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