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AI to improve SMB loan approval rates

Stratyfy, Parlay team up for AI-driven underwriting

Whitney McDonaldbyWhitney McDonald
June 5, 2025
in Lending
Reading Time: 3 mins read
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Financial institutions are investing in small business lending technology as AI presents an opportunity to boost approval rates.  In the fourth quarter of 2024, fewer than half of small business loan applications in the United States were approved, according to Statista.  “Despite the fact that a lot of things have improved with technology, small business […]

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