Description
Over the past 10 years the alternative business lending space has evolved dramatically. After the 2008 credit and banking crisis banks were forced to tighten their lending criteria. When this happened the American small and medium sized business suffered from the inability to borrow. As any business owner knows, the ability to access working capital is crucial to growth and success. So with tight banking restrictions in place, an opportunity for private financial institutions to package loans and working capital products for the American small and medium sized business was created.
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