A recent study by the Federal Reserve Bank of New York found 90 percent of small businesses have had their loan request rejected by their bank in the past year. It’s an extraordinary – and alarming – number given the role small businesses play in the national economy. Alternative lenders, like National Funding, offer a viable solution to the woes encountered with traditional business lenders.
Post Type: White Papers
National Funding white papers provide insightful, forward-thinking thought leadership, guidance and best practices on topics of importance to small business leaders.
Every business, large or small, requires some equipment; the major decision lies with whether to lease or purchase the equipment. There are pros and cons to both purchasing and leasing equipment, and each business owner must decide what’s best for them. Whether you decide to purchase or lease the equipment for your business, financing will likely be a necessity.