Rapid online loan approvals and disbursements are core to the proposition of many UK consumer lenders.
40% of lenders see quick delivery of funds as one of the three biggest challenges facing their business.
This is one of the lead findings from a survey, commissioned by business payments provider Modulr, into the challenges faced by lenders.
About Modulr
The new digital payment account for business. Modulr provides a new type of payment account. Built for businesses that need a faster, easier and more reliable way to move money.