Business Insight: Alternative lending can help small businesses

Business Insight: Alternative lending can help small businesses

Published Sep 7, 2012 07:22AM MDT
Eric Myers, marketing director at TAB Bank in Ogden, says that without access to sufficient financing or liquidity, many small companies have struggled. For some, alternative financing might be a way out. What businesses are ideal for alternative lending? Asset-based lending helps businesses that have a high percentage of current assets, have seasonal or cyclical natures and are looking to expand their business or need more flexible financing. Startup businesses, fast-growth companies, busi...
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