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  1. #1

    Nontraditional lenders rising in importance for small businesses


  2. #2
    A forum user Reputation points: 2147483647 Sean Cash's Avatar
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    for anyone that can't see the article because they don't have a subscription, try this hack:

    1. copy and paste the wsj title into google search: Alternative Lenders Peddle Pricey Commercial Loans

    2. click the article in the results

    3. bam, you're in.
    ----

    Let's not copy & paste the article in here for the sake of the copyright infringement liability.
    Last edited by Sean Cash; 01-08-2014 at 11:00 AM.

  3. #3
    It was interesting to read that on deck approves 25 percent of applicants- that means 75 perc of applicants are left underserved by their loan platform. I have watched these companies go public an talk about how expensive mcas are but if we really talk data, wouldn't it make sense to say that both loans and mcas need to work in conjunction to serve the marketplace who needs funding?

  4. #4
    Veteran Reputation points: 134971 Chambo's Avatar
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    Quote Originally Posted by MCAVeteran View Post
    It was interesting to read that on deck approves 25 percent of applicants- that means 75 perc of applicants are left underserved by their loan platform. I have watched these companies go public an talk about how expensive mcas are but if we really talk data, wouldn't it make sense to say that both loans and mcas need to work in conjunction to serve the marketplace who needs funding?
    When you are passing off your declines for kickbacks....it pays on both sides

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