Do credit union executives believe that online lenders pose a threat to their small business lending programs? We asked this question to a group of them during a webinar we hosted on July 16. Granted, it was a biased selection given the subject of the event – "Compete and Win in Small Business Lending" – and a relatively small sample, but their response provided insight into how many traditional lenders view these new competitors. I'll have more on their response later.
What do the industry numbers say?
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