Small businesses find support from alternative-lending platforms

09/5/2013 | CNBC

Alternative-lending platforms are helping small firms expand by navigating a credit and finance community still reluctant to lend to small businesses. Banks have a higher collateral requirement compared with before the financial crisis, a Federal Reserve survey shows. Some banks are looking for a three-year track record of profitability, says Rohit Arora, founder and CEO of Biz2Credit.

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