Benefits of Online Lenders for Business Loans

Presented by

Gerri Detweiler

About this talk

Any lender can put their small business loan application online. But a true online business loan usually refers to one that is processed fully online. These loans are often faster and more flexible than traditional term loans issued by banks and credit unions. For many physical and online businesses, qualifying for an SBA loan or other financing from a traditional lender isn’t an option, maybe because they have low credit scores or haven’t been in business long enough. In that case, borrowing from an alternative lender could be a viable way to get working capital. In this webinar, we'll present the benefits of online business loans to help you evaluate if one might be a good fit for your business. Traditional business loans don't always align with a business's needs and qualifications but many small business owners are hesitant to look at online options. We'll help you feel more confident in your decision to apply for online financing and show you what to look out for when you're comparing options.

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