The millions of thin-and-no-credit file small businesses can make determining whether to grant funding to a small business applicant a challenge. Despite lenders’ aggressive programs to serve the small and mid-sized business market, the persistent gap in attainable information stalls the process – frustrating lenders and borrowers alike.
How can you assess applicants, maximize financial inclusion and ensure an optimal customer experience?
Join Aite Group senior analyst David O'Connell this June for a one-hour webinar sponsored by LexisNexis Risk Solutions and hosted by PaymentsSource to get the latest insights on how small business owners and leaders approach funding and the loan process.
Discussion topics will include:
- Who is borrowing?
- Why do they borrow?
- When do they borrow?
- How do they decide from whom to borrow?
- How was their borrowing experience?
Learn how you can obtain more information on small businesses – and the people behind those businesses – so that you can expand your small business portfolio while managing risk.
Check out this exciting webinar recording below!
David O’Connell is a senior analyst with Aite Group’s Wholesale Banking team, where his primary coverage area is lending. A former commercial lender of 14 years, Mr. O’Connell brings to his lending coverage extensive hands-on and granular knowledge of banks’ challenges in building businesses that lend safely, cost-effectively, and at scale. Broadly scoped, Mr.