FAVO Capital Inc. (FAVO): Filling the Financing Gap for Underserved SMBs
FAVO Capital is developing a digital lending platform tailored to small and medium-sized businesses, targeting gaps left by traditional banks Proprietary fintech tools and flexible financing solutions aim to provide capital access for businesses that are often denied by legacy lenders Rising demand for alternative credit sources presents a major opportunity for agile, tech-driven lenders like FAVO With over 5.5 million new business applications filed in the U.S. last year alone, small- to medium-sized businesses (“SMBs”) are thriving, but many are finding themselves underserved by traditional financial institutions. According to recent industry insights, 6 in 10 SMBs are denied access…