Go Biz: Online Lenders

Late this month, I will be conducting a small business webinar for Governor Jerry Brown’s Go Biz Office on the new online lending options for business that I’ve been discussing in past posts.  I’m going to cover how these new lenders make decisions and what they look for  to qualify borrowers:  big data profiling, credit reports, bank statement analysis, to name a few.  Some of this is very new, some is the same as business lending has been for decades.  To help business owners research their options, I started a list of online lenders.  But caveat emptor:  I am not vouching for the viability, suitability, fairness, soundness of any of these lenders.  Please do your own due diligence.