Financing Your Business: 14 Funding Options Beyond Traditional Bank Loans

alternative lending small business loans

Small businesses have a variety of funding options beyond traditional bank loans. These options include SBA loan programs, institutional lenders, crowdfunding, venture capital funds, and more. Each option has its own advantages and requirements, so it’s important to carefully evaluate them before making a decision. Factors to consider include interest rates, repayment terms, credit scores, and industryspecific options.