When it comes to lending, online businesses are not often the target audience: they’re too small and fragmented compared to big-spending corporates; and often times too inconsistent, compared to their brick and mortar counterparts. But as a sector online businesses, are growing faster than the rest of our global economy.
After exhausting their savings and personal credit cards, online business owners are forced to turn to private loans that come with high, inflexible monthly payments -- assuming they even qualify.
To compound this, the lending market is fragmented, consisting of hundreds of alternative lenders.
Most SMB loans on the market require collateral, which can be difficult for online business owners as they lack physical assets.
The Dinote marketplace connects online businesses to alternative forms of non-dilutive capital. Providing access to multiple lenders through transparent, interest-free, outcome-based financing options.