Traditional Banks v. Alternative Lenders: How Goliath Can Beat David
Banking 2020
MARCH 10, 2015
The rapid emergence of crowdfunding, alternative lending, and peer-to-peer transactions strongly indicates that small businesses are shifting away from the traditional banking environment. 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%
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