Tag: small business bank loan

The biggest challenge most small businesses face is access to capital. Small businesses need lots of cash to get off the ground, to grow and to expand. It is hard enough for most business owners to get a loan from their local bank, but for some it is almost impossible. These are the “credit invisibles,” according to a recent survey from the Consumer Financial Protection Bureau. The report found that there “that there are 26 million adults in the United States without a credit record. This […]

While P2P loans offer some great benefits for business owners, traditional bank loans are definitely not falling by the wayside just yet. Here’s how they stack up against each other