Remember when small business lending was just a handshake and a notebook at the local bank? I swear my dad got his first loan for $5,000 back in 1992 just by telling the branch manager his plan over coffee.

Now I'm jumping through 47 online forms just to get denied by an algorithm for a $3,000 equipment loan, and the old way felt way more human and actually worked better because someone knew your name and your street.

2 comments

2 Comments

rileyellis14d ago

Honestly used to roll my eyes at that nostalgic stuff, but you've got a point. A human knowing your face is way more useful than a form asking if your business is part of a protected class.

drew69014d ago

Protected class" is actually a legal term that covers things like race, religion, and disability status, not just small business forms. Most places asking about that are required by law, not just being nosy. Still, I get your main point about preferring real human recognition over automated nonsense.