financial

Reinventing small and medium-size business banking in the US

Reinventing small and medium-size business banking in the US

US bank lending to SMBs has been flat in recent years, while alternative lenders have seen robust growth. If banks do not move quickly to engage with SMBs digitally, they risk losing even more share of the market to fintechs. Banks possess a wealth of strategic advantages in the battle for SMB business, but they must actively leverage these in order to stay competitive.

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