OUR COALITION
Learn more about our coalition supporting Online Lending for
New York Small Businesses
ILPA
"Online lending provides small businesses across New York with access to timely and affordable credit options they need to survive and thrive."
ETA
"Many small businesses simply cannot succeed without the fast and flexible credit options provided by online small business lending. The truth is, New York's economy has benefited greatly from online small business lenders."
SBFA
"The SBFA knows that small businesses are the backbone of local economies across New York. Online lenders provide flexible and time-sensitive access to credit that has helped thousand of small businesses succeed."
INTERNET ASSOCIATION
“Online lending to small businesses provides owners with speedy access to capital and a much-needed choice in their financing.”
—John Olsen, Northeast Director of the Internet Association
FCBA
“Building a successful small business is difficult and there are a limited number of financing options for businesses in Queens. Online lenders allow borrowers to often pay back no more than they would with a traditional bank loan, and they can access the capital much more quickly.”
—Peter Tu, Executive Director of Flushing Chinese Business Association
BHCC
“Online lenders provide essential flexibility to business owners, and even small changes to the small business lending market can have real and immediate impacts on credit access.”
—Rick Miranda, President & CEO of the Brooklyn Hispanic Chamber of Commerce, Inc.
Hour Children
“Building a successful small business is a difficult and costly process. The access to capital and flexibility that online lending offers is invaluable to many New York small businesses.”
—Johanna Flores, Hour Working Women Reentry Program Coordinator
Glory Tabernacle Inc.
“Online lenders use innovative technology and data analysis to provide critically needed capital to New York’s small businesses quickly, enabling them to grow, innovate, and create more jobs.”
—Elder R. Vincent Butler, Jr. Pastor
Calvary Baptist Church of Red Hook
“As you consider any possible regulations on online lending in New York, we encourage you to be mindful of how online lenders serving small business have demonstrated their commitment to transparency and the significant economic benefits of their lending model.”
—Rev. Dr. John A. Credle, Jr. Senior Pastor
House Of Prayer Deliverance Ministries
It's important to understand the challenges of the small business lending industry in order to properly evaluate online lending' s immense value.
—Evangelist D. Jordan, Pastor Stacy Jordan, Associate Pastor