The IL Bridge Fund llc Business Lending Program Leads to Individual Job Creation for 320 People says New Survey

The IL Bridge Fund llc Business Lending Program Leads to Individual Job
Creation for 320 People says New Survey
(1888PressRelease) Alternative funding, such as Bridge Fund from The IL Bridge Fund llc can
step in when traditional lending criteria creates a roadblock, and loan timing is critical," says
Angelo Sferrazza, President of The IL Bridge Fund llc located in Cincinnati, Ohio. In 2011 he
suggests looking for other funding alternatives in the marketplace that do not depend upon
traditional lending to start a new business
(1888PressRelease) Institutional credit in 2010 was still behind the curve in lending money to
emerging businesses, regardless of the market demand for products and services," says Angelo
Sferrazza, President of The IL Bridge Fund llc. Recent regulations for business lending criteria
have made it difficult for small business to acquire funds for business creation. He expects 2011
to be more of the same. This is why The IL Bridge Fund Lending Programs" were developed to
supply 'short-term' financing for those businesses who need more timely funding.

"Traditional lending regulations and lack of timely response to small business needs is putting
the brakes of small business development and job creation. We need to start thinking creatively
about funding so we can really get this economic recovery back on track," explains Mr.
Sferrazza.

According to Governor John Kasich, job creation will be a primary focus in 2011; but it won't
happen without funding. Clients of The IL Bridge Fund llc agree. According to a recent survey
of past and current clients who benefited from Bridge Funding from The IL Bridge Fund llc., 22
businesses were able to have a median impact on 320 individuals in Job Creation or family and
community economical benefit. These individuals ranged from the employer and employees to
the industries and suppliers. Clients questions addressed the need for timelier funding programs
and flexibility on the criteria used in the decision making process. Almost all agreed that seeking
funds in today's climate is both frustrating and difficult or non-existent.

"Today it's more important than ever to become advocates for accessible and timely Small
Business funding," says Mr. Sferrazza. With the unemployment figures hovering near double
digits many people are turning to creating small businesses for better control over their finances
and futures. Angelo Sferrazza believes there is an immediate need for alternative lenders and
traditional lenders to respond to that need. These results are directly in line with the 'Jobs Ohio'
initiative that is proposed by newly elected Governor, John Kasich.

The IL Bridge Fund llc was created by Angelo Sferrazza in 2009. The IL Bridge Fund llc, an
Ohio Limited Liability Company located in Cincinnati, Ohio, 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 to

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funding provides the time needed for companies to secure more permanent funding from an
institution, or investment organization. The IL Bridge Fund has funded millions of dollars in
transactions to date.

http://www.ilbridgefund.com
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