Alternative lending continues to grow

Sep 14, 2023 Sean Albert

Alternative lending continues to grow

Obtaining a bank loan for a small business can be difficult, especially for new companies without a financial history. Even if you meet strict credit and revenue requirements, the loan process still requires significant time and effort. As a result, many businesses are turning towards alternative lenders to avoid the hassle of securing conventional financing - and for good reason.


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6 Advantages of Alternative Credit Scores and Data

Sep 13, 2023 MicroBilt News

6 Advantages of Alternative Credit Scores and Data

There are many ways to determine someone's creditworthiness. Unfortunately, the same traditional methods are often used, excluding large groups of potentially reliable borrowers; that's where alternative credit scores can help. This contemporary scoring method gives lenders a modern way of measuring a consumer's creditworthiness using factors not traditionally considered.


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What Is Alternative Credit Data (and Why Is It Important?)

Feb 08, 2021 MicroBilt News

What Is Alternative Credit Data (and Why Is It Important?)

Using an alternative credit data source lets you make a credit decision based on a more complete profile of the applicant.


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How Identity Theft Damages Consumer Credit Scores

Nov 03, 2020 MicroBilt News

How Identity Theft Damages Consumer Credit Scores

Instant Bank Verification has a lot to offer lenders of every type. It is especially useful, though, for lenders who specialize in the types of loans identity thieves frequently target.


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The importance of Alternative Consumer Credit Data for lenders

Oct 01, 2020 MicroBilt News

The importance of Alternative Consumer Credit Data for lenders

Alternative consumer credit data offers information about consumers, specifically credit applicants, that does not appear on traditional credit reports.


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