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3 reasons small businesses are choosing alternative lenders over banks

Aug 18, 2015 Sean Albert

3 reasons small businesses are choosing

Alternative lending is growing as a sector, due in large part to the accessibility that can be afforded to borrowers, as well as the increased flexibility of the overall process. Banks have traditionally had low approval rates for applicants, and...


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Big data analytics can assist credit risk managers, debt collectors

Aug 10, 2015 Walt Wojciechowski

Perhaps the most important practice in making sound business decisions in the contemporary economy is the cultivation and analysis of data. The term "big data" was coined in recent years, and is meant to serve as a reflection of the massive...


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Banks are falling behind alternative lenders

Aug 03, 2015 Sean Albert

Banks are falling behind alternative lenders

The Great Recession was brutal for the banking industry, and it caused a significant shakeup in lending strategies. Prior to the economic crash, banks were distributing capital at high rates, but the crisis forced them to close their checkbooks and...


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Online lending: Is it right for your small business?

Jul 30, 2015 Sean Albert

Online lending: Is it right for your small

There is a wealth of borrowing options from which small businesses can choose, and the boom in cloud technology has allowed lending platforms to exist online. Virtualization can be beneficial for SMBs, particularly those are faced with a...


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4 ways alternative lenders are changing the game

Jul 23, 2015 Sean Albert

4 ways alternative lenders are changing the game

Traditional banks cut back on lending in the aftermath of the economic crisis, which hampered small businesses' abilities to grow. To fill this void, the alternative lending sector emerged and has since established itself as an option for SMBs...


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