The math behind small business lending: Problems & possibilities for banks & credit unions
Abrigo
APRIL 22, 2024
As a share of their total assets, community banks have more business loans below $1 million than larger banks, according to the St. Louis Fed : [S]mall-business loans—i.e., Online fintech lenders and merchant cash advance providers are also making up ground. loans less than $1 million—accounted for 12.6%, 11.1%
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