Business Loan Application Process

How Technology Changed the Lending Industry

The online lending industry has been growing over the last couple of years at an incredible pace. Whether for business or personal, more loans are originated online than ever before. The industry was basically born out of the financial crisis. At the time banks were subjected to tougher regulations. To make matters worse for those […]

Small Business Lending After the Recession

There has been a lot of controversy lately over who is responsible for the small business community’s struggles with finding loans. Any business owner looking for a small business loan today knows how difficult it can be to find a lender willing to give their business money. Since the financial collapse of 2008 the access […]

Why Bad Credit Does Not Scare Lenders

Bad credit can make it difficult to obtain credit in almost type of financing, so why are there so many lenders willing to provide business loans with bad credit? First of all, although bad credit demonstrates a borrower’s inability to pay their bills on time in almost every aspect of life, in the business world […]

Business Loan Competition is Great for Borrowers

The business loan industry has become very competitive as a result of technological advancements. At one time banks were the main providers of funding to small and medium sized businesses, and their only competition was mainly with each other. Now banks must compete with online private lending organizations, social media lending networks such as crowdfunding […]

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