Home Page : Archive News : February 2011 News : Angelo Sferrazza, IL Bridge Fund Cincinnati, Ohio Offers Customer Focused Financial Relationships and Bridge Funding alternatives to Clients Business Needs

Angelo Sferrazza, IL Bridge Fund Cincinnati, Ohio Offers Customer Focused Financial Relationships and Bridge Funding alternatives to Clients Business Needs

February 09, 2011

According to a recent report by JD Powers, Small Businesses are disappointed in their current banking relationships and seek better access to account managers, knowledge and accountability. The IL Bridge Fund, Cincinnati, Ohio offers new programs to meet these small business needs as well as Bridge Funding Alternatives.

Angelo Sferrazza, President, The IL Bridge Fund, Cincinnati, Ohio works with Small Businesses as a Financial Partner, focused on collaboration, open door policies and good working relationships. All items that are considered important to small business owners. According to consumer satisfaction research from J.D. Power and Associates those needs are going unmet by many financial institutions. Compared to 2009, this is the second consecutive year that overall customer satisfaction among small business banking customers has declined.

"It is more important than ever to become advocates for accessible and timely Small Business funding and building stronger more accessible relationships with those seeking funding," says Mr. Sferrazza. It should be easier for business to find funding relationships to ensure success in the communities around the county and further improve economic development. "This is why the 'Bridge Lending Programs" were developed to supply 'short-term' financing for those businesses who need more timing funding with less stringent lending criteria, and financial educational mentoring when needed."

To aid customer satisfaction, The IL Bridge Fund has recently updated the company's 'Bridge Lending Programs' making it easier for those investors needing immediate funding to apply to the program. The "Bridge Lending Programs' now:

• Offers faster response to applications
• Streamlines Business Investor applications
• Streamlines Real Estate Investor applications
• Provides more responsive customer service
• Adds additional business resources

The IL Bridge Fund was created by Angelo Sferrazza in 2009. The IL Bridge Fund, an Ohio Limited Liability Company, is the funding source for Mid-market Emerging and Existing Companies and Real Estate Investors that have valuable marketable assets that can be used to secure an initial bridge loan (short-term). This approach and overall goal of The Bridge Funding Program is to provide the time needed for companies to secure more permanent funding from traditional lenders (Banks), or investment organizations. This is based on allowing companies the time to validate their businesses. The IL Bridge Fund has funded millions of dollars in transactions to date.

http://www.ilbridgefund.com

Source: http://www.1888pressrelease.com/angelo-sferrazza-il-bridge-fund-cincinnati-ohio-offers-cus-pr-277453.html
 
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