The former CEO and Co-Founder of Dealstruck shares his entrepreneurial journey and reflects on the demise of his company. Source
DealStruck, an online lender for small and medium-sized businesses, has stopped originating loans; the industry environment and slowdown in investor capital has affected the company; the firm's CEO Ethan Senturia said, "Although we are not currently originating new loans, we are continuing to provide our clients with the high-level of service they have come to expect from us."; he also noted, "we’ll be looking for strategic options to allow us to continue delivering on our mission to provide unique, appropriate and affordable financing to small businesses nationwide." Source
Dealstruck started making loans to small businesses five months ago. This came after a successful seed round of financing where...