Small Business Lending: New Alternatives?
- Date:July 09, 2013
- Author(s):
- Patricia McGinnis
- Research Topic(s):
- Commercial & Enterprise
- PAID CONTENT
Overview
One of the exhibits included in this report:
"New lenders are incorporating different data types into their risk assessments and coming up with different answers to would-be borrowers," commented Patricia McGinnis, director of the Commercial and Enterprise Payments Service at Mercator Advisory Group and the author of the report. "While more or newer data cannot transform a genuine bad prospect into a good credit risk, when integrated with new technology and supported by higher rates, it can enable the financing at acceptable risk of businesses that would otherwise be rejected."
Highlights of the report include:
- Assessment of the banks' diminishing role in small business finance
- New entrants in small business finance, both matchmakers and direct lenders
- Introduction to significant vendors providing financing services
- Identification of challenges facing banks in efficiently and innovatively serving small business borrowers
The report is 27 pages long and contains 13 exhibits.
Learn More About This Report & Javelin
Related content
The Virtual Economy: Measuring Buyer Industry Receptiveness to Using Virtual Cards
Virtual cards are a fast-growing force in business-to-business payments, but adoption remains uneven across buyer industries. This report analyzes 147 U.S. industries using a compo...
AI in Commercial Payments: Do Payables Bots Dream of Dynamic Discounts?
AI’s transformative effects are becoming evident in how businesses source and buy things. The growing use of AI—predictive, generative, and agentic—across the source-to-settle valu...
Bots in the Back Office: Agentic AI and Commercial Payments
Agentic artificial intelligence stands to reshape commercial payments, from sourcing to settlement. Accordingly, banks, enterprise resource planning providers, and fintechs would b...
Make informed decisions in a digital financial world