Sentences with phrase «strict than a traditional loan»

The qualifying criteria for an online business loan will vary depending upon your lender, but are typically less strict than a traditional loan.

Not exact matches

But since you're taking out a personal loan through a credit union rather than a traditional bank, the financial background check might not be as strict.

While PayPal loans are more expensive than loans from traditional lenders, PayPal can deposit your funds quickly and does not have strict eligibility requirements.

But since you're taking out a personal loan through a credit union rather than a traditional bank, the financial background check might not be as strict.

Because traditional lenders are subject to strict government regulations — even more so since the financial crisis that began in 2008 — you'll most likely be unable to secure a soft loan if you have less than perfect credit, even if you have the assets and the income to back up the amount you wish to borrow.