Google and Amazon are ready to shake up the small business lending world and place competitive pressure on traditional banks, according to Karen Mills, advisor for small businesses to former President Barack Obama. Reports in CNBC said Mills, speaking at London’s LendIt Europe conference, predicted these...
February 15, 2018
Amazon is partnering with Bank of America Merrill Lynch to expand its lending program for small businesses. CNBC reported that the partnership – revealed by sources who did not want to be named – will allow the eCommerce giant to reduce its risk and provide credit to more merchants. Amazon Lending is an invitation-only program […]
