Most small business owners can identify with the challenges of getting financing for their business or funding for a new product. There’s no short, easy road to funding, most of the time, but these small business funding resources can help.
List of Online Lending Marketplaces
Business funding resources are crucial for many cash-strapped small businesses. Acquiring third-party funding is the only option to help get their venture off the ground and promote and sustain growth. Fortunately, there are plenty of online lending marketplaces where small businesses can head to in order to find the right type of funding for their specific requirements.
Business Funding Resources Your Small Company Should Consider
If you need to secure financing for your small business, take a look at the following list of online business funding resources which provide different funding options from a variety of lenders.
Biz2Credit’s innovative technology platform uses a small business’s lending requirements to help find the best business funding resources available to them. This national lending marketplace brings you a simple way to accelerate the lending process.
The platform matches borrowers to business funding resources, based on every business’s unique profile. The process is completed within minutes, in a secure, efficient and transparent environment.
The Lending Club
The Lending Club connects borrowers with investors through its online marketplace. The Lending Club screens borrowers, facilitates the transactions and secures the loans businesses need to consolidate debt, finance major purchases and more.
Fundera is an online portal where you can compare dozens of small business loan options from one convenient place. By using the Fundera marketplace, you can save significant time comparing rates from the leading lenders in the United States. By forcing lenders to compete for your business and making sure you get the best rates and terms, the Fundera platform can help save you thousands of dollars.
The Funding Circle
The Funding Circle is essentially a community of investors offering business loans to companies of all industries and sizes. Funding Circle loans are funded by a community of thousands of investors, who are looking to lend to businesses like yours.
Not only can you secure the money you need for business operations and growth, but with the Funding Circle you can benefit from a quick application process, dedicated account manager and a fast decision.
Venturize is aimed at helping organizations take control of their financial future by discovering vetted resources. This online hub for small business financing provides you with unbiased information so you can be better informed about small business lending and how to become loan-ready.
Multifunding is dedicated to helping small businesses find and secure the best financing options. The loan marketplace works with hundreds of lenders across the United States, to find businesses the best loans for their specific purposes.
The online lending portal puts you in contact with a network of lenders, to help you choose the right loan for your business.
Use the Lendio platform to match your business borrowing requirements with Lendio’s network of 75-plus lenders. Lenders make offers and help small businesses choose the best loans based on their budget, goals and unique requirements.
Kiva proudly asserts to be the world’s first online lending platform, which connects online lenders to entrepreneurs and small businesses. On the Kiva platform, you simply apply for a loan, the loan then goes through the underwriting and approval process and is posted to Kiva for lenders to support. Lenders then crowdfund the loan in increments of $25 or more.
Opportunity Finance Network
The Opportunity Finance Network is run by the National Association of Community Development Financial Institutions. The network is aimed at helping individuals and organizations secure financing where traditional financing doesn’t reach.
The network is aimed at creating positive changes across the United States by financing projects and individuals that create and maintain small businesses, living-wage jobs, community facilities and more.
SmartBiz is dedicated to making small business lending easier for businesses. SmartBiz’s innovative technology enables fast and easy Small Business Administration (SBA) loans with low monthly payments and competitive rates. With a comprehensive marketplace of SBA-preferred banks, SmartBiz platform will significantly increase the chances of your loan application being successful.
There are plenty of sites that offer business loans – too many to try and list. There are resources at the State and City level, depending on where you live, that can help you financially. There are also lists of USA State websites that offer resources or details around funding and details available on what it takes to qualify for a small business loan as well as sources of start-up funding.
We welcome you to list resources in the comments. We want to see the path to funding get easier, more transparent, and understandable for small business as a whole and we hope these resources do that for you.
If you have discovered a great resource that can help a small business owner find financing or a grant, please share it below.
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