Small business financing

KBRA Assigns Preliminary Ratings to Harvest SBA Loan Trust 2023-1

Retrieved on: 
Wednesday, October 18, 2023
Professional Services, Small Business, Insurance, Commercial Building & Real Estate, Finance, Construction & Property, Banking, KBRA, FICO, Small business, Small business financing, SBA, Loan, LTV, Real estate, Telescopic sight

KBRA assigns preliminary ratings to three classes of notes issued by Harvest SBA Loan Trust 2023-1.

Key Points: 
  • KBRA assigns preliminary ratings to three classes of notes issued by Harvest SBA Loan Trust 2023-1.
  • Harvest Small Business Finance, LLC was formed as a California limited liability company in 2015 and originates, owns, sells, and services small business loans backed by owner-occupied, multi-purpose commercial real estate in accordance with the SBA 7(a) loan program.
  • As of August 31, 2023, the collateral consists of 529 Loans with an unguaranteed balance of $121.3 million, approximately 21% of the full outstanding current principal balance of the Loans.
  • The collateral has an average remaining loan balance (unguaranteed) of approximately $230,000 and a weighted average original and remaining term of approximately 296 and 283 months.

Brave New World Joins Forces with Washington State Reps and the Department of Commerce to Launch New Black Business Incubator

Retrieved on: 
Wednesday, September 14, 2022
Linda, Workforce, Department, Risk, Incubator, Growth, Idaho Department of Commerce, Norm (mathematics), United States Department of Commerce, The Revolution Will Not Be Televised (film), Industry, Partnership, Program, Entrepreneurship, Enterprise software, Economic development, Ownership, Brave New World, Goal, Solution, Community-supported fishery, Minority Business Development Agency, Founder, African Americans, Small business, Commerce, Black, Small business financing, Awareness, Marketing, Multimedia, Color, Failure, Management

"One of which is to foster and spearhead an entrepreneurial spirit to help cultivate ideas and support business.

Key Points: 
  • "One of which is to foster and spearhead an entrepreneurial spirit to help cultivate ideas and support business.
  • I am proud of what we can do with this program for our community and our State."
  • The Black Eco Chamber also directly serves as a supporting program to help the state's Department of Commerce reach its goals of expanding awareness and services to business owners of color.
  • Commerce is committed to working to close the racial wealth gap, in part by increasing business ownership of minority-owned firms.

Guidant Launches Payroll and Accounting & Tax Services Designed for America's Small Business Owners

Retrieved on: 
Thursday, July 7, 2022
Administrative services organization, Business, Accounting, Guidant Financial, