Alternative Lending Sources for Merchants
Whenever a business has got any sort of credit issue, or if a business must borrow for 6 to 12 months instead of 4 – 7 years, traditional financial institutions won’t work with them. Start up businesses, with only $5 million in annual sales, are especially vulnerable right now. On account of limited traditional bank lending, small business owners they need to consider different solutions for financing requirements. There are a variety of loan solutions to assist these businesses. One of those sources is the stock-based loan. In essence, you pledge stock you have as collateral to a lender, which will lend you cash. Our site gives info on many alternate kinds of funding — see the links below for information on particular types of funding. You might also want to check out Bloomberg article on alternate financing.
Small Business and Financing Video