Applying for an SBA Loan vs. Funding From an Alternative Online Lender

Found this post over at business.com and thought it was super helpful.

Getting a business loan of any kind requires some planning.

By gathering the required information and documents ahead of time, the whole process can go easier, so we designed a free, downloadable checklist to navigate the process.

Start by doing a little research on the kinds of documents required for all different kinds of business loans and carefully consider the options.

You can apply for a loan directly from the federal government through the SBA, or Small Business Administration. Traditional banks and alternative online lenders are also great options. Alternative online lenders, due to speed and the ease of their application process, are becoming increasingly more popular.

Read More

Advertisements