DANGER! The pitfalls of online business funding.
Small business lending by banks is shrinking. At the same time, online funding options are growing-- and are faster and easier. But there are pitfalls, like higher interest rates. We’ll detail the pros and cons of many of the online funding options, including:
- Merchant Cash Advances
- Factoring
- Peer to Peer Lending
- Crowdfunding
- Online Equity