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Co-Founder & CEO at Vaya | Empowering vSaaS companies to win their category and serve their SMB customers with Embedded Vertical Credit
Last month, the Small Business Administration (SBA) sought congressional authorization for direct lending, aiming to improve access to credit for small businesses. They were rebuffed by congress in the face of strong industry opposition. This development underscores a critical point I explore in my latest blog: the challenges and limitations of relying on public policy to solve financial inclusion. In “The Pitfalls of Relying on Public Policy to Drive Financial Inclusion”, I explore: 🔍 Ways that governments can and do intervene in providing access to credit. I'll look at some examples globally as well as in the US. ⚖️ The historical and political reasons -- foreshadowed by the debates between Jefferson and Hamilton -- why the government interventions have been constrained or difficult to sustain in America. Plus, discover how a potential “no” from banks could have turned Steve Jobs into an obscure painter instead of the founder of Apple. 🍏 📖 Read the full blog here: https://lnkd.in/gV6ksKNj (This is part of a series of posts about our mission to support financial inclusion for small businesses at Vaya Technologies in partnership with our vSaaS customers. You can find the series along with our other thoughts on #embeddedfintech and #verticalcredit at embedvaya.com. If our work resonates with your or someone you know, please check out open roles at embedvaya.com/joinus.) #fintech #startups #vsaas #verticalcredit #smallbusiness #embeddedfintech
