Creativity, Alternative Lenders, And Small Business Financing

“The small-business community employs half of the private workforce and creates two out of every three net new jobs,” said SBA administrator Maria Contreras-Sweet at a packed luncheon crowd at City Club Los Angeles, part of the Town Hall Los Angeles speaker series. When talking about alternative lending channels and their place in the market she included, “I marvel at those companies, Kiva Zip, PayPal, Square, Lendio, Kabbage. They’re all important alternative financing channels.”