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June 10, 2013

Dell & Intel Study Says Small Businesses to Bounce Back; Sunovis Financial to Offer Support



Small and medium businesses comprise the backbone for every healthy economy. It is imperative that these enterprises are provided every possible help and support so that the overall economic scenario remains holistically balanced and positive.

While the past few years have been quite stressful for the small and medium enterprises, things are finally changing for the better, according to the latest research conducted by Dell (News - Alert) and Intel. Sunovis Financial, a company that specializes in helping small business owners gain access to capital by emphasizing upon Micro loans that are non-bank cash flow loans, has referred to the study and indicated that it is ready to offer help to the small enterprises with access to capital.

This research implies that evolving the small business owners in the U.S. have now been thinking of growing their businesses in the year 2013. It further states that among all business owners that had been surveyed during the course of study around half have been planning strategies for growing their overall business activities during the current year, while around 38 percent of them have emphasized long term growth instead.

“The past five years have been extremely difficult for the American small business owner, but with the return of the consumer to the economy, small businesses are looking once more to grow,” commented Terry Robinson, president at Sunovis Financial. "We have been assisting many gain access to capital through Micro Loans."

Further, the research says that these small business owners have primarily aimed at domestic growth as the main goal. Around two thirds of them find that global markets do not make a large difference to their overall business. Similarly, more than three fourths of the total small business owners realize that leveraging new technology has played a vital role in their growth and expansion. While around 90 percent find their technology needs to be fulfilled satisfactorily, some of them still feel they need to focus upon this aspect in the future.

More than 40 percent of small business owners expressed that the complexity of their technology related requirements has consistently increased so that they have to offer special attention towards technology implementation.

In December 2012, Sunovis Financial and its division The Lending Circle announced the Short-Term Micro Loans for Business that can be approved in a few days and funded within several weeks. This division aims to support small business owners that have been facing a tough time getting bank loans and credit since 2008.




Edited by Alice Koganova
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