traditional banking process

1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement May 28, 2014 by Noah Breslow · across every show →

Everything said about traditional banking process, oldest first

May 28, 2014
Assertion Partly supported
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.”
Noah Breslow May 28, 2014 ▶ 1:35 Noah Breslow & Abhra Mitra, onDeck // Data Driven #27 // May 2014 (Hosted by FirstMark Capital)
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