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IOU Central Launches Small Business Loan Site

Thursday, July 29, 2010 5:00:00 AM PDT | VentureDeal Staff

Atlanta, Georgia  --  Online small-business lender IOU Central announced the beta test launch of its online loan site.

The company said that typical clients are either brick and mortar or online businesses looking for up to $100,000 in 6 and 12 month loans, based on credit history, cash flow performance and other factors.

IOU says that business owners complete a 10 minute online application and are notified of a decision within minutes thereafter. Funds can then be transferred in as little as two days, according to the company.

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