{"id":7823,"date":"2023-11-23T15:44:11","date_gmt":"2023-11-23T10:14:11","guid":{"rendered":"https:\/\/whitesight.net\/?p=7823"},"modified":"2023-11-23T15:46:47","modified_gmt":"2023-11-23T10:16:47","slug":"2023-emfi-roundup-smb-financing","status":"publish","type":"post","link":"https:\/\/qistaging.com\/whitesight\/2023-emfi-roundup-smb-financing\/","title":{"rendered":"2023 Roundup: SMB Financing Gets a Makeover with Embedded Finance"},"content":{"rendered":"SMB Financing: Cat Bath or Credit Path? For small and midsize businesses (SMBs), trying to get a loan from traditional financial institutions may feel like trying to convince a cat to take a bath\u2014challenging, frustrating, and often ending in scratches. Despite being the unsung heroes of the global economy, SMBs have been stuck in a quagmire, dealing with paperwork mountains, collateral hurdles, and credit history-perfectionist gatekeepers. A survey by EY highlights that 48% of SMBs yearn for swift credit access, as they find themselves grappling with loan processes so intricate they make a Rubik\u2019s cube look like child\u2019s play.\u00a0Traditional credit models applied by incumbent financial institutions fall short in catering to SMBs\u2019 diverse and rapid needs, leading to low approval rates and high costs of capital. The focus on larger loan sizes, reliance on credit bureau data, and an asset-centric approach contribute to the financial exclusion of SMBs with limited credit history from formal credit channels. This exclusion creates a cyclical dilemma for SMBs, as rejected loan applications prevent them from building a credit history, perpetuating their exclusion. Enter the world of embedded lending, which addresses several challenges that previously hindered market players from becoming lenders, such as the high [&hellip;] \t\t<div class=\"woocommerce\">\n\t\t\t<div class=\"woocommerce-info wc-memberships-restriction-message wc-memberships-message wc-memberships-content-restricted-message\">\n\t\t\t\tThis post is only available to members.\t\t    <\/div>\n\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p><span class=\"rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\"><\/span> <span class=\"rt-time\">3<\/span> <span class=\"rt-label rt-postfix\">mins read<\/span><\/span> SMB Financing: Cat Bath or Credit Path? For small and midsize businesses (SMBs), trying to get a loan from traditional financial institutions may feel like trying to convince a cat to take a bath\u2014challenging, frustrating, and often ending in scratches. Despite being the unsung heroes of the global economy, SMBs have been stuck in a quagmire, dealing with paperwork mountains, collateral hurdles, and credit history-perfectionist gatekeepers. A survey by EY highlights that 48% of SMBs yearn for swift credit access, as they find themselves grappling with loan processes so intricate they make a Rubik\u2019s cube look like child\u2019s play.\u00a0Traditional credit models applied by incumbent financial institutions fall short in catering to SMBs\u2019 diverse and rapid needs, leading to low approval rates and high costs of capital. The focus on larger loan sizes, reliance on credit bureau data, and an asset-centric approach contribute to the financial exclusion of SMBs with limited credit history from formal credit channels. This exclusion creates a cyclical dilemma for SMBs, as rejected loan applications prevent them from building a credit history, perpetuating their exclusion. Enter the world of embedded lending, which addresses several challenges that previously hindered market players from becoming lenders, such as the high [&hellip;] \t\t<\/p>\n<div class=\"woocommerce\">\n<div class=\"woocommerce-info wc-memberships-restriction-message wc-memberships-message wc-memberships-content-restricted-message\">\n\t\t\t\tThis post is only available to members.