What are the risks of borrowing from a lender I located on the web?

There are many risks. Please see an SBDC consultant before proceeding. We have run across more unscrupulous lenders on the internet than we have good ones. As a business owner, you may not have normal consumer protections that you would with personal loans. High rates, fees, access to your bank account, high pressure tactics, the inability to pay them off, and other problems abound.