“If we only picked easy decisions with the strongest credit scores, we’d miss out on a lot of business. We really need a meaningful score for businesses in the middle range…and help us make those tougher decisions.” – Small Business Lending Executive
A huge number of US small businesses are going to require assistance to get back on their feet in the form of small business loans. Most small business lenders use credit scores or small business scorecards to make lending decisions. But making sure that your decision process accurately reflects your organization’s risk appetite and small business lending objectives can be challenging.
Download our Executive Brief “Smarter Small Business Lending with Analytics and Scoring”
This brief provides an overview of
- The numerous benefits of using small business scores in addition consumer credit scores in making small business lending decisions
- How to overcome the complexity of the best performing small business scorecards
- How to use “pooled models” that leverage data from small business lenders like you from all over the nation
- The importance of ensuring that your small business lending decisions are easily explainable to regulators, executive and your customers.
