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February 5, 2014 11:00 pm GMT

GroupMe Founder Gets $3.4M to Make Small Business Loans More Accessible With Fundera

funderaIn the past five years, the number of bank loans under $1 million has dropped by more than 20 percent. This puts small business owners, arguably the driving force of our economy, at a severe disadvantage when it comes to starting a business. But Jared Hecht, co-founder of startup success story GroupMe, alongside cofounders Rohan Deshpande and Andres Moranis, is today launching a totally new service called Fundera, built specifically to facilitate small business funding through alternative lending.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/bwK3poSgFFQ/

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