Fast Trak Lending

10/12/2022

Mother Nature doing her best work.

07/20/2022

Alternative lending information provided by Donna Fuscaldo at Business.com

What is alternative lending?
Alternative lending is any lending that occurs outside of a conventional financial institution. Alternative loans tend to be more flexible than conventional loans, and often have a faster application turnaround. Many types of alternative loans are available, so there is likely an alternative loan out there that suits your small business’s circumstances.

While most banks and conventional lenders could take weeks to approve or deny a loan application, many alternative lenders can deliver funding in a few days. The loan application process for alternative loans also tends to be simpler, requiring only a credit score, tax returns and bank statements rather than a detailed pro forma or business plan.

In addition, alternative lenders are more likely to offer loans in smaller amounts than banks, which often include minimum lending terms that are too high for a small business. Alternative lenders also offer unconventional lending options that allow businesses to leverage assets like their accounts receivable or credit card sales, rather than borrowing on credit.

07/08/2022

Give us a call for all your non-tradional funding needs!

06/29/2022

What are your options?

Business funding can give your small business the boost it needs to thrive (and sometimes survive). Yet there are many business funding options, and some business owners might feel overwhelmed by the number of choices. Finding the best business funding option for you will depend on several factor

06/27/2022

Great article.

The banking industry undergoing digital transformation has led to the rise of nonbank and alternative lending institutions. Learn more about what they are, why they exist and the state of the alt lending market.

06/24/2022

Thank you for visiting.