CNNMoney – 5/28/14: Square got its start by helping small businesses process credit card payments. Now the mobile payments platform is aiming to help small businesses grow by giving them an alternative to traditional loans. On Wednesday, the company announced Square Capital. The new service will provide small businesses quick access to cash. Square, a brainchild of Twitter (TWTR) co-founder Jack Dorsey, is not calling the program a lending service. Dorsey told CNNMoney that he wants Square to make it easier for its core group of small business customers to expand without having to take out a loan. He said the current lending process is “too complicated.”
Click here to read more: http://money.cnn.com/2014/05/28/technology/mobile/jack-dorsey-square-capital

Subscribe to the comments for this post?

Share this on Facebook

Share this on LinkedIn

Email this to a friend?

Share this on del.icio.us

Add this to Google Reader

Share this on Technorati

Seed this on Newsvine

Share this on Blinklist

Share this on FriendFeed

Add this to Google Bookmarks

Post on Google Buzz

Post this to MySpace

Share this on Plaxo

Submit this story to Propeller

Add to a lense on Squidoo

Stumble upon something good? Share it on StumbleUpon

Share this on Tumblr

Buzz up!