I sometimes get asked from sole proprietor entrepreneurs, “where can I easily get a small loan to help me get my life and endeavor moving forward?”
Often sole proprietors are funding their own entrepreneurial pursuits with personal finances and pushing through short-term cash flow challenges can be the little boost they need to grow their operation from their tiny beginnings. Traditional institutions like, banks aren’t always a viable or desirable option.
Crowd-funding and peer-to-peer lending are becoming more and more popular options. In researching that question, I recently came across the site, moneylend.net.
MoneyLend.net operates a bit like Expedia, but instead of travel deal comparisons MoneyLend allows you to compare money lenders to find the right one for your situation.
MoneyLend’s goal is to help you find the right loan in the shortest amount of time. It’s like a search engine to help borrowers find lenders via comparison shopping. It puts the power in your hands to find the best terms and rates to fit your unique scenario.
Posted by Nick Venturella
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