Financing Solutions
Citigroup Inc (C.N) has quietly launched an internet site to make small enterprise loans of up to $1 million, the newest effort by a big bank to make the method of smaller loans extra technology-pleasant. Small Business Loans Depot: Small Business Loans Depot offers an assortment of mortgage sorts, together with financial institution-statement loans, small enterprise loans, working-capital loans, tools loans and tools refinance loans. Prosper: Prosper loans usually are not conventional small enterprise loans; they’re personal loans primarily based on candidates’ credit score scores and are issued to people, not companies. Fastpoint buys a portion of a enterprise’s future credit score and debit card transactions at a reduced fee.
Of the more than one hundred enterprises at present receiving loans by way of the venture, greater than 80 percent of the recipients have been women, said Khres Senduk, who manages the venture’s MicroCredit Plus program. CapFusion: CapFusion presents competitive, …