This episode examines a blog post from PCBB titled “Benefits of digital lending keep growing, along with loan volume.” The market for small business loans continues to grow. A digital lending platform can provide borrowers with the convenience of applying for loans at the time, place, and using the device that is best for them. Digital lending can help banks with faster loan decisions, more consistent lending decisions, improved accuracy, better compliance, and a competitive advantage. Digital lending can also help banks save money and build a better loan portfolio. A link to the blog post is included below.
Link: Benefits of Digital Lending Keep Growing, Along with Loan Volume
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