From the LendIt Fintech Vault: Karen Mills on Fintech, Small Business and the American Dream

Several online small business lenders that we have spoken with this week are seeing record requests for credit as small businesses struggle to stay afloat; so we thought it would be interesting to revisit the LendIt keynote session with Karen Mills, the former head of the U.S. Small Business Administration (SBA), from last year; she talked about the innovations over the last several years in small business lending and how fintech has been showing traditional banks the way; she was head of the SBA during the financial crisis and she talked about the changes the government made back then to help small business whether the storm; she shared some of the learnings from her recent book and how small business owners have more financial information available to them today than ever before. Lendit

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