menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Startup News

>

How Altern...
source image

Gritdaily

1M

read

270

img
dot

Image Credit: Gritdaily

How Alternative Lending Empowers Today’s Entrepreneurs

  • Traditional SBA loan process is becoming more complicated due to regulatory changes, affecting entrepreneurs relying on revenue-based financing or merchant cash advances.
  • Alternative lending, powered by fintech, offers quicker access to capital, simplified processes, and transparency compared to traditional bank or SBA options.
  • Fintech marketplace 1West, led by CEO Kunal Bhasin, syndicates loan applications across multiple lenders, providing speed and flexibility in funding within 24 hours.
  • Amidst banks approving fewer small business loans, alternative lending is redefining capital flow with sophisticated algorithms, clear pricing, rapid responses, and a focus on transparency.

Read Full Article

like

16 Likes

For uninterrupted reading, download the app