Providing the perfect remedy

Posted by Simon Hawtin on May 23, 2019 12:02:15 PM

After years of headlines highlighting the lack of options for credit-hungry SMEs, small business lending is now going from strength to strength.

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Topics: Banking, lending-as-a-service, bcr

Five reasons why digital transformation in lending is increasing access to credit

Posted by Simon Hawtin on May 3, 2019 5:59:48 PM

In recent years, SMEs, particularly those at the smaller end of the market, have faced well-documented struggles to access credit. Banks and financial institutions have significantly cut back on business lending due to the high costs of acquisition, delivery and servicing, and the limitations of legacy technology and processes.

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Topics: SMEs, lending-as-a-service, digital transformation