\t\t    <\/div>\n<\/p><\/div>\n","protected":false},"author":3,"featured_media":7836,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[103,88],"tags":[34,113,116,76],"hashtags":[],"class_list":["post-7823","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-embedded-finance","category-insights","tag-embedded-finance","tag-global","tag-roundup","tag-sme-finance","membership-content","access-restricted"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.9.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>2023 Roundup: SMB Financing Gets a Makeover with Embedded Finance - WhiteSight<\/title>\n<meta name=\"description\" content=\"Uncover 2023&#039;s Embedded Finance Roundup for trends in embedded lending, extending products for SMBs that meet diverse and rapid needs.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/qistaging.com\/whitesight\/2023-emfi-roundup-smb-financing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"2023 Roundup: SMB Financing Gets a Makeover with Embedded Finance - WhiteSight\" \/>\n<meta property=\"og:description\" content=\"Uncover 2023&#039;s Embedded Finance Roundup for trends in embedded lending, extending products for SMBs that meet diverse and rapid needs.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/qistaging.com\/whitesight\/2023-emfi-roundup-smb-financing\/\" \/>\n<meta property=\"og:site_name\" content=\"WhiteSight\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-23T10:14:11+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-23T10:16:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/qistaging.com\/whitesight\/wp-content\/uploads\/2023\/11\/Embedded-credit-Featured_Image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"700\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Risav Chakraborty&nbsp;and&nbsp;Sanjeev Kumar\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@WhiteSight_\" \/>\n<meta name=\"twitter:site\" content=\"@WhiteSight_\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Risav Chakraborty&nbsp;and&nbsp;Sanjeev Kumar\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/qistaging.com\/whitesight\/2023-emfi-roundup-smb-financing\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/qistaging.com\/whitesight\/2023-emfi-roundup-smb-financing\/\"},\"author\":{\"name\":\"Risav Chakraborty&nbsp;and&nbsp;Sanjeev Kumar\",\"@id\":\"https:\/\/qistaging.com\/whitesight\/#\/schema\/person\/a34233e544882df0986701cc0018c540\"},\"headline\":\"2023 Roundup: SMB Financing Gets a Makeover with Embedded Finance\",\"datePublished\":\"2023-11-23T10:14:11+00:00\",\"dateModified\":\"2023-11-23T10:16:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/qistaging.com\/whitesight\/2023-emfi-roundup-smb-financing\/\"},\"wordCount\":692,\"publisher\":{\"@id\":\"https:\/\/qistaging.com\/whitesight\/#organization\"},\"keywords\":[\"Embedded Finance\",\"Global\",\"Roundup\",\"SME Finance\"],\"articleSection\":[\"Embedded Finance\",\"Insights\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/qistaging.com\/whitesight\/2023-emfi-roundup-smb-financing\/\",\"url\":\"https:\/\/qistaging.com\/whitesight\/2023-emfi-roundup-smb-financing\/\",\"name\":\"2023 Roundup: SMB Financing Gets a Makeover with Embedded Finance - WhiteSight\",\"isPartOf\":{\"@id\":\"https:\/\/qistaging.com\/whitesight\/#website\"},\"datePublished\":\"2023-11-23T10:14:11+00:00\",\"dateModified\":\"2023-11-23T10:16:47+00:00\",\"description\":\"Uncover 2023's Embedded Finance Roundup for trends in embedded lending, extending products for SMBs that meet diverse and rapid needs.\",\"breadcrumb\":{\"@id\":\"https:\/\/qistaging.com\/whitesight\/2023-emfi-roundup-smb-financing\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/qistaging.com\/whitesight\/2023-emfi-roundup-smb-financing\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/qistaging.com\/whitesight\/2023-emfi-roundup-smb-financing\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/qistaging.com\/whitesight\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"2023 Roundup: SMB Financing Gets a Makeover with Embedded Finance\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/qistaging.com\/whitesight\/#website\",\"url\":\"https:\/\/qistaging.com\/whitesight\/\",\"name\":\"WhiteSight\",\"description\":\"Fintech