Does the thought of applying for a traditional small business loan make you break out in a cold sweat? If you’re like a lot of small business owners, a traditional loan simply isn’t a possibility. Your business might not generate the kind of cash flow traditional lenders want to see before offering a loan. You [...]
Are you a small business owner who needs a loan? Alternative lending is an option that could help finance your business, and there are steps you can take to help prepare your business for funding.
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Accion Texas has changed its name to LiftFund in order to reflect the company's growth and new reach. In 1994, the company made loans of around $25,000 to small businesses in Texas. Now, the company makes loans up to $250,000 and works with the Small Business Administration to make loans up to $5.5 million. It has [...]