General World News

A look at the nonbank and alternative lending industry in 2019 (WFC, BAC, C, JPM, USB, PYPL)

AltLending Infographic 4x3
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Nonbanks and alternative lending institutions are making their way into the banking industry – posing a major threat to incumbent banks. Alt lenders’ ability to utilize technology and provide efficient and effective lending services to underserved businesses and individuals is allowing them to penetrate the market and find success.

Below we break down what alternative lending is, list the top alt lenders in the industry, and detail how alternative financial institutions are threatening the dominance of incumbent read more >>>

Source:: BusinessInsider.Com