Quick Loan Arena is published and owned by Skytrend Consulting Ltd, an accounting and financial services solution company.
We have been in the business of providing accounting and financial services solution to small and medium scale businesses for 7 years and still counting.
However from our vast years of experience and dealing with clients, we have discovered that one major hold backs of small businesses is inaccessibility to quick loan services to aid their productive expansion and working capital.
Small businesses need Quick loans to sustain their working capital requirements, to invest and expand their productive capacity for better output and increased bottom line. Without the access to funds and funding options which most times are through loans, small businesses run the risk of becoming stunted, unproductive and unsustainable.
Why is this a problem?
Let’s take Nigeria as an example, small businesses contribute 48% of national GDP, account for 96% of businesses and 84% of employment. According to the Nigeria Bureau of Statistics, (NBS), small and medium scale enterprises (SMEs) in the nation have contributed about 48% of the national GDP in the last five years.
Such a major business segment that takes care of 84% of the employed population should not be left to chance in terms of funding.
Individuals also need quick loans to meet their payment obligations sometimes before their salaries are paid.
Salary earners and self employed people and sometimes the business owners themselves need personal quick loan to settle financial obligations fallen due before the end of the month when they collect salaries or earnings.
Probably the most obvious reason to consider a small business loan is to invest in an expansion opportunity for your business. When business is booming, continuing to grow your business can help ensure that your profits don’t plateau or shrink. Other reasons include inventory purchase, working capital, equipment acquisition.
Skytrend Consulting Ltd, the leading accounting solutions service provider for small businesses in Nigeria, and the owner and facilitator of Quick Loan Arena is thus devoting an exclusive blog to this vital area of financing.
The Publisher, Femi Adeoya who is the CEO of Skytrend Consulting Ltd, is a professional Forensic accountant and a Certified fraud examiner. He has over 20 years professional work experience cut across different segment of business across Nigeria. He has implemented quick and long term loan for different organizations during his professional work and he is also an expert in accounting software solution for small and medium scale businesses.
We will be discussing topical issues on how small and medium scale businesses and individuals can obtain quick loans for their business expansion and individual financial obligations respectively. We started this special publication in our Skytrend Consulting blog and we have become overwhelmed by the massive readership and responses and we decided to create a unique blog exclusively for discussing and helping our readers and business owners in this direction.
Our focus shall be everything and anything about Quick Loan for individuals and small businesses in Nigeria, United States (US), United Kingdom (UK), and Canada.
Stay tuned with Quick Loan Arena and follow our social media pages and enjoy our robust releases.
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