7 Reasons Alternative Lending to Small Businesses Has Exploded
When a small business can’t get a loan from a bank, they’ve increasingly been turning to alternative lenders. These lenders — OnDeck, CAN Capital, LendingClub, LenCred, Rapid Advance and many others — are willing to take on more risk, provide capital faster, and require less documentation than the big banks.
But why exactly has alternative lending exploded so much in the past few years?
Check out the infographic below on the seven big reasons alternative lending has become so popular for small businesses.
Latest posts by Meredith Wood (see all)
- This Family of Furniture Designers Takes an Artistic Approach to Business (Video) - December 5, 2016
- 7 GIFs to Get You Pumped for Small Business Saturday - November 21, 2016
- The 4 Biggest Factors Affecting Your Commercial Financing Chances - November 18, 2016
Small Business Grants: Check Out this List of the 108 Best Options
Ben Rashkovich / Dec 15, 20159
Want to Be Successful? Try One of The 5 Most Profitable Industries
Meredith Wood / Feb 10, 20165
Dreaming of Starting An Event Space? Here's the Secret to Success
Eric Goldschein / May 3, 20165
7 Red Flags That Might Get You Audited by the IRS
Amanda Cameron / Jul 15, 20165
New to Selling on Amazon? Don't Worry. Here's How to Do It.
Meredith Wood / Aug 19, 20154