Why Two-Thirds Of SMBs Find Themselves Dissatisfied With Online Lenders
PYMNTS
JANUARY 14, 2020
As diverse as they may be, they share a few common characteristics: an automated online application process, the use of proprietary algorithms to determine creditworthiness and a focus on speed and inclusivity. On that score, online lenders have been successful, according to a just-released study from the Cleveland Federal Reserve.
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