Small business banking, particularly credit access, is ripe for innovation. The COVID-19 crisis highlights the vital economic role of small business. While small & medium businesses provide paychecks for 50% of the US workforce, only 28% get approved for bank loans. But new technologies and alternative data sources are helping will this market gap. On today's show, we talk to Adam Stettner, CEO and Founder of Reliant Funding, about a new model that could help small businesses weather economic storms.
Guest: Adam Stettner, CEO and Founder, Reliant Funding
Hosts: Sanjib Kalita, Editor-in-Chief, Money 20/20
Rachel Morrissey, Content Producer, Money 20/20 USA
Producers: Roland Bodenham, Senior Video Editor, Ascential Media
Rachel Morrissey, Content Producer, Money 20/20