Recently we discussed the rapid growth of non-bank lenders (internet loans) in the financial marketplace. Their emergence has resulted from the reluctance of traditional banks to engage in the small loans typically needed by small business owners. This new category of lending is indeed innovative, makes the process simpler and easier, and offers consumers greater flexibility in loan options. But … [Read more...]

Following the market crash of 2008, the government increased regulations and restrictions on lending practices on the banking industry. It was an attempt to compensate for their failures that contributed to the mortgage crisis and financial collapse. This ultimately, and necessarily so, made obtaining new sources of capital more difficult for both individuals and small businesses. When Small … [Read more...]