Low-Cost Loans for Small Businesses Turned Down by BanksBy
It’s an old story: Bank lending to small businesses went away during the financial crisis and never came all the way back. Tighter lending standards created space for alternative lending models, most of which offer access to capital at sky-high interest rates. In other words, you can get a loan, and you can get it fast, but it’s going to cost an arm and a leg.
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