We Are the Funding Engine for Small Businesses
When your bank denied your business loan request, let the largest lending marketplace help. Plousio lenders are here to help businesses that have been turned down by the banks. Plousio proprietary technology makes the borrowing experience painless. Plousio funding team cares about the financial well-being and needs of small businesses.
Plousio Process Simplifies Small Business Borrowing
Plousio Technology Streamlines Small Business Borrowing
1 Application for 75+ Lenders
With 1 application, your loan request will have visibility to 75+ lenders. When the lenders compete for your loan request, you can be sure that you are getting the most competitive offers.
Secured Central Portal
Plousio is a SSL secured platform which encrypts all sensitive data. You will only need to submit the documents once for all the lenders that are interested in your loan requests.
Plousio Funding Advisers Are Always Here
Our funding advisers are not here to make a sales. They are here to understand your business and the challenges you are facing, so they can help you to find the best loan solution. We enjoy the stories you have on the business journey, and we would be proud to be part of it by helping you to obtain the capital you need.
Call us today, 1-844-756-8746
How Does Plousio Work?
Plousio makes it easy to find a great small business loan with the most competitive rates. Simply answer a few questions, select a lender and fill out our account creation form and you’ll start receiving new offers right away! With 3 easy steps, you can get your death care business funded!
Step #1: Apply online or call 1-508-848-0534
Step #2: Receive the most competitive offers
Step #3: Get funded within 24 ~ 48 hours
Side Note: Why Are Banks Not Lending to Small Businesses
How you ever wondered why is it so hard to get business loans from banks now days? The answer might be simpler than you thought. Bank are not lending to small businesses. When you are really small (annual revenue below $1 million), you really don’t stand any chance in getting a loan from your bank. Let’s look at some hard evidences, the numbers. Small business lending, unfortunately, has never fully recovered from dramatic declines during the 2008 recession. The large U.S. banks lent $208 billion to small businesses nationwide in 2014, and that volume is almost 37% less than the $328 billion lent in 2007. (In real terms, the decline would be even greater due to inflation.) More troubling is performance in terms of “micro” loans of $100,000 or less that are critical to startup and small business growth. In 2014, only $70 billion in microloans were made nationally, less than half of the $146 billion made in 2007.29 (The number of microloans has dropped from 13 million to 5 million.) Moreover, microloans made today are more likely to be secured by collateral than those made pre-recession.
*Data Source: Karen Gordon Mills and Brayden McCarthy, “The State of Small Business Lending: Credit Access during the Recovery and How Technology May Change the Game.” Harvard Business School, Working Paper 15-004, July 22, 2014. Web. January 2016
Loan Volume from Large U.S. Banks