Small businesses need access to credit in order to grow. Traditional sources of credit (say, banks) make small loans difficult to obtain. Without access to affordable credit, small businesses often have to choose between postponing plans for growth or resorting to high-interest sources of credit like business credit cards. We founded LendSquare to solve this problem.
We want small businesses to grow and thrive, but especially those small businesses that are most valuable to their communities. Community lending is the first step in that direction.