Traditional Small Business Lenders: Watch Out, Alternative Lending Is Gaining Steam

On the 25th of April 2014 Forbes.com published an article of non-traditional financing for small and medium sized businesses (SME's) which is a subject that I am well versed in therefore I took the opportunity to share extra information that might be of benefit to readers who are seeking either startup or expansion capital.

The full article can be located on the Forbes.com website and my selected comment can be read below.

"Traditional SME financing has come from the standard financial institutions however since the economic crash of 2008 management are now looking for other funding options.

In relatively recent years we have seen the growth of founders aimed specially at small and medium businesses. From credit / debit card transaction advances to inventory backed loans and cash-flow lending to corporate equipment leasing the options open to today’s businesses are far better than they were just a few years ago.

We have also seen an increase in governments globally increasing tax and other incentives for carrying out research and development which creates long term high paying jobs that stimulate the local economy.

Any business looking to grow should invest in engaging a suitable consultant if corporate finance is not in their wheel house."