The alternative lending industry may be relatively new, but it already has many layers, branches and specialties to provide additional cash flow to businesses that don’t qualify for traditional bank loans. Here is a behind the scenes breakdown of the divisions of the funding industry and general overview of how an application becomes a deal.
Finance conventions are one of the best things to happen to the industry since online banking. They allow people passionate about their work to stay up to date on the industry, network with like minded individuals and companies, and take a mini vacation! You can’t put a price on hands on experience, but if you
Bankers, accountants and funding specialists have an undeserved reputation for being dry and humorless. That is completely false, as shown by these A+ finance memes currently circulating around the internet. Know of any finance memes not shown below? Tell us in the comments below!
No matter how you’re going about getting funding, alternative lenders, banks, private equity firms, venture capitalists, and other investors need to be sure they will get a return on their money. In order to ensure your company is a safe financial investment, you must have the following business funding qualifications: Have been in business for
The cannabis industry is smoking hot right now, with every legalized state adding more and more merchants and customers to the economy. And yet, new businesses are struggling to find the loans and cash advances necessary to start up and grow. What gives? Legal Restrictions To start, the legalization of marijuana varies state by state
Small business owners can be hesitant to utilize the alternative lending industry because they don’t understand the terms being used. But receiving extra working capital is a common way for businesses to get ahead or even stay afloat by increasing their inventory for seasonal rushes, aiding in expansion, updating technology, and more. To help with