Small Businesses Apply Online Today Get Fast Loans
Real-World Data and Examples
According to a recent study, approximately 29% of small businesses that applied for funding in 2022 did so through online lenders1. This trend reflects the growing trust and reliance on digital platforms for financial solutions. Additionally, online lenders approved an average of 58% of loan applications, highlighting their willingness to support small businesses2.
One example is a local bakery that needed to expand its operations. By applying for a short-term loan online, they secured the necessary funds within 48 hours, allowing them to purchase new equipment and increase production capacity3.