The Financial Brand’s Nick Holland recently featured Vancity’s Bill Cunningham, Unitus’ Brian Devereux and JUDI.AI’s Gord Baizley about the proliferation of cash flow underwriting in small business lending.
“Bottom line: Community institutions have the cheapest capital and the deepest community relationships — what they’ve lacked is the technology to make small-dollar lending economically viable. That technology now exists. The institutions moving fastest are proving that community-based lending and modern efficiency are a single circle Venn diagram.”
Read the full article: https://thefinancialbrand.com/news/business-lending/how-banks-are-closing-the-smb-lending-gap-196089

