Home > Resources > Whitepapers > Small Business Lending: Banks, FinTech, or SBA?

Small Business Lending: Banks, FinTech, or SBA?

Small businesses have always had a harder time securing financing than their larger brethren, but these challenges have grown even worse in recent years. As economic conditions have improved, fledgling firms have been seeking additional capital to invest and expand. While demand for credit from this sector is growing, many banks are reluctant to provide them the financing they need.

Spotlight

Felix - Intelligent Local Advertising

Felix powers local commerce by connecting consumers with businesses at the moment they're ready to make a purchase. Using advanced speech recognition technology, our advertisers only pay us when they receive a phone call from a new customer interested in doing business with them. In 2012, Felix's product was featured in Business Insider's "The Best Startup Pitches We've Ever Seen." Most importantly, every year we drive millions of measurable consumer transactions with our small businesses.

OTHER WHITEPAPERS

SMALL BUSINESS GUIDE

whitePaper | November 17, 2019

Small businesses work hard to build a profitable and sustainable company. Don’t let criminals take it all away. Learn how you can reduce the threat of identity and cyber crimes

Tech and Talent Survey

whitePaper | February 24, 2020

Cloud Computing, Customer Relationship Tools, Cyber Security Lead Priorities for Small Businesses By leveraging innovative technologies to transfer and analyze data more quickly, CIT is better able to focus the expertise of its leaders on developing the right financing solutions for its small business clients.

5 Productivity Tips Every Small Business Needs to Know

whitePaper | June 21, 2021

As an entrepreneur, starting a new business is exciting. Backed by the support of a close-knit team, you face new challenges every day and you put in the hours to make your business work. But your time may be taken up by rote tasks, leaving you less time to acquire new prospects and care for your existing customer relationships.

SME banking: Business banking done differently

whitePaper | September 26, 2022

Small and medium-sized enterprises (SMEs) are a big deal in almost every country. Around 90% of businesses worldwide are SMEs and they provide more than half of all jobs, according to the World Bank. SMEs also make an outsized contribution to national income, ranging from up to 40% in emerging economies1 to around 55% in Europe.

PROVIDING ANSWERS FOR RETAIL SUSTAINABILITY

whitePaper | November 30, 2022

Sustainability is the watchword of the day. Politicians, the media and consumers agree that the environment is the top priority of our times.

Business buyer's guide to choosing the right smartphones for your team

whitePaper | March 30, 2022

News and analysis about smartphones typically focus on the flash and sizzle of the latest consumer features, but for business decision-makers there is often an entirely different set of criteria when selecting a device for the workforce. Companies are embracing smartphones and the benefits of mobility, and many see they can no longer depend on employee-owned devices and Bring Your Own Device (BYOD) policies. They know phones are poised to replace laptops as their team’s primary computing devices, and they see the potential value of running their business on mobile applications on a uniform platform they control completely

Small Business Lending: Banks, FinTech, or SBA?