You might remember how iTunes killed the record store. Or how
) sent Blockbuster into bankruptcy.
And you're probably aware that print is wheezing on its
deathbed right now, while online news aggregators - like Drudge
and Huffington Post - are thriving.
The common thread here is the impact of internet-enabled
technology on old school businesses that didn't adapt. And
there's still a whole host of traditional, common businesses that
the internet is just getting around to killing.
Lots of old-fashioned, brick and mortar businesses just can't
compete with the reach, cost advantages and technological
superiority that their online counterparts offer.
The latest sector to get the internet treatment might be the
biggest and most significant. I'm talking about the banking
That's because many of the big banks have changed so little,
for so long. And they're incredibly unpopular among many
consumers - not to mention un-attentive to many customers
Today, a new crop of online banking competitors offers
significant benefits to consumers, not to mention opportunities
for would-be investors. One of these new banking sources is
micro-ticket financing. Micro-ticket financing is typically used
for small business items costing between $1,000 and $10,000.
The potential market is relatively small, but it fills a very
specific and important need that the big banks don't cater to.
Any startup or fairly new business, with no or little credit or
business history, may be eligible for a micro-ticket lease.
Even for businesses that have exhausted their business credit
line with the banks, micro-ticket leasing may provide an avenue
to keep the business alive.
I like to think of this type of loan as the logical result of
a corporatized banking system that no longer serves so many small
businesses and everyday Americans. Without big banks acting as
lenders and stewards of these smaller "less significant" loans,
small companies that make micro-ticket loans can pick up the
Micro-ticket financing is increasingly utilized by small and
start-up businesses to acquire equipment on lease. Reports
indicate that up to 80 percent of US businesses lease their
equipment. And since small businesses are the true backbone of
the U.S. economy, micro-ticket lenders have a tremendous market
opportunity. This is a niche industry, currently estimated to be
around $6 billion - but it's growing as the economy improves and
small businesses expand.
And micro-ticket lending is just one example of "new"
alternatives. Crowdfunding is another. In an era where many
financial institutions have become too big to cater to the needs
of everyday Americans and small businesses, small,
internet-enabled lending solutions are seizing the reins.
This trend is just beginning. As the economy continues to
improve, expect to see more alternative lending institutions join
My colleagues - Ian Wyatt and Steve Mauzy - have just
completed a detailed report on this opportunity.
Specifically, they've found a way for individual investors to
capture an annual yield of 6 - 12% per year by cutting out the
bank. If you're interested in getting all the details on
The Bankers Secret
just click here now.