Small businesses are the engine of the economy, and when the economy sputters they often feel it first. In the current climate of uncertainty, many small businesses have drastically cut expenses and tried to make their operations as lean and efficient as possible.
Capital resources are tight for business owners as we rely on self and family funds to get started. At the same time traditional banks have strict lending criteria that very few companies can meet: few years in business, certain minimum credit score, availability of collateral, high profitability, etc. So where does the business owner turn to for additional resources?