Monday, April 17, 2017

71% of Small Businesses Use Debt But Mostly Under $100k

The new Federal Reserve Small Business Credit Survey is just out, and shows the key opportunity for community and regional financial institutions (FIs).  71% of employer firms have debt, but more than half hold less than $100,000.   The average loan outstanding for these businesses is about $20,000.  The opportunity for community and regional financial institutions is to serve these businesses efficiently and profitably.  Today, loans under $100,000 are not profitable for FIs because they require similar application, underwriting, loan processes, risk rating and monitoring as larger loans. 


Digital lending technology today targeted specifically to the under $100,000 loan market segment allows automation of application through risk rating and ongoing monitoring.  Loans are delivered and monitored all under your brand, for your loans, with your compliance and under your control -  all in a three-minute customer experience on a computer, tablet or smart device.  Community FIs win in this space because you have the lowest cost of funds, established customer relationships and proven compliance.  You just need the technology we provide you. like Business MinuteLender.®

 
 

2 comments:

  1. Hello,

    Have you been struggling financially? Have you been trying to get a loan at low rate? Do you need the help of a private lender to help you get loan? Do you need loan to finance your estate or refinance your mortgage? Have you been planning to start a new business or expand an existing one? Are you a student that have been thinking hard for where you can get a student loan? We also render auto loan to trucking companies and truck drivers. Our services are also reachable to those who are business men and women. We offer all kinds of loan and we make it easy to transfer no matter the amount you need and your location. We offer all these loan services at a very cheap rate of 3%. Do not be afraid to apply because we offer loan in all currencies. We are reachable at jaafarlending44@gmail.com

    If you are interested in the loan, you are to fill the following details to start the loan process.
    Borrower's Information.
    1. Full Names :...................
    2. Address :...................
    3. State :...................
    4. Country :...................
    5. Telephone :...................
    6. Gender :...................
    7. Marital Status :...................
    8. Occupation :...................
    9. Monthly Income :...................
    10. Loan Amount Needed :...................
    11. Loan Duration :...................
    12. Loan Purpose :...................
    13. Have you applied before? :...................

    You are expected to apply with the correct details so that we will send you the loan terms and conditions.

    Regards,
    Jaafar.

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