Can Lending Technology Revive America???s Small Businesses?
Harvard Business Review
AUGUST 11, 2014
The majority of small businesses rely on such loans, and in the fall of 2013 alone, 37% of small businesses applied for credit. Small business sales were hit hard during the crisis and may still be soft, undermining firms demand for loan capital. Banks remain relatively risk-averse amid the tepid recovery. small businesses.
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