Sentences with phrase «nonbank small»
«Today's proposal, along with past regulatory actions, will make it challenging for banks to meet the needs of the estimated 50 million consumers who access a variety of bank and nonbank small - dollar lending products each year,» said Virginia O'Neill, senior vice president of the American Bankers Association's Center for Regulatory Compliance, in a statement.
https://www.cnbc.com/ Not exact matches
Why you should care: Founded by GroupMe millionaire Jared Hecht, Fundera is a website that helps make it simple for small businesses to get loans from nonbank lenders.
Nonbank lenders are pulling ahead in small - business financing.
Today, tightened regulations and a reluctance among large lenders to deal with risky customers has shifted borrowing to smaller institutions that have adopted the group name «nonbanks.»