As regulatory changes in Washington are being considered and the credit markets have yet to thaw, where do small businesses and consumers find credit? Local companies are working to create financing alternatives for small businesses that collateralize assets that were formally given little weight in the underwriting process. Credit Card lenders are being forced to develop creative programs to monetize accounts of high risk borrowers, restarting the credit extension product to a segment of consumers that will be impacted directly by regulatory restrictions.
Panelists
Dan Drechsel, CEO of FTRANS
Michael Schwartz, Director of Business Development CompuCredit
Walt Wojciechowski, CEO of MicroBilt;
With Sean Banks, Principal of Total Technology Ventures, as Moderator
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