28 Apr '16, 3pm

7 Core Ways to Compare Lenders and Products

7 Core Ways to Compare Lenders and Products Many small businesses looking for a loan feel they are in a stormy sea being pulled and tugged in many directions, some of them potentially treacherous. There are lots of very different lenders vying for their business; some with approaches that are new and different and others that have been around since the early part of last century. Yet there are some basic ways borrowers can differentiate between the different lenders and determine which are appropriate. Technology is revolutionizing how lender and borrowers meet and interact. “Big-data” analysis techniques are driving radical shifts in risk management, and are directly impacting which borrowers’ loans and approved and at what price; and changes in regulations spawned by the great recession drive shifts in banks’ appetites for and approaches to small business lending. Add to...

Full article: http://www.blogtrepreneur.com/7-core-ways-compare-lenders...

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