As your customers expand their businesses across borders, they need to know that your financial institution can provide international services like foreign wires or check clearing.
The global market is growing and with small businesses making up 97% of all exporters, your customers will be growing too.
Some banks have been busy prioritizing M&A.
Small business lending is a competitive market.
Getting a loan from a large bank can be a challenge for a small business startup.
Cisco reports that many small and medium-sized businesses can go out of business due to a cyberattack.
Small businesses have been seeing business conditions improve according to a NFIB survey.
Half of community banks cite decision speed as a competitive advantage over big banks for small business loans.
Banks can always do more when it comes to cyber breaches and threats.
The most recent FDIC survey found that small business lending by banks has been significantly underestimated.