You Want A Small Business Loan For What?

Alternative, or non-bank financing for small business has been in the news a lot lately. Talking about this the other day with Charles Green of the industry newsletter Coleman Report, he suggested that neither bankers nor small business owners really know what they don’t know—which makes all the news difficult to understand unless you’re in the thick of it. Most of the new loan products are designed for a specific loan purpose, not a fixed term or low interest rate.