I have a small business. As soon as I hit the 5 year mark, the offers for financing started pouring in. Two entities I deal with a lot for online business purposes (including payment processing) hit me up every week.
In other words, Stripe is not the only one playing in this market, and traditional banks are not the only option.
The repayment approach is interesting, but will it be enough if Stripes' effective rates are too high compared to the competition?
In other words, Stripe is not the only one playing in this market, and traditional banks are not the only option.
The repayment approach is interesting, but will it be enough if Stripes' effective rates are too high compared to the competition?