LendSquare: A community-focused platform enabling local investment in small businesses.
Location
Chicago, IL, US
Founded
2011
LendSquare is a community-focused investment platform that enables individuals to invest in small businesses within their local neighborhoods. The firm facilitates direct lending from community members to local enterprises, providing an alternative to traditional credit sources. LendSquare's approach aims to offer more affordable financing options for businesses while strengthening community bonds.
The platform allows investors to support and invest in businesses they understand and appreciate in their local area. By connecting local investors with small businesses, LendSquare creates a mutually beneficial ecosystem that fosters economic growth and community development. This innovative model provides individuals with opportunities to make meaningful investments in their immediate surroundings while offering businesses access to community-backed funding.
LendSquare - Classification
NAICS
520000Finance and Insurance
SIC
6000Depository Institutions
Show 3 more industry codes
SIC
6200Security And Commodity Brokers, Dealers, Exchanges, And Services
6280Services Allied With The Exchange Of Securities Or Commodities
