The business financing landscape has changed rapidly in the past decade — and business owners know they have a number of options beyond the traditional bank loan. Many of these options can be found online in the form of a term loan, line of credit or a merchant cash advance. You may be able to obtain the funding you need in a shorter amount of time with an online business loan compared to a traditional bank loan. This funding is ideal for small business owners who need funding within a couple business days to complete major projects, quickly resolve unexpected expenses and ensure payroll is covered without any hassle. Online lenders are also often able to approve customers who wouldn’t qualify for traditional business funding.