Business loans have increasingly become more difficult to obtain for small business owners. In fact, about half of all new establishments survive five years or more and about one-third survive 10 years or more. With strict lending requirements and the extended application process of traditional banks, more and more small to medium sized businesses (SMB) are turning to alternative lending for their business loans. Check out these facts and stats about alternative business loans with SnapCap.
A Snapshot of Alternative Lending with SnapCap by SnapCap is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License