Ditch the Bank: 5 Reasons Online Financing May Be a Better Fit for Your Business
At Manpower Funding, we talk to small business owners every day who are frustrated by how long and complicated traditional bank loans can be.
But there’s good news: there’s a faster, easier, and more flexible way to get the funding you need—alternative online financing.
Here’s why more and more entrepreneurs are turning to it:
1. It’s Mainstream Now
Alternative financing isn’t fringe anymore. 23% of small business owners now apply online—about the same as those who go to small banks. You’re not taking a risk. You’re just being smart.
2. Speed is Everything
We’ve seen clients get approved in as little as 2 hours. Compare that to the weeks it can take to get a bank loan—and then potentially get denied. That’s time you can’t afford to waste.
3. Less Paperwork, Fewer Headaches
Banks require a mountain of documentation and a 700+ credit score. We keep it simple: 1-page application, fewer requirements, and approval with credit scores as low as 550.
4. You Decide How to Use the Money
We don’t tell you how to run your business. Banks often restrict fund usage—online lenders like us give you the freedom to spend where it matters most.
5. Pay It Back Early and Save
Unlike banks, we reward early payoff. If you only need the funds short-term, you can save money by paying off early without penalties.
Bottom Line: Explore Your Options
Most business owners stick with their bank because of habit, not because it’s the best option. At Manpower Funding, we believe in giving you real choices that actually work for your business.
Let’s talk about what financing could look like if it worked on your terms.
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