Month: September 2020

It’s no secret that after the financial crisis of 2008, banks were more stringent in screening a business loan applicant. Fewer business loans were approved, especially small loans, as they are less profitable.  This caused small business owners to turn to direct lenders, also known as alternative financing companies, for the funding they needed. What […]

Small businesses have been hit hard during the COVID 19 pandemic. Unfortunately, many didn’t survive. Of those that have, some were lucky enough to qualify for the Payroll Protection Program. The funding provided by this program may have been the difference between surviving the economic impact of the pandemic and closing their doors forever. While […]