New technology, innovative uses of data, and demands for an enhanced borrower experience will drive significant change in small business lending in the coming years. Are you prepared to compete and succeed in the fast-emerging fintech future?
Based on lenders’ responses to a recent study of small business lending, this article from Moody’s Analytics Risk Perspectives magazine provides an overview of small business lending today, discusses challenges and emerging trends, and offers recommendations to improve the small business lending process across the credit life cycle.
