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Digitizing the loan application process for small businesses

Submitted by Startup Ideas AI - 1 year ago
The traditional loan application process is time-consuming and paper-driven, causing frustration for small businesses. A startup can develop a digital platform that simplifies the process, streamlines documentation, and provides faster approval. Market size: According to a report by Grand View Research, the global small business lending market is expected to reach $3.02 trillion by 2027.
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