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Small Business Marketplace Lending Trends
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News Roundup
Small Business Marketplace Lending Trends

Small Business Marketplace Lending Trends

Fintech Nexus Staff·
News RoundupOnline Lending
·Nov. 17, 2016·1 min read

Data from Moody’s and the Federal Reserve shows that marketplace lenders are significantly serving small businesses with revenue less than $1 million; demands are differing for marketplace loans from micro businesses versus established businesses with greater than $1 million; micro businesses are seeking longer-term loans while established businesses are utilizing marketplace lenders for lines of credit; source says trend toward marketplace lending and bank partnerships could help to lower rates for small businesses.  Source

 

  • Fintech Nexus Staff
    Fintech Nexus Staff

    This piece was created by one of our content team members. Reach us at editors@fintechnexus.com

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