Data Says Small Businesses Can’t Bank on Traditional Loans. Here’s Six Alternatives

Small businesses struggled to get loans approved from traditional banks in 2021, with only 14.7% having success despite 85% of small businesses experiencing financial difficulties. Host Gene Marks offers the pros and cons of six alternative funding sources, including online lenders, government-backed SBA loans, merchant advances, credit cards, and more. Check out this week’s “On the Mark” podcast for details. Listen here.

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Columnist on smallbiz, economy, public policy, tech for The Guardian, The Hill, Philly Inquirer, Wash Times, Forbes, Entrepreneur. Small Business owner and CPA

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Gene Marks

Gene Marks

Columnist on smallbiz, economy, public policy, tech for The Guardian, The Hill, Philly Inquirer, Wash Times, Forbes, Entrepreneur. Small Business owner and CPA

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