Tag: online lending

Alternative lenders have offered Americans a viable loan option since the Great Recession and associated legislative regulation put a strangle-hold on traditional business lending. The number of alternative lenders has grown exponentially in the past several years, making online loans and alternative financing easier than ever to obtain. And yet there have been some major concerns about this segment of the loan market. There have certainly been many horror stories reported about astronomical interest […]

Small business loans from traditional banks and lenders are often considered the gold standard among business owners. They typically offer the lowest interest rates, the most generous loan terms and the highest dollar amounts. One of the long-standing drawbacks to traditional business bank loans, however, is that they often take weeks or months to secure. The application process can be tedious and resource draining, and even when a business owner has the good credit and assets to qualify, he may […]