Research\",\"publisher\":{\"@id\":\"https:\/\/qistaging.com\/whitesight\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/qistaging.com\/whitesight\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/qistaging.com\/whitesight\/#organization\",\"name\":\"WhiteSight\",\"url\":\"https:\/\/qistaging.com\/whitesight\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/qistaging.com\/whitesight\/#\/schema\/logo\/image\/\",\"url\":\"http:\/\/qistaging.com\/whitesight\/wp-content\/uploads\/2023\/07\/WS_Logo_-for-White-BG-01.png\",\"contentUrl\":\"http:\/\/qistaging.com\/whitesight\/wp-content\/uploads\/2023\/07\/WS_Logo_-for-White-BG-01.png\",\"width\":758,\"height\":495,\"caption\":\"WhiteSight\"},\"image\":{\"@id\":\"https:\/\/qistaging.com\/whitesight\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/twitter.com\/WhiteSight_\",\"https:\/\/www.linkedin.com\/company\/whitesight\/\"]},[{\"@type\":[\"Person\"],\"@id\":\"https:\/\/qistaging.com\/whitesight\/#\/schema\/person\/a34233e544882df0986701cc0018c540\",\"name\":\"Risav Chakraborty\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/qistaging.com\/whitesight\/#\/schema\/person\/image\/\",\"inLanguage\":\"en_US\",\"url\":\"https:\/\/qistaging.com\/whitesight\/wp-content\/uploads\/2023\/03\/Risav-Photo.png\",\"caption\":\"Risav Chakraborty\"}},{\"@type\":[\"Person\"],\"@id\":\"https:\/\/qistaging.com\/whitesight\/#\/schema\/person\/a34233e544882df0986701cc0018c540\",\"name\":\"Sanjeev Kumar\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/qistaging.com\/whitesight\/#\/schema\/person\/image\/\",\"inLanguage\":\"en_US\",\"url\":\"https:\/\/qistaging.com\/whitesight\/wp-content\/uploads\/2023\/06\/Sanjeev-Kumar.jpg\",\"caption\":\"Sanjeev Kumar\"}}]]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"2023 Roundup: SMB Financing Gets a Makeover with Embedded Finance - WhiteSight","description":"Uncover 2023's Embedded Finance Roundup for trends in embedded lending, extending products for SMBs that meet diverse and rapid needs.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/qistaging.com\/whitesight\/2023-emfi-roundup-smb-financing\/","og_locale":"en_US","og_type":"article","og_title":"2023 Roundup: SMB Financing Gets a Makeover with Embedded Finance - WhiteSight","og_description":"Uncover 2023's Embedded Finance Roundup for trends in embedded lending, extending products for SMBs that meet diverse and rapid needs.","og_url":"https:\/\/qistaging.com\/whitesight\/2023-emfi-roundup-smb-financing\/","og_site_name":"WhiteSight","article_published_time":"2023-11-23T10:14:11+00:00","article_modified_time":"2023-11-23T10:16:47+00:00","og_image":[{"width":700,"height":1024,"url":"https:\/\/qistaging.com\/whitesight\/wp-content\/uploads\/2023\/11\/Embedded-credit-Featured_Image.jpg","type":"image\/jpeg"}],"author":"Risav Chakraborty&nbsp;and&nbsp;Sanjeev Kumar","twitter_card":"summary_large_image","twitter_creator":"@WhiteSight_","twitter_site":"@WhiteSight_","twitter_misc":{"Written by":"Risav Chakraborty&nbsp;and&nbsp;Sanjeev Kumar","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/qistaging.com\/whitesight\/2023-emfi-roundup-smb-financing\/#article","isPartOf":{"@id":"https:\/\/qistaging.com\/whitesight\/2023-emfi-roundup-smb-financing\/"},"author":{"name":"Risav Chakraborty&nbsp;and&nbsp;Sanjeev Kumar","@id":"https:\/\/qistaging.com\/whitesight\/#\/schema\/person\/a34233e544882df0986701cc0018c540"},"headline":"2023 Roundup: SMB Financing Gets a Makeover with Embedded Finance","datePublished":"2023-11-23T10:14:11+00:00","dateModified":"2023-11-23T10:16:47+00:00","mainEntityOfPage":{"@id":"https:\/\/qistaging.com\/whitesight\/2023-emfi-roundup-smb-financing\/"},"wordCount":692,"publisher":{"@id":"https:\/\/qistaging.com\/whitesight\/#organization"},"keywords":["Embedded Finance","Global","Roundup","SME Finance"],"articleSection":["Embedded Finance","Insights"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/qistaging.com\/whitesight\/2023-emfi-roundup-smb-financing\/","url":"https:\/\/qistaging.com\/whitesight\/2023-emfi-roundup-smb-financing\/","name":"2023 Roundup: SMB Financing Gets a Makeover with Embedded Finance - WhiteSight","isPartOf":{"@id":"https:\/\/qistaging.com\/whitesight\/#website"},"datePublished":"2023-11-23T10:14:11+00:00","dateModified":"2023-11-23T10:16:47+00:00","description":"Uncover 2023's Embedded Finance Roundup for trends in embedded lending, extending products for SMBs that meet diverse and rapid needs.","breadcrumb":{"@id":"https:\/\/qistaging.com\/whitesight\/2023-emfi-roundup-smb-financing\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/qistaging.com\/whitesight\/2023-emfi-roundup-smb-financing\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/qistaging.com\/whitesight\/2023-emfi-roundup-smb-financing\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/qistaging.com\/whitesight\/"},{"@type":"ListItem","position":2,"name":"2023 Roundup: SMB Financing Gets a Makeover with Embedded Finance"}]},{"@type":"WebSite","@id":"https:\/\/qistaging.com\/whitesight\/#website","url":"https:\/\/qistaging.com\/whitesight\/","name":"WhiteSight","description":"Fintech Research","publisher":{"@id":"https:\/\/qistaging.com\/whitesight\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/qistaging.com\/whitesight\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/qistaging.com\/whitesight\/#organization","name":"WhiteSight","url":"https:\/\/qistaging.com\/whitesight\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/qistaging.com\/whitesight\/#\/schema\/logo\/image\/","url":"http:\/\/qistaging.com\/whitesight\/wp-content\/uploads\/2023\/07\/WS_Logo_-for-White-BG-01.png","contentUrl":"http:\/\/qistaging.com\/whitesight\/wp-content\/uploads\/2023\/07\/WS_Logo_-for-White-BG-01.png","width":758,"height":495,"caption":"WhiteSight"},"image":{"@id":"https:\/\/qistaging.com\/whitesight\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/twitter.com\/WhiteSight_","https:\/\/www.linkedin.com\/company\/whitesight\/"]},[{"@type":["Person"],"@id":"https:\/\/qistaging.com\/whitesight\/#\/schema\/person\/a34233e544882df0986701cc0018c540","name":"Risav Chakraborty","image":{"@type":"ImageObject","@id":"https:\/\/qistaging.com\/whitesight\/#\/schema\/person\/image\/","inLanguage":"en_US","url":"https:\/\/qistaging.com\/whitesight\/wp-content\/uploads\/2023\/03\/Risav-Photo.png","caption":"Risav Chakraborty"}},{"@type":["Person"],"@id":"https:\/\/qistaging.com\/whitesight\/#\/schema\/person\/a34233e544882df0986701cc0018c540","name":"Sanjeev Kumar","image":{"@type":"ImageObject","@id":"https:\/\/qistaging.com\/whitesight\/#\/schema\/person\/image\/","inLanguage":"en_US","url":"https:\/\/qistaging.com\/whitesight\/wp-content\/uploads\/2023\/06\/Sanjeev-Kumar.jpg","caption":"Sanjeev Kumar"}}]]}},"_links":{"self":[{"href":"https:\/\/qistaging.com\/whitesight\/wp-json\/wp\/v2\/posts\/7823","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/qistaging.com\/whitesight\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qistaging.com\/whitesight\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qistaging.com\/whitesight\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/qistaging.com\/whitesight\/wp-json\/wp\/v2\/comments?post=7823"}],"version-history":[{"count":24,"href":"https:\/\/qistaging.com\/whitesight\/wp-json\/wp\/v2\/posts\/7823\/revisions"}],"predecessor-version":[{"id":7853,"href":"https:\/\/qistaging.com\/whitesight\/wp-json\/wp\/v2\/posts\/7823\/revisions\/7853"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/qistaging.com\/whitesight\/wp-json\/wp\/v2\/media\/7836"}],"wp:attachment":[{"href":"https:\/\/qistaging.com\/whitesight\/wp-json\/wp\/v2\/media?parent=7823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qistaging.com\/whitesight\/wp-json\/wp\/v2\/categories?post=7823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qistaging.com\/whitesight\/wp-json\/wp\/v2\/tags?post=7823"},{"taxonomy":"hashtags","embeddable":true,"href":"https:\/\/qistaging.com\/whitesight\/wp-json\/wp\/v2\/hashtags?post=7823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}