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Lending Club Business Financing Review

One of the biggest challenges of owning a small business is getting access to capital and finding an option that delivers a great online experience and transparent rates. In fact, almost half of  small business owners say they can’t get the financing they need*. As a result, these small businesses lack the ability to meet working capital needs or power business growth.

 

Marketplace lending has provided an alternative for credit worthy small business owners to conveniently apply online and access term loans or lines of credit with transparent rates. For Mark,  Jen, and Brett from Guild Staging & Design, they took matters into their own hands to meet the demands of their thriving business. Check out the video and see how they got the small business financing they needed to fuel their design businesses’ growth!

Check out more Lending Club Small Business Borrower stories here.

* Sources: The Lending Club State of Small Business Financing Survey was conducted online by Harris Poll on behalf of Lending Club from April 8, 2015 to April 15, 2015 among 505 U.S. small business owners who reported they are ages 18 or older, have been in business at least one year, and had annual business revenue in 2014 between $50,000 and $10M. Results were weighed where necessary to align them with their actual proportions to the U.S. population of small business.

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