The math behind small business lending: Problems & possibilities for banks & credit unions
Abrigo
APRIL 22, 2024
Takeaway 3 Depository lenders are enhancing their lending procedures and technologies to meet institution risk and return requirements as they grow. Almost half sought credit to grow their businesses, and 28% applied to make repairs or replace capital assets. Louis Fed : [S]mall-business loans—i.e., economic ecosystem.
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