Unsecured Business Credit: Rebuild After Hurricane Sandy

It’s been nearly two months since Hurricane Sandy blew through the East Coast leaving damage and devastation in her wake. And yet, it seems our attention span is much like Mother Nature herself,  present one minute and gone the next. We may not hear about the destruction every time we turn on the nightly news, but it is still a very real and daily struggle - just ask the people who are living through it.

Natural disasters don’t discriminate. From shipping yards to historic watering holes, small businesses to homes, there are a lot of remains to rebuild. That’s where Advance Funds Network (AFN) unsecured business lines of credit can lend a hand.

Insecure Times Call for Unsecured Funds

Natural disasters have a way of forever altering a city’s infrastructure, especially when they are as powerful as Hurricanes’ Sandy and Katrina.

When Katrina hit, many city dwellers left New Orleans never to return. This made a difficult economic recovery even harder. A city that was once bustling with energy and life had to rebuild itself in the shadow of disaster. To this day, cleanup efforts continue along the Gulf. AFN doesn’t want to see a similar mass-exodus on the East Coast. That’s why they’re getting the word out about unsecured business lines of credit.

A credit line works similarly to a credit card. Upon approval, you are given a flexible spending limit. You will be able to draw from the account as needed. Pay off the balance and continue to use as often as you need to.

The Silver Lining

There are several advantages to unsecured business lines of credit:

• They are collateral-free. This is good news during times when collateral is hard to come by.
• Approval is quick. Another plus when you’re waiting for insurance, bank processing and other assistance.
• Rates and fees are reasonable: a money-saving option right when you need it.
• The funds are unrestricted and reusable; use what you need, pay off the balance, and keep the credit line as a contingency plan.

Unsecured business lines of credit help you get on your feet and stay on your feet. That’s the ultimate goal of unsecured lending: to be available when you need it and invisible when you don’t. It’s not about creating a cycle of debt; it’s about help in emergencies. Hurricane Sandy definitely qualifies as an emergency.

If you need immediate funds and you don’t know where to go to get them, AFN can help. A representative can walk you through the application for an unsecured business line of credit. You can get the money you need within 48 hours.

AFN understands that properties, businesses, and homes aren’t the only things that need rebuilding after a disaster. The account works to get you the immediate help you need and rebuilds your credit over time. So if you are interested in learning more about how unsecured funds can be the ultimate restoration project, contact AFN today. Representatives are ready and waiting to help you.