Buddy, can you spare a dime?
October 17, 2008 | alternatives | Comments (0)Peer-to-peer lending is increasing during the credit crunch:
Americans are amazingly adept at finding new ways of financing their businesses. Two of the newer methods available are business cash advances and peer-to-peer lending via the Internet.
Unsecured business cash advances drawn on future credit card sales are becoming increasingly popular among small businesses. The funds are generally available within days rather than the weeks required for banks to sort through their paperwork, and because the funds are based on “plastic” sales to be made in the future, not on credit utilized in the past, no credit check is required. Think of them as payday loans for businesses.
American entrepreneurship comes through in a crisis. The Payday Pundit loves it.
Comments»
No comments yet.