We can probably all agree that taking out a small business loan is right up there in popularity with root canals and public speaking. Financial regulations and loan costs have forced many banks out of small business loans, making Main Street dreams increasingly difficult to achieve. But if you're in the market for a lender, there are solid reasons to consider traditional banking alternatives.
Peer-to-peer (P2P) lending, which takes investors straight to the source to invest in small business and personal loans, might be an option. Advantages include:
If I can help a business owner create the brand they're looking for, my job is done.