
Several online resources generate direct lending to small business making use of social lending where individuals make loans directly to borrowers using the Internet to create secure connections bypassing traditional banking, not doing much these days.
American business now has a few new alternatives. UNCRUNCH AMERICA™, provides new resources to businesses (and consumers) in need of funding. Its goal is to help resolve the credit crunch and rebuild the economy by delivering secure, trustworthy tools to obtain financing.
Participants include: Virgin Money, part of Richard Branson’s worldwide group of companies, offers unique financial services and a customer experience that most banks cannot match. Having originated over $370M in social loan volume, Virgin Money is the leader in managing loans between friends and family, and a pioneer in the emerging social finance sector. Whether looking to finance your friend’s start-up, or expand your own business, use Virgin Money to manage your loan. They provide documents and support.
On Deck Capital On Deck loan system focuses on the strength of your business rather than personal credit. By allowing you to leverage the cash flow of your business to access financing, On Deck lets you get back to the business of running your business.