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BAI Banking Strategies

21.05 - Rethinking credit risk in underserved communities

06 Apr 2021

Description

Accessing capital can be a challenge for small-business owners in lower-income communities, largely because of how lenders assess the credit risk of these would-be borrowers. Brad McConnell, CEO of Allies for Community Business in Chicago, joins us to discuss a novel way of gauging repayment risk in underserved areas.

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