Fintech, Small Business & the American Dream
Karen G. Mills, "Fintech, Small Business & the American Dream:
How Technology Is Transforming Lending and Shaping a New Era of Small Business Opportunity"
2019 | English | ISBN: 3030036197 | 202 pages | EPUB | 7 MB
How Technology Is Transforming Lending and Shaping a New Era of Small Business Opportunity"
2019 | English | ISBN: 3030036197 | 202 pages | EPUB | 7 MB
Small businesses are the backbone of the U.S. economy. They are the biggest job creators and offer a path to the American Dream. But for many, it is difficult to get the capital they need to operate and succeed. In the Great Recession, access to capital for small businesses froze, and in the aftermath, many community banks shuttered their doors and other lenders that had weathered the storm turned to more profitable avenues. For years after the financial crisis, the outlook for many small businesses was bleak. But then a new dawn of financial technology, or “fintech,” emerged.