Microlenders step in for small businesses whose inexperience and lack of collateral mean they can't score a traditional loan. (supermoney.com)
Best candidates: Businesses with good current cash flow or other solid business performance indicators, even if the owner has a lower credit score or lack of collateral. (entrepreneur.com)
But these loans may work well for smaller companies or startups that can't qualify for traditional bank loans, due to a limited operating history, poor personal credit or a lack of collateral. (nerdwallet.com)