financing

In today’s digital world, business processes produce huge amounts of data. Companies can analyze this information to get insights about various aspects of their operations. Big data has become especially important in finance. Banks, lenders, and investors can gain insights into customers and market trends, by assessing financial transactions using many different … [Read more...] about How Big Data Can Help Make Smarter Financial Decisions

Non-bank lenders are a type of non-bank financial institution. They provide loans to businesses but do not offer other traditional financial services like checking or savings accounts.  These borrowing options are becoming increasingly popular, especially with small businesses. In 2021, 45% of small businesses sought loans or financing from non-bank … [Read more...] about Understanding the Rise of Non-Bank Lending in Business Financing

Entrepreneurs face challenges when obtaining financing for their businesses. Some 69% of small business owners cover startup costs with personal savings, while 60% rely on credit cards.  Many startups have trouble getting financing from traditional lenders. Goldman Sachs found that 77% of small businesses are worried about access to capital. About … [Read more...] about Guide to Alternative Financing for Entrepreneurs