Traditional Banking Process
topic on 1 show · 1 statements across 1 episodes
1 statements about Traditional Banking Process, every show
Oliver Wyman study: Bank loans under $100K are almost unprofitable
“Oliver Wyman did a study where they looked at loans to small businesses underneath a 100,000 dollars, and they found that the traditional banking process, which can take about 30 days on average is almost unprofitable, ah, for the bank, ah, in most cases.”