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The math behind small business lending: Problems & possibilities for banks & credit unions

Abrigo

Takeaway 2 Several small business lending processes can tax both borrowers and staff. With $580 billion in private-term loans and lines of credit and $62 billion in credit cards, they accounted for 56% of the small business financing market. Louis Fed : [S]mall-business loans—i.e.,

Lending 195
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The math behind small business lending: Problems & possibilities for banks & credit unions

Abrigo

Takeaway 2 Several small business lending processes can tax both borrowers and staff. With $580 billion in private-term loans and lines of credit and $62 billion in credit cards, they accounted for 56% of the small business financing market. Louis Fed : [S]mall-business loans—i.e.,

Lending 243
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Fintech Fundings: 12 Companies Raise $240 million Week Ending June 25

Fintech Labs Insights

Canopy Tax (formerly Beanstalk). Tax & accounting practice management. Tax & accounting practice management. Louis, Missouri. Tags: Tax, advisor platform, marketing, client services, accounting, SMB. Source: The Oregonian. Payments risk & compliance management. HQ: Palo Alto, California. PromisePay.