How SBA, Silicon Valley and banks can help small business

11/21/2012 | New York Times (tiered subscription model), The

The Small Business Administration could learn from Silicon Valley, which has launched several alternative lending products and platforms for small businesses, writes Ami Kassar, founder of MultiFunding. The problem is many of these products come at high interest rates. "So here's my question: Is there a way for the S.B.A. and the banks to learn from the alternative lenders and use the same process -- preferably with a smaller margin?" Kassar writes.

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