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Alternative lending is on the rise as traditional banks struggle to lend

By Puja Sharma

May 23, 2022

  • Advanced Automation
  • AI
  • Alternative Lending
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Alternative lenders can efficiently onboard customers by using technology based on machine learning and AI. Although traditional banks still hold a larger chunk of the business lending market, growth has slowed, suggesting a growing demand for alternative lending platforms. Alternative lenders are in a unique position to challenge incumbent banks because they have a massive […]

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