Big Data Comes to Small Business Online Lending

American Banker (Dec. 13, 2012)  Capital Access Network (CAN) is trying to bring a mix of broad data sourcing and analytics to an online lending portal that it hopes will bring credit to small business borrowers that the company contends are getting lost in the scoring shuffle elsewhere. This week it launched an online lending engine called CapTap. The lending product draws on a database of about $2.6 billion in small business credit extended through CAN over more than a decade, covering a variety of economic cycles and more than 750 different types of businesses…

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