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Traditional Banks v. Alternative Lenders: How Goliath Can Beat David

Banking 2020

According to FDIC Data Calls as outlined in the Forbes , in the 4th Quarter of 2014, traditional banks’ commercial loan portfolios saw a 3.1% For instance, they could offer light advisory services or seminars to business owners who have working capital lines of credit. Streamline the loan decision process by investing in technology.

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Fraud prevention and detection: Empowering clients through education

Abrigo

Some options include: In-person fraud prevention seminars, either held at a branch location or a local community center. For example, Regions Bank offers small businesses tips on preventing fraud on its website, and it describes fraud training small firms can offer themselves to prevent and more quickly detect fraud.

Fraud 195