Competition Heats Up Between Large FIs, Small Banks, Alt Lenders ? And SMBs Win
PYMNTS
JUNE 18, 2018
Nearly a third (30 percent) of SMBs said they have plans to make capital outlays, while 18 percent said they expect to increase employment; 4 percent said they plan to increase inventories. Thirty percent of small business loan applications at big banks got approved in May, according to Biz2Credit’s latest Small Business Lending Index.
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