Faculty News | Entrepreneur | 15 Apr 2015
Why Small Businesses Are Turning to Online Lenders
Re: Karen Mills
Small business owners are increasingly turning to online lenders to fill their credit needs. One in five credit-seeking small businesses surveyed in 2013 applied to an online lender, a Federal Reserve Bank of New York survey reveals. And former Small Business Administration head Karen Mills (now a senior fellow at Harvard Business School) reports that online lending is the fastest-growing segment of the small-business-lending market.

Read Now