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PBS News Hour

Small business owners turn to online lenders when banks bail

Since the financial crisis, small business lending by banks has declined substantially according to federal data. The value of loans of less than $100 thousand dollars is down by more than 18% since 2008. But while banks have pulled back, new types of sparsely regulated nonbank lenders have stepped in as alternatives, hoping to disrupt traditional small business lending.
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April 18, 2025 - PBS News Hour full episode
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Season 2025 Episode 108
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