SBA lenders have been working nonstop to help small businesses affected by COVID-19 get access to capital under the CARES Act signed into law last week for businesses via the Payroll Protection Program (PPP). Decipher’s team has been working around the clock and has developed an all-digital SBA PPP lender application and complete automated solution to process and approve businesses quickly.
Experts agree on the Top 5 Trends for Commercial Lenders in 2019. Changes in the lending model, in technology, remote work, and open banking are set to impact lenders in 2019. Decipher sourced information from Forbes, The Financial Times, Business News Daily, PwC and experts in lending to bring you the latest trends that will impact lenders.
How and why technology is innovating the traditional commercial lending space. Businesses can now apply online for funding and commercial lenders can respond faster, stay ahead of competitors, and take on more customers with cutting edge underwriting technology.