A Challenge to Fintechs to Further Help Save Our Small Businesses

Kevin Shane, EVP Capital Markets at Sharestates shares his ideas for what is needed to help support American small businesses right now; local businesses are struggling across the country and for some, takeouts and gift card purchases will only get them so far; there are no guarantees that small businesses will be able to bounce back and this could impact communities significantly; Shane believes that fintech platforms can make a bigger impact than helping with the government stimulus; he envisions a notional co-organized campaign for a community funded lending program; the idea is that customers can provide loans to their favorite small businesses at an extremely low interest rate. Lend Academy

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