Very often, small and medium businesses need financing. Ether it is the replenishment of working capital when there are cash flow gaps - you have not received payment for bills issued to consumers, but you need to pay your bills. Or you decided, for example, to buy new equipment to take your business to a new level. In other words, you need to find investment for development. 

For years banks took the role of providing loans for businesses, but nowadays, many other online platforms can offer loans to businesses. Here we collect the list of most known loan platforms.

Accion

Accion is an international nonprofit dedicated to serving entrepreneurs, business owners, and communities. Founded as a community development initiative serving the poor in Venezuela, Accion is known as a pioneer in microfinance and fintech impact investing. The organization works across Latin America and the Caribbean, Africa, the Middle East, and Asia.

Kiva

Kiva is a nonprofit organization headquartered in California, USA, with offices in Bangkok, Nairobi, Portland, and staff worldwide. The service collects money through crowdfunding loans. It allows people to lend money via the Internet to low-income entrepreneurs and students in 77 countries.

On Deck

On Deck is a global online small business lending company from the United States. It has offices in the USA, Canada, and Australia.

Enova

Enova is a USA based provider of online financial services to non-prime consumers and small businesses. The company offers access to credits powered by its advanced analytics, innovative technology, and online platform and services. It also delivers on-demand decision-making technology and real-time predictive analytics services to clients.

Lidya

Lidya is a USA holding financial institution that provides credit and finance access across a frontier and emerging markets. The company works in five countries: the USA, Portugal, Nigeria, Poland, and the Czech Republic. The platform offers small and medium-sized businesses unsecured loans of between $500 and $15,000. To manage credit risk, Lidya uses close to 100 data points to evaluate companies, build a credit score unique to each business and can issue loans in 24 hours or less.

GroFin

GroFin is headquartered in Mauritius and provides small and medium business finance and business loans across 14 countries in Africa & the Middle East. The platform helps entrepreneurs succeed by providing them with business loans and business support (expert advice and continuous guidance) to grow their businesses.

Lendio

Lendio is a marketplace providing loans for small businesses in the U.S. Small business owners utilize Lendio's free online service to find financing by browsing multiple loan products from a network of lenders.

Fundbox 

Fundbox is a fintech company based in the USA. The service uses big data analytics, engineering, and predictive modeling to optimize cash flow for small businesses and freelancers with outstanding invoices. 

Fundera

Fundera helps U.S.-based small businesses find financing. It provides advice and comparison technology to help business owners easily identify their best-fit financial products and, ultimately, make better business decisions.