(Newswire.net — June 3, 2013) Port Richey, Fl — There are different types of capital that companies, and businesses use to improve their plight for growth, operational management, and often times sustenance. Jim Luce, principal and founder of Consumer Financial Services- EZ Loans, most recently shared his ideas for the formulation of his business that is located in Port Richey, Florida, and Chicago, Illinois. Apparently, his background stemmed from years that he spent in the lending business with rental companies and also credit management in the jewelry business. Both sectors are drastically different in their business however both are critical building blocks to gaining a firm understanding of the use and management of credit capital.
Armed with this diverse credit background has been the impetus for the formulation of his consumer lending company. Luce talks about the primary motive for EZ Loans being his commitment towards helping his local community and the business owner and individual that can use his help. Traditional sources of lending are not always available or affordable as many find out during an economic downturn when real estate values drop. Secured mortgage financing is fine where the property valuations and appraisals can support such loans, but this s only a “one trick pony”.
EZ Loans in Port Richey services individuals for auto loans and personal loans that can provide an income verification that enables the loan process to focus on an income to expense ratio based on cash flow, not just a net worth calculation.
As with many large and Fortune 500 companies, the access to capital can make a huge difference when survival is at stake. Fixed and variable overhead expenses can make the difference when these can be met timely and over a minimum of six to nine months that can stave off credit collectors until cash flow and business revenue improves. The patient only needs enough oxygen and blood to carry through the critically dangerous period of credit squeeze. After that, the heart is up and running, just like the cash flows of a business or individual.
Contact Consumer Financial Services- EZ Loans (727) 862-2944 located at 10431 US 19 N
Port Richey, FL 34668 www.cfsezloans.com
More articles from author: