesswire.com/ct/CT?id=bwnews&sty=20131014005031r1&sid=16929&distro=ftp\"/>" target="_blank" rel="nofollow">cts.businesswire.com/ct/CT?id=bwnews&sty=20131014005031r1&am ..
AUSvanceMegan Humphries, 02 8006 8787 firstname.lastname@example.org