Small Business Lending

Written by Josh Dodes
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Looking for a small business lending resource, but concerned about your capacity to keep up with loan payments? You are not alone. Fortunately, you are no longer out of luck. That's because, in the last few years, for the first time, a handful of innovative small business lenders has dramatically altered the means by which even the smallest business owners can now acquire the working capital they need.

When it comes to repayment, these alternative lenders distinguish themselves by imposing neither fixed payments nor a fixed timeframe for the loan itself. Because they clearly understand the extent to which small-business profits can fluctuate over time, these unique firms have introduced a structure that allows you to pay them back only when you get paid. In this respect, alternative lenders offer all of the benefits of their traditional counterparts, without the drawbacks.

How Alternative Small Business Lending Works

Alternative small business loans are both more accessible and more palatable to smaller businesses because they are not predicated on your ability to back the loan with collateral or a guarantee of payment in the short term. Instead, they are predicated upon your willingness to sell the lenders a fixed dollar amount of future sales, which you then deliver as a percentage of each credit card transaction you complete. That means money when you need it, and repayment only when you can afford it.

The future of small business lending is here today. In a small business economy that becomes more competitive by the day, the time to consider this alternate type of small business lending is today. If you're serious about not just staying afloat, but thriving, it is incumbent upon you to consider your full range of options with all speed.


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