The last few posts have been about the increasing availability of small business loans from “non-traditional” (not a bank) sources. The downturn in 2008 made banks all over the world very nervous – particularly for small business lending. Since then the traditional lenders have continued to shy away from small business and as a result an entirely new industry has popped up and is now considered mainstream.
Alternative lenders provide financing for Main St
I read a good article recently that is a very straightforward description of some of the alternatives out there with pros and cons on each.
click here to read the article from Business News Daily
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