Alternative Financing is a type of credit and loan that provides access to capital for businesses and individuals who may not qualify for traditional financing. It is often used by small businesses, startups, and entrepreneurs who may not have the necessary collateral or credit history to secure a loan from a bank. Alternative Financing can come in the form of merchant cash advances, invoice factoring, crowdfunding, peer-to-peer lending, and online lenders. Alternative Financing is becoming increasingly popular as it offers more flexible terms and faster access to capital than traditional financing. It also provides businesses with the opportunity to access capital without having to give up equity or control of their business. Some companies in the Alternative Financing market include Kabbage, Fundbox, OnDeck, LendingClub, and PayPal Working Capital. Show Less Read more
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