Fast cash isn’t always smart cash

For a long time, the biggest hurdle for a small business was simply finding capital. Today, the challenge is choosing the right kind. Tech vendors, payment processors, and e-commerce platforms have stepped up to meet the demand for rapid funding. By offering direct financing or partnering with nonbank lenders, these platforms can deliver funding decisions in hours and deposit cash by the next day. Having more options is a net positive for the small business economy. But at First Women’s Bank,…