Small businesses turn to online lenders

by PBS NewsHour Narrated by PBS NewsHour

Overview

Since the financial crisis, small business lending by banks has declined substantially according to federal data. The value of loans of less than $100 thousand dollars is down by more than 18% since 2008. But while banks have pulled back, new types of sparsely regulated nonbank lenders have stepped in as alternatives, hoping to disrupt traditional small business lending.

Product Details

BN ID:	2940171984793
Publisher:	NewsHour Productions
Publication date:	06/22/2014
Edition description:	Unabridged

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