Read more about the article The Downside of Working With Peer-to-Peer Lending Institutions for Small Business Funding and Start-Ups
Photo by Andrea Piacquadio on Pexels.com

The Downside of Working With Peer-to-Peer Lending Institutions for Small Business Funding and Start-Ups

When it comes to funding small businesses or start-ups, many entrepreneurs turn to their retirement accounts for the capital they need. Retirement accounts such as 401(k)s and IRAs offer the opportunity to access funds without having to take out a loan or issue stock. While this is an attractive option, there are some potential downsides to accessing retirement funds to finance a business.

Continue ReadingThe Downside of Working With Peer-to-Peer Lending Institutions for Small Business Funding and Start-Ups
Read more about the article The Benefits of Working with Peer-to-Peer Lending Institutions for Small Business Funding and Start-ups
Photo by Andrea Piacquadio on Pexels.com

The Benefits of Working with Peer-to-Peer Lending Institutions for Small Business Funding and Start-ups

When it comes to funding small businesses or start-ups, many entrepreneurs turn to their retirement accounts for the capital they need. Retirement accounts such as 401(k)s and IRAs offer the opportunity to access funds without having to take out a loan or issue stock. While this is an attractive option, there are some potential downsides to accessing retirement funds to finance a business.

Continue ReadingThe Benefits of Working with Peer-to-Peer Lending Institutions for Small Business Funding and Start-ups