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Small Business Center

Alternative Data for Evaluating Small Businesses’ Credit

May 15, 2024

New business applications broke a record last year. In response, a wave of innovation led by fintech providers and banks is reshaping the credit landscape, and alternative credit models are emerging. This Pymnts article explores alternative, data-driven approaches that are revolutionizing financial access for small businesses and addressing the pressing challenges of credit invisibility and underbanking in the small business market.

By Rebecca Meiser

Contributor, Commerce + Communities Today and Small Business Center

Small Business Center

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