Even as the nation recovered slowly from the Great Recession, commercial bank lending policies for businesses with short track records or owners challenged with credit score or collateral deficiency issues seemed as tight as ever.
As we moved into the second decade of the century, CEDF watched as a flurry of new lending sources came on the scene in tandem with what might someday be labeled the high-speed internet age or the smartphone era. Claiming to provide quick turnaround, few requ...