Reports of Small Business Lending’s Death are Greatly Exaggerated
Celent Banking
NOVEMBER 17, 2015
In the FinTech space, much of the focus is on consumer-oriented solutions like Mint for financial management, Venmo for P2P payments, and Prosper for social lending. Online small business lending by direct credit providers has especially taken off. Morgan Stanley reports that US small business direct lending grew to around $7.5B
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