U.K. policymakers, or Members of Parliament (MPs), are slamming financial institutions (FIs) for their treatment of small business (SMB) borrowers, and are calling on the government to overhaul business lending regulations as a result. Reports in Reuters late last week said the U.K. Treasury Select...
The paper-based income statement and balance sheet models for SMB lending are inefficient at best and may not be the best arbiters of credit risk. Provenir Managing Director Paul Thomas told PYMNTS about the benefits of data, both structured and unstructured, in the (digital) SMB lending...
The overall amount that small businesses in the United States borrowed slipped for the second straight month in November, reported Reuters on Tuesday (Jan. 5). The numbers for the month’s Thomson Reuters/PayNet Small Business Lending Index came in at 127.4, which was down from 129.9 in October...
January 06, 2016
The overall amount that small businesses in the United States borrowed slipped for the second straight month in November, reported Reuters on Tuesday (Jan. 5). The numbers for the month’s Thomson Reuters/PayNet Small Business Lending Index came in at 127.4, which was down from 129.9 in October (that latter number was revised downward when the November data was […]
