Is the conventional loan changing as we know it? The infographic below breaks down the statistics of the conventional business loan vs. alternative business loans.
Balboa Capital has developed great intel on the topic of alternative finance and turned it into one infographic, with statistics including:
- Estimated growth of alternative lending companies
- The number of alternative lending companies
- Approval rate of small business loans by alternate lending companies vs. approval rate by banks
- Business owner opinion stats
The Conventional Business Loan vs. Alternative Business Loans
