Post Tagged with: "Federal Reserve Bank of Richmond"

Marketplace Lenders Win 20% of Small Business Loan Apps, Fed Says

Marketplace Lenders Win 20% of Small Business Loan Apps, Fed Says

by March 23, 2016 at 10:34 am 3 comments

Marketplace lending has siphoned a notable share of small business lending, new research shows. According to a little-noticed report from the Federal Reserve Bank of Richmond, fully 20% of all small business loan applications are now being originated by marketplace lenders. And in loans to companies that have less thanRead More