Community Banks Aim To Amplify Competitive Edge With FinTechs
PYMNTS
JANUARY 9, 2018
With big banks pulling back from small and medium-sized business (SMB) lending in the wake of the global financial crisis, the market was ripe for someone else to fill the credit gap. Community banks approved 49 percent of SMB loan applications in November, according to the latest data from the Biz2Credit Small Business Lending Index.
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