ARC LOAN same day approval

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ARC Loans with instant approval are not here yet. Why not? The government has specific requirements for ACR loans. By signing up with some shady lender who promises with impossible, you can lose a lot of money and time trying to get the ARC loans. The horror stories are just beginning.



Karen has a business that she has been struggling to keep above water. She saw an ad in the newspaper for a place that helps you see if you are qualified for the ARC Loan. For $150 bucks, they would look over her business and tell her if she qualified for it. She ‘read’ into that. She assumed they would help her with getting an ARC Loan. She went into the office paid her fee and filled out paper work.  This began a long line of endless paper work. Distractions from her actual business caused delays and even less income.

She was told there were a few corrections she needed to make in order to be able to apply for the loan. The company offered to make the corrections for a fee. The fees were running close to $3,000 after 45 days. The company then offered her to apply for an ARC loan with loan application fees of $1,500. She paid that and was not approved.

Unhappy about this outcome, she complained, however the company had done everything they said they would do. They never disclosed who the company they were applying to was, so she had no direct recourse. The first mistake is that she never had a clear understanding of ARC Loan requirements in the first place. She started off thinking they would save her time and money from research. That could have been the case; however, since the company had a direct connection to making changes, they may have led her astray in order to bill her.


I am hearing from people daily about their experience with ARC loans. The names are changed; the stories are starting to be very similar. Being armed with knowledge is important:

Grab your free audio cd on ARC loan information at


How to Work with Less Small Business Loan Options

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This article will give you some ideas on what loans are available for the small business owners and how you can use them to grow your business.

 The hardest thing about being in business can be getting working capital in tough times. While more sales is ultimately the best way to work out of a tight money situation, many business owners look at getting business loans. It is exciting to think that President Obama is thinking about small business owners and trying to put something in place for us. Right now the reality is a little different. Business owners need to have a deeper understanding of what is going on around them.

Wright Place TV Show is located near Los Angeles and the Santa Ana SBA office serves us. They have admitted that only 10 out of the 250 banks registered with them have contacted them to say that they are participating in the ARC loan program. When I asked viewers for their personal experiences of trying to get an ARC loan, all of them related negative experiences. The bank personnel didn’t not know anything about ARC loans.  One viewer says the bank he went to told him that they had no more applications. In the world where banking is run on computer, it is hard to think a paper application was the only way he could apply.


In the past, business owners have used Business Cash Advances, Equipment Collateral loans and SBA guaranteed loans. You can get a business cash advance loan even if you have tax liens and credit issues. A traditional bank will not want to work with that. Business cash advances are given without a personal guarantee or collateral. It can be expensive yet quick to get. A Streamlined Business loan is also known as a merchant cash advance. You use your personal guarantee to cut down the cost of the working capital loan significantly. For people with credit score of 690 or higher and 2 years of tax returns, the applications will be processed quickly.

If you opt for an equipment collateral loan, you will give a personal guarantee and the equipment for collateral. If you are buying brand new equipment, this is how you would finance it. Used or already owned equipment will get you about 50 % of the value in hard cash. Again, you must have good credit, the collateral and a personal guarantee.




Private money is an option which is often overlooked. Sometimes when only a small loan is needed this is a good way to go. For those still investing in real estate, private money is a fast way to go. Finding places through can help you connect to the money and investors quickly.

Next Steps: Look at what is available to you from SBA, then look at private money at And grab your free EBook on private money at


ARC Loan Mistakes

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This article will cover the mistakes business owners make in trying to get and ARC loan and what you can do to avoid the same mistakes. Mistakes are time wasters and time is of the essence when it comes to getting the ARC Loans.

Mistake 1: Not understanding there is a time limit. Yes, ARC loans became available      in June of 2009; however, there will not be there forever. By knowing the deadlines and anticipating how much time it will take you to apply, you can avoid rushing. Rushing your paperwork will cause you to forget or leave out important information. Information gathering will be vital to creating an application that will get you the money.


Mistake 2: Not asking for the top amount. You need to know the maximum amount you can ask for and ask for it. This will bring you up to date with a lot of other bills. People are afraid to ask for more than they ‘need’. If you business is to expand, you have to do more than just get enough to keep you going. You have to get enough to go past survival and into Thrive. Ask for the proper amounts.

Mistake 3: Applying to the wrong banks. Not every bank will be doing these loans. Many banks do not think these loans will help. They think of the loans as being a problem in the long run. Some banks who are saying they are doing the loans are not up and running yet. I have had people write me at the Wright Place  TV Show and tell me, the bank they called, didn’t have the paperwork and were not ready to take applications. Some banks, no one knows anything about the ARC loans, or who they work. So do not waste time running from bank to bank. Start with your own business bank. You have a relationship with them and you can easily speak with someone who will tell you, what your bank is willing to do.

For more information on ARC Loans, grab your free audio cd at



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