As the world begins to recover from the recession that gripped it over the past half-decade, many small businesses are still trying to find their way out of the financial hole that the sudden loss of credit place them in. Financial institutions instituted new and more stringent specifications for loans, which left many small business owners out in the cold. Many direct loans for small business programs were completely cut off in the wake of the Great Recession.

However, there are just as many options available for instant small business loans as there always were. The money is just in different places. This article will discuss some of the ways in which your small business can get an instant loan whenever it needs to.

One – The cash advance industry

Although many business people may think of the cash advance industry is somehow less reputable than the traditional banking industry, it was actually the cash advance industry that held up many businesses throughout the recession when the traditional banks were demanding payment and repossessing assets.

The cash advance industry has undergone a great deal of inner cleansing in the wake of the recession as well. Internal watchdog organizations as well as third-party independent overseers such as the Better Business Bureau have taken a dedicated interest in the cash advance industry. What this means is that when you find a cash advance business with a high BBB ranking, you can be sure that business was properly vetted. In many cases, they may actually be more reputable than the large multinational bank right across the street.

Two – Venture capitalists

Many times, small business financing small business factoring loans are right under the noses of small business people. Local venture capitalists who may not have the money or the outreach to advertise themselves effectively are always looking for reputable businesses in which to invest. Take the initiative and make sure that you have scoured the local area for these angel investors before you give up on the loan for your small business.

Three – Friends and family

Taking money for friends and family to start a business is not a disreputable trade if it is done in a professional manner. For instance, many business owners will actually set up an S Corporation so that they can distribute stock in the company to friends and family in a professional, completely legal manner.

Many business owners are actually more encouraged when spending the money of friends and family than with a loan from a bank. Not only is there money on the line, but also personal relationships.