With Credit Tight, More Small Businesses Turn to Online Lenders

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Jason Curtis just got tired of being told no.

Over three years, the Hendersonville man estimates he went to six banks and a handful of credit unions. He hoped for approval for a $25,000 loan — money he needed to buy inventory like bedding and mattresses to grow his furniture business.

Curtis can't remember how many times he sat across from a banker and shared his story, his credit history and his business plan.

But he can't forget all the times he was told no.

Read the entire article here

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