Small Business, Big Banking Not A Winning Combo, Survey Finds
PYMNTS
JULY 31, 2017
Separate data from Biz2Credit from its Small Business Lending Index found earlier this year that, for several months in a row, large banks have increased their loan approval rates for small businesses — meanwhile, small banks and alternative lenders’ approval rates dipped. The 2017 report from FIS surveyed nearly 500 SMEs in the U.S.
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