How Technology Is Transforming Lending and Shaping a New Era of Small Business Opportunity
E-Book, Englisch, 202 Seiten, eBook
ISBN: 978-3-030-03620-1
Verlag: Springer International Publishing
Format: PDF
Kopierschutz: Wasserzeichen (»Systemvoraussetzungen)
In
Fintech, Small Business & the American Dream
, former U.S. Small Business Administrator and Senior Fellow at Harvard Business School, Karen G. Mills, focuses on the needs of small businesses for capital and how technology will transform the small business lending market. This is a market that has been plagued by frictions: it is hard for a lender to figure out which small businesses are creditworthy, and borrowers often don’t know how much money or what kind of loan they need. New streams of data have the power to illuminate the opaque nature of a small business’s finances, making it easier for them to weather bumpy cash flows and providing more transparency to potential lenders.
Mills charts how fintech has changed and will continue to change small business lending, and how financial innovation and wise regulation can restore apath to the American Dream. An ambitious book grappling with the broad significance of small business to the economy, the historical role of credit markets, the dynamics of innovation cycles, and the policy implications for regulation,
Fintech, Small Business & the American Dream
is relevant to bankers, fintech investors, and regulators; in fact, to anyone who is interested in the future of small business in America.
Zielgruppe
Popular/general
Autoren/Hrsg.
Weitere Infos & Material
1. The Story of Small Business Lending.- Part I The Problem.- 2. Small Businesses Are Important to the Economy.- 3. Small Businesses and Their Banks: The Impact of the Great Recession.- 4. Structural Obstacles Slow Small Business Lending.- 5. What Small Businesses Want.- Part II The New World of Fintech Innovation.- 6. The Fintech Innovation Cycle.- 7. The Early Days of Fintech Lending.- 8. Technology Changes the Game: Small Business Utopia.- 9. A Playbook for Banks.- Part III The Role of Regulation.- 10. Regulatory Obstacles: Confusion, Omission, and Overlap.- 11. The Regulatory System of the Future.- Conclusion.- 12. The Future of Fintech and the American Dream.