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Data Says Small Businesses Can’t Bank on Traditional Loans. Here’s Six Alternatives

Gene Marks, Host of On the Mark
Gene Marks, Host of On the Mark

Summary

Small businesses struggled to get loans approved from traditional banks in 2021, with only 14.7% having success despite 85% of small businesses experiencing financial difficulties. Host Gene Marks offers the pros and cons of six alternative funding sources, including online lenders, government-backed SBA loans, merchant advances, credit cards, and more. Check out this week’s “On the Mark” podcast for details.

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