A new survey by the Federal Reserve Bank found that in 2013, 1 in 5 small businesses used an online lender, reports Entrepreneur. Typically online loans can be pricier than traditional loans and it just as difficult to qualify for one as a traditional loan, so the reason for the growth in online lending is that it is convenient. Online loans generally offer a wider range of products that better suit the needs of small businesses, such as, short term loans to manage a cash emergency.
PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes.