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Saved by online lenders, businesses say they’ll borrow again Some small businesses forced to turn to online lenders for pandemic relief are making those niche players a bigger part of their financial game plan, and are even considering dumping their traditional banks altogether. Loans from online lenders saved thousands of small business owners who were unable to get COVID-19 relief loans from big traditional lenders. Now, encouraged by getting applications processed within days rather than weeks, these owners are becoming repeat customers. Patrick Carver was loyal to his big national bank ...

ABC News Turn on desktop notifications for breaking stories about interest? OffOn Saved by online lenders, businesses say they'll borrow again Some small businesses forced to turn to online lenders for pandemic relief are making those niche players a bigger part of their financial game plan By JOYCE M. ROSENBERG AP Business Writer May 25, 2021, 4:12 PM • 5 min read Nation's largest school districts announce plans to fully reopen in the fall New York City and Los Angeles revealed a return to full-time, in-person learning for the next school year.The Associated Press NEW YORK -- Some small b...

Some small businesses forced to turn to online lenders for pandemic relief are making those niche players a bigger part of their financial game plan.