Why Small Business Clients Need Digital Options
Brought to you by Funding Circle
One of the biggest pain points a small business client faces is the time required to apply for a loan or line of credit. Banks can solve this problem by digitizing their small business lending process, and in doing so, they can also reach a broader swath of small businesses, says Steve Allocca, CEO of Funding Circle. Whether a bank chooses to digitize all or part of its small business lending process, leverage emerging technology can make borrowing easier and more accessible to small businesses.
Topics discussed include:
- Improving Convenience
- Fully Digital vs. Hybrid
- Data Privacydo