A majority of business decision-makers of U.S. small to midsize companies expect their sales to stay the same or grow in the fourth quarter of this year, according to a Morning Consult survey sponsored by Balboa Capital, a division of Ameris...
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October 04, 2022, 07:10 AM
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The Bank of America Institute released a new publication which finds continued resilience in small businesses. New Bank of America small business data shows that, despite economic headwinds, small businesses continue to strengthen in a variety of...
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September 19, 2022, 07:10 AM
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The NFIB Small Business Optimism Index rose 1.9 points in August to 91.8, marking the eighth consecutive month below the 48-year average of 98 but reversing some of the declines in the first half of the year. Twenty-nine percent of owners reported...
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September 14, 2022, 07:00 AM
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First National Bank announced it has hired Brian P. Wozniakas Executive Vice President and Executive Director of Small Business Banking.Wozniak is responsible for developing and executing strategies for FNB's Small Business Banking function. In...
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August 25, 2022, 08:00 AM
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Small businesses across the country continue to raise wages to keep employees and fill a historically high level of open positions, according to NFIB’s monthly jobs report. Seasonally adjusted, 49 percent of all owners reported job openings they...
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August 08, 2022, 06:00 AM
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The NFIB Small Business Optimism Index dropped 3.6 points in June to 89.5, marking the sixth consecutive month below the 48-year average of 98. Small business owners expecting better business conditions over the next six months decreased seven points...
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July 15, 2022, 07:00 AM
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The NFIB Optimism Index fell 0.1 points in May to 93.1, marking the fifth consecutive month below the 48-year average of 98. Owners expecting better business conditions over the next six months decreased four points to a net negative 54 percent, the...
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June 20, 2022, 09:00 AM
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The NFIB Small Business Optimism Index was unchanged in April, remaining at 93.2 and the fourth consecutive month below the 48-year average of 98. Small business owners expecting better business conditions over the next six months decreased one point...
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May 12, 2022, 07:00 AM
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Small business loan approval percentages at big banks ($10MM + in assets) rose from 14.9% in March to 15.1% in April, and small banks’ approvals also increased from 20.6% in March to 20.8% this past month, according to the Biz2Credit Small Business...
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May 11, 2022, 07:06 AM
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The National Bank of Coxsackie launched its new Small Business lending platform, NBC Express. Now, small businesses can apply for installment loans via this platform and the entire process, from application to funding, is completed in a digital...
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May 09, 2022, 07:00 AM
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A majority of small business owners report that inflation and supply chain disruptions are impacting their businesses, according to the Bank of America 2022 Small Business Owner Report. The survey of more than 1,000 business owners across the...
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May 04, 2022, 07:17 AM
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The NFIB Research Center released a new survey assessing the impact inflation is having on small businesses. Small business owners first signaled inflation issues in the summer of 2021 when NFIB’s Small Business Economic Trends survey found...
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April 28, 2022, 07:00 AM
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The labor shortage continues to be a major challenge for small businesses as owners compete for workers, according to NFIB’s monthly jobs report. Twenty-two percent of owners reported that labor quality was their top business problem, in second place...
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April 11, 2022, 07:20 AM
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Small businesses continued to struggle to increase their workforce in February, with 22 percent of owners reporting that labor quality was their top business problem, according to NFIB’s monthly jobs report. Eleven percent of owners cited labor costs...
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March 07, 2022, 06:00 AM
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The CBIZ Small Business Employment Index (“SBEI”) reported a seasonally adjusted decrease of 0.95% in January, a reversal of the hiring gains seen in December. The CBIZ SBEI tracks payroll and hiring trends for over 3,500 companies that have 300 or...
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February 07, 2022, 08:00 AM
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The NFIB Small Business Optimism Index increased slightly in December to 98.9, up 0.5 points from November. Twenty-two percent of small business owners reported that inflation was their single most important problem encountered in operating their...
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January 31, 2022, 08:00 AM
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Regions Bank launched a Commercial Business Development team focused specifically on helping small businesses build customized plans for financial success.The new team complements Regions’ extensive Commercial Banking Solutions group and is led by...
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January 26, 2022, 08:00 AM
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The NFIB Small Business Optimism Index increased slightly in November by 0.2 points to 98.4. Four of the 10 Index components improved, four declined, and two were unchanged. The NFIB Uncertainty Index decreased four points to 63.“As the end of the...
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December 29, 2021, 08:00 AM
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The NFIB Small Business Optimism Index decreased slightly in October by 0.9 points to 98.2. One of the 10 Index components improved, seven declined and two were unchanged.“Small business owners are attempting to take advantage of current economic...
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November 11, 2021, 07:30 AM
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Balboa Capital, a business lender that specializes in small business loans and equipment financing, announced the results of its Q3 2021 Small Business Owner Survey, which was sent to a sample of small business owners (SBOs) nationwide during the...
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October 06, 2021, 05:00 AM
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Business owners are feeling optimistic about the near-term future of their businesses amid increasing vaccination rates, and those who report that more than three-quarters of their workforce has been vaccinated are the most positive about their...
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September 29, 2021, 06:00 AM
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The NFIB Research Center released a quarterly Small Business Economic Trends industry report highlighting the construction, manufacturing, retail and services industries. NFIB’s July Small Business Economic Trends report showed the overall Optimism...
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September 07, 2021, 07:10 AM
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Idea Financial, a leading provider of small business lending solutions, proomoted Sean Hritz to Vice President of Credit and Risk. In addition, Idea Financial will now offer lines of credit and term loans up to 36 months. Hritz joined the company in...
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August 16, 2021, 06:00 AM
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The NFIB Small Business Optimism Index decreased in July to 99.7, a decrease of 2.8 points, reversing June’s 2.9-point gain. Six of the 10 components declined, three improved and one was unchanged. The NFIB Uncertainty Index decreased seven points to...
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August 13, 2021, 08:00 AM
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The NFIB Small Business Optimism Index fell 0.2 points in May to 99.6. May saw a slight pause in the recovery of small business optimism after steadily increasing each month in 2021. As reported in NFIB’s monthly jobs report, a record-high 48 percent...
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June 14, 2021, 08:00 AM
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TD Bank announced the establishment of a $100 million equity fund in support of minority-owned small businesses, demonstrating its continued commitment to combat racial inequities and provide opportunity in underserved communities. TD Bank’s equity...
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June 03, 2021, 08:00 AM
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Small business owners (SBOs) report they are doing better than expected as the economy continues to gain steam amid the waning pandemic, according to the results of the 2021 Small Business Survey, released by TD Bank. The survey polled more than 750...
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May 04, 2021, 08:10 AM
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Comerica Bank will commit $5 billion to small business lending over the next three years (2021-2023). Additionally, Comerica will expand RISE!, a program designed to support small businesses with a multitude of resources, as well as financial...
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May 04, 2021, 07:00 AM
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The NFIB Small Business Optimism Index rose 2.4 points in March to 98.2. March’s reading is the first return to the average historical reading since last November. The NFIB Uncertainty Index increased six points to 81, which was primarily driven by...
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April 19, 2021, 06:00 AM
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The NFIB Research Center released its latest COVID-19 survey on the impact the pandemic has had on small businesses. This survey marks NFIB’s 16th survey in the series, which started in early March 2020. Thirteen percent of small business owners...
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April 05, 2021, 08:10 AM
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C2FO released a new worldwide survey, which examines the working capital health of more than 6,700 leaders of small and mid-sized businesses ("SMBs"). The survey found alignment across the world when looking at SMBs in terms of access to liquidity...
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March 22, 2021, 08:00 AM
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Small business loan approval percentages at big banks ($10 billion+ in assets) rose slightly to 13.3% in February from 13.2% in January 2021, according to the latest Biz2Credit Small Business Lending Index™ released today. In comparison, one year ago...
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March 10, 2021, 06:00 AM
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Small and mid-sized business owners strongly support vaccinations for COVID-19 and plan to encourage their employees to get the shots, which are central to a return to normalcy, according to the latest PNC semi-annual national small business survey...
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March 02, 2021, 08:00 AM
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Small business loan approval percentages at big banks ($10 billion+ in assets) dropped slightly from 13.5% in September to 13.3% in October, demonstrating the challenges of small business owners searching for capital, according to the latest...
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November 12, 2020, 08:00 AM
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A new survey by Chase Bank finds that 35% of small business owners stated that the coronavirus pandemic would have forced their business to close without e-commerce; 44% of small business owners who sell products/services online have seen a boost in...
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October 13, 2020, 07:00 AM
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NFIB’s Research Center released the latest survey relating to COVID-19 and its impact on the small business economy. The majority of Paycheck Protection Program (PPP) borrowers have used all of their loans and are preparing to apply for...
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October 12, 2020, 09:05 AM
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NFIB’s Small Business Optimism Index fell 1.8 points to 98.8 in July, near the survey’s historical average. Overall, 4 of the 10 Index components improved, 5 declined, and 1 was unchanged. The NFIB Uncertainty Index increased 7 points to 88. Reports...
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August 11, 2020, 08:00 AM
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Tight cash flow is the greatest challenge facing small businesses in the U.S., according to the latest Global Business Monitor study from global SMB partner, Bibby Financial Services (BFS) and global leader in trade credit insurance Euler...
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October 23, 2019, 09:00 AM
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The NFIB Small Business Optimism Index improved modestly in February, increasing 0.5 points to 101.7. Views about future business conditions and the current period as a good time to expand improved as did plans to make capital outlays.Earnings trends...
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March 18, 2019, 09:00 AM
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As trade continues to be a focus in the current policy debate, 37 percent of small business owners are reporting negative impacts of recent trade policy changes with Mexico, Canada, or China. The newly released data comes from the NFIB Research...
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March 04, 2019, 09:00 AM
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Alterna Capital Solutions, a specialty and alternative financing lender for small businesses experiencing growth, announced the deployment of more than $20 million during its first six months of operation beginning July 2018. The same time period saw...
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January 31, 2019, 07:00 AM
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Small business optimism posted a modest decline in November with a reading of 104.8, while continuing its exceptionally strong two-year trend, according to the NFIB Small Business Optimism Index. Slightly more than half of the decline was...
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December 14, 2018, 07:00 AM
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While the country enjoys unprecedented levels of small business optimism, access to credit will either boost or curtail economic growth within this high-impact sector, according to a new study. Gimme Credit: Faster, Simpler, Safer Credit for Main...
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November 29, 2018, 08:00 AM
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Small business loan approval rates for big banks reached another record high in October 2018, according to the Biz2Credit Small Business Lending Index.
The October approval percentage for big banks (assets of $10 billion+) rose two-tenths of a...
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November 12, 2018, 08:00 AM
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Balboa Capital, a leading independent financing company that specializes in small business loans, equipment leasing, and franchise financing, announced the results of its Q4 survey that was conducted to gauge the investment plans of small business...
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October 24, 2018, 08:00 AM
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Credit reporting agency eCredable announced a partnership with Urjanet, a provider of utility data, to expand credit access to millions of underbanked consumers and small businesses. With automated access to mobile phone, internet, and utility bill...
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October 23, 2018, 08:00 AM
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The Small Business Optimism Index marked its second-highest level in the survey’s 45-year history at 107.9, rising to within 0.1 point of the July 1983 record-high of 108. The July 2018 report also set new records in terms of owners reporting job...
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August 27, 2018, 09:00 AM
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PayNet reports that the PayNet Canadian Small Business Lending Index (CSBLI) increased 3% from 126.5 in May 2018 to 130.5 in June, marking the sixth consecutive month of growth. Compared to the same month one year ago, the index is up 8%. “In a...
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August 16, 2018, 08:00 AM
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In 2007, the first online loans from OnDeck to small businesses in the United States created a new type of commercial lender, one that believed the Internet could revolutionize how small business owners access capital. Today, OnDeck celebrates a...
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September 01, 2017, 08:01 AM
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Results of the inaugural Global Business Monitor by Bibby Financial Services (BFS) found that U.S. business decision makers (BDMs) are markedly more optimistic about the current state of the domestic economy than that of the global economy. 49...
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November 30, 2016, 07:20 AM
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Bizfi , a premier fintech company with a platform that combines aggregation, funding and a marketplace for small businesses, announced they have originated more than $127 million in financing in the third quarter of 2016. The top sectors seeking...
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November 16, 2016, 07:34 AM
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Balboa Capital, a technology-driven financing company that offers equipment financing and alternative business loan products, announced today that it has completed a $251 million securitization of equipment lease and loan backed notes, its fourth and...
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September 28, 2016, 07:19 AM
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The Capital Garden has recently established an invoice factoring relationship with a 25 year old, San Francisco Bay Area based energy solutions company. The business offers a widespread line of energy products that cater to commercial, industrial and...
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September 27, 2016, 07:11 AM
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Lendified Holdings Inc., a Canadian-based lending technology company offering working capital and related financial services products to the small business community, announced that it has entered into an agreement with Liquid Capital Corporation , a...
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August 17, 2016, 07:43 AM
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Bizfi, the premier fintech company with a platform that combines aggregation, funding and a marketplace for small businesses, announced an increase of 25 percent in year-over-year small business lending originations in the second quarter of 2016....
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August 17, 2016, 07:24 AM
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Townsquare Media, Inc., a leading media, entertainment and digital marketing solutions company focused on small and mid-sized markets and Lendio Inc., a leading marketplace for small business loans, announced an exclusive partnership designed to fuel...
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July 22, 2016, 07:46 AM
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The National Directory of Registered Tax Return Preparers & Professionals (PTIN) has selected fintech company Bizfi to provide its tax professionals, accountants, CPAs and their small business clients with access to funding through its aggregation...
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July 22, 2016, 07:17 AM
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Fora Financial, a provider of flexible working capital solutions to small businesses, announced that it has reached the milestone of providing over $500 million of working capital to over 10,000 customers across the country. This landmark achievement...
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July 05, 2016, 07:38 AM
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Small business owners feeling the pressure of commercial mortgage debt and facing the specter of rising interest rates can get relief starting June 24 when a new refinance program is launched by the Small Business Administration (SBA) and provided by...
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May 27, 2016, 07:56 AM
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Lendio, a leading marketplace for small business loans, announced it has joined website domain registration site GoDaddy marketplace to support the funding needs of more than 14 million small business owners and entrepreneurs. This will not only...
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May 25, 2016, 07:43 AM
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Wells Fargo announced the launch of FastFlex Small Business Loan, an online, fast-decision loan that is funded as soon as the next business day and offers a competitive interest rate to small businesses with short-term credit needs. An innovation...
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May 11, 2016, 07:56 AM
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BlueVine, a leading online provider of working capital financing to small businesses, announced the general availability of Flex Credit to offer small businesses a revolving business line of credit. Launched from beta, Flex Credit marks the expansion...
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April 08, 2016, 07:39 AM
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TAB Bank announced it has provided working capital funding to two companies located in Florida. Each funding represents TAB Bank’s belief that small businesses are the heartbeat of the American economy. TAB is committed to providing ongoing...
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March 15, 2016, 07:44 AM
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Lendio, the nation’s leading marketplace for small business loans, and the Small Business & Entrepreneurship Council (SBE Council), a leading advocacy and education organization dedicated to promoting entrepreneurship and strong small business growth...
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March 14, 2016, 08:00 AM
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Small business owners expressed a level of optimism not seen in a year in the latest Wells Fargo/Gallup Small Business Index, conducted January 11-15, as the Index’s overall score rose to 67, a 13-point gain from November’s survey.The quarterly...
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February 16, 2016, 08:01 AM
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Bizfi, a Fintech company with a platform that combines aggregation, funding and a participation marketplace for small businesses, announced it originated over $142 million in business financing in the fourth quarter of 2015 -- a record for any one...
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February 10, 2016, 08:07 AM
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Credibly, a tech and data-inspired lending platform that makes access to capital for small businesses simple and intuitive, announces the closing of a $70 million credit facility with SunTrust Bank and AloStar Bank of Commerce, a specialty provider...
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February 03, 2016, 08:01 AM
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King Trade Capital announced it has expanded its small business supply chain financing program designed to support the inventory financing requirements of early stage growth companies involved in importing, exporting, wholesale distribution and light...
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January 27, 2016, 08:02 AM
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The Credit Junction, an online lending platform for small and mid-size businesses (SMBs), has pledged $100 million in loan availability to the small businesses belonging to the Houston Minority Supplier Development Council (HMSDC), a non-profit...
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January 15, 2016, 07:08 AM
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The country’s biggest banks have established themselves as the strongest brands among U.S. middle market companies—a segment that is growing in the form of increased demand for credit and other banking services. Meanwhile, the list of strongest...
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December 03, 2015, 07:56 AM
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Ironwood Capital is pleased to announce that Carolyn C. Galiette, president and chief investment officer of Ironwood Capital, has been elected vice chair of the Small Business Investor Alliance 2015-2016 executive committee and board of governors. ...
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October 27, 2015, 07:19 AM
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Blue Bridge Financial, LLC, a national provider of small business financing, topped the list of the fastest growing companies in Western New York at the Fast Track Awards presented by Buffalo’s Business First, an American City Business Journals...
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August 18, 2015, 07:16 AM
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A mid-year survey conducted by small business loan provider and equipment financing company Balboa Capital reveals that business owners believe the United States economy is on the right track and will perform well during the remaining months of 2015....
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July 27, 2015, 07:13 AM
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PayNet announces Risk Insight Suite, a new interactive platform, providing instant access to credit performance data and industry analysis on the small business sector of the economy at www.sbinsights.net.U.S. small businesses are an important, but...
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June 18, 2015, 07:13 AM
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From bolstering inventory levels to hiring more people, thousands more American small businesses will have better access to quality, affordable growth capital thanks to a new partnership between Funding Circle, the world’s leading marketplace for...
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May 08, 2015, 07:11 AM
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The Small Business Investor Alliance (SBIA), the leading association for lower middle-market private equity funds and investors, applauds the decision by the SEC to provide regulatory relief to Business Development Companies. The SEC guidance update...
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December 08, 2014, 07:08 AM
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Union Bank announced the results of its annual Small Business Economic Survey, showing that while more small business owners incurred layoffs in 2013, a growing number report increased sales and optimism about the overall economy, with slightly fewer...
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February 28, 2014, 07:37 AM
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US Capital Partners, LLC announced that it has provided over $250 million in new financings to small- and lower middle-market businesses in the United States in 2013. “Since 1998, US Capital Partners has been providing prompt, innovative, and...
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January 08, 2014, 07:09 AM
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Monroe Capital Corporation announced the receipt of a green light letter from the U.S. Small Business Administration ("SBA") inviting the company to continue its application process to obtain a license to form and operate a Small Business Investment...
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July 03, 2013, 07:54 AM
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The credit health of U.S. small businesses has improved thus far in 2013, according Direct Capital.Direct Capital’s internal data shows that the average credit score for small businesses rose over 2012 from January to May 2013. That matches a recent...
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June 17, 2013, 07:12 AM
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Small business loan approvals at big banks rose to a new high of 17.3%, according to the Biz2Credit Small Business Lending Index, a monthly analysis of 1,000 loan applications on Biz2Credit.com.Further, loan approvals at big banks experienced...
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June 13, 2013, 07:15 AM
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Business Financial Services, Inc., a specialty finance company since 2002, announced a new $82 million credit facility provided by Wells Fargo Capital Finance. The new credit line, which replaces a smaller facility with another lender, bolsters the...
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April 25, 2013, 07:44 AM
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Crowdfunder, Inc. and WestPark Capital, Inc. are announcing a strategic alliance to help mobilize capital for small and medium businesses. Crowdfunder is an online business social network with approximately 19,000 users and a crowdfunding platform...
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April 25, 2013, 07:11 AM
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Small business lending demand hit its highest level of 2013 in March, according to the Monthly Small Business Lending Index released by Direct Capital.
The index showed that small business lending demand across the United States in March was up 4.5%...
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April 15, 2013, 07:25 AM
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