Stiff competition from online lenders and large traditional banks
Organizations face three major challenges that organizations when looking to expand small business lending.
Download the eBook “The 3 Biggest Problems with Small Business Lending – and How to Fix Them” This eBook provides guidance to overcome these challenges:
- How can you make enough money on smaller credit amounts? Learn how to make better and faster origination decisions with small businesses that larger banks are probably ignoring.
- How can you expand your portfolio without expanding headcount of jeopardizing risk? While small businesses can be riskier borrowers, learn about some better ways to measure risk without slowing down lending decisions or taking on new headcount.
- How can you assure stakeholders and regulators that lending decisions are being made consistently? Learn some best practices in documenting compliance.