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Follow on Google News | Lendio CEO Brock Blake Part of Keynote Panel at AltLend In Las Vegas September 23Blake, Traci Mach of the Federal Reserve Board of Governors, and Charles Green of the Small Business Finance Institute to discuss the new world of small business lending
By: Lendio Putting the Small Business Loan Marketplace Under a Microscope The panel will discuss the fallout of commercial banks deemphasizing small business lending and the impact of new federal initiatives on the market. “Small business still has a lot of pent up demand for capital,” said Blake. “Unfortunately the traditional approach to small business financing just isn’t meeting all that demand and small business growth is suffering. The bank isn’t the only source of small business financing. We should take a more holistic approach to the products we offer small business to meet the need—alternative loan products have a big part to play in that approach.” Focusing a microscope on the market, the panel will identify the real demand for small business loans, what new products and business models are having real impact, and how greater access to capital by small business will strengthen local economies and create new jobs. Lendio (http://go.lendio.com/ For more information on the company visitwww.lendio.com. About Lendio: Lendio, the #1 small business lending platform*, provides an online services that help businesses and lenders work together. Lendio makes business loans simple by matching qualified small business owners with active banks, credit unions, and other lending sources. *Based on volume of monthly visitors reported by Compete.com. End
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