Best Alternative Small Business Loans

Alternative lenders provide financing for small businesses that can't qualify for a loan with a traditional lender. These lenders, which are usually based online, have low loan qualification requirements for funding. There are several different types of loans you can get from an alternative lender. Working capital, merchant cash advances, equipment financing, invoice factoring and term loans are just a few examples of the types of financing that alternative lenders provide. All of our best picks are reputable online lenders that provide multiple financing options. Thoroughly assess the financial stability of your company, including your own debt situation, before pursuing financing. Financing can be the catalyst for any small business, as long as the right agreement is reached for both the lender and the borrower.