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Entrepreneurship, Fintech Trends, peer-to-peer lending, small business, Small Business Tips, sole trader | 27/02/15 13:24
Banks used to be the place to go if you needed to borrow money to fund the growth of your small business. Banks have high rates for borrowers, cumbersome application process and they are not that eager to provide credit to entrepreneurs, sole traders and small businesses. Luckily, today banks are not the only way to get financing – online peer-to-peer lending is the new kid on the block that has grown big within the recent years.