Regional banks may be more
flexible than large banks on small loan requests.
You may have a better shot at getting approved if you apply in person at a credit union or community bank where you've had a banking relationship for years, as local lending institutions may be more
flexible than a larger bank might be.
Not exact matches
Online lenders may offer
flexible loan amounts that are more suited to the needs of startups, rather
than the
large, long - term loans preferred by
banks these days.
Because small businesses are considered higher risk
than their
larger cousins, the SBA loan guarantee helps
banks offer more
flexible loan terms, meaning borrowers can be approved even if they have fewer assets
than what would be required with a traditional term loan at the
bank.
Because small businesses are considered higher risk
than their
larger cousins, the SBA loan guarantee helps
banks offer more
flexible loan terms, meaning borrowers can be approved even if they have fewer assets
than what would be required with a traditional term loan at the
bank.