Alternative lenders are financial institutions that provide loans to individuals and businesses outside traditional banking channels. With the rise of technology, many of these lenders leverage innovative solutions backed by platforms like Salesforce to streamline the lending process, enhance customer experience, and improve risk assessment. They often offer faster approvals, flexible terms, and cater to those with less-than-perfect credit. By understanding alternative lending, businesses can access the capital they need without the hurdles of traditional banks. For a deeper dive into the insights of alternative lending and solutions backed by Salesforce, check the show notes for the full article.
