Online lenders fill a gap that traditional banks have left empty. They can offer loans to small businesses in under 24 hours, made possible by the utilization of technology. For the added convenience and flexibility, online lenders usually charge a higher fee.
—————————
Looking for business capital? Visit https://smarter.loans/business-loans/
Video by:
Amy Orr is a professional writer and editor with over 10 years of experience in the Canadian, U.S. and U.K. financial markets. She has written for numerous publications on topics as diverse as economic literacy, corporate finance, and technical analysis of numerical data. Prior to transitioning to full-time writing, she worked in the hedge fund sector. Her academic background is astrophysics, and she has a Masters in Finance from the University of Edinburgh Business School.
