But it is also possible that the very different strengths of community banks and online lenders could lead to complementarity and collaboration in the provision of credit to small business while recognizing there are important risks that must be managed by banks and borrowers.
By working together, lenders, borrowers, and regulators can help support an outcome whereby credit channels are strengthened and the possible risks are being proactively managed. Small businesses, small business credit, and the U.S. economy Small businesses make up a large and vitally important segment of the U.S. economy. And their vitality hinges centrally on their access to credit.