But despite this enormous opportunity, commercial credit is still viewed by many would-be B2B lenders as something too complex for them to efficiently automate. This is why commercial lending space is dominated to this extent by national and international legacy players.
But just as consumer lending saw a revolution in recent years in terms industry entry barrier, now every part of the B2B finance space is going through the same transformation.
Armed with readily accessible intelligent automation tailored to your processes and decision logic, all common B2B lending models and credit products can run largely on autopilot while you focus on the business development side of your operation.
In this white paper we’ve gathered the answers we at TurnKey Lender have been gathering since our first commercial lending project. Hundreds of successful lending operations later, here’s what you need to know.
- Part I: How to enter the commercial lending space (10 high-growth business lending sectors)
- Part II: All you need to know before you automate your commercial lending process
- Part III: B2B credit automation that cuts operational costs and minimises credit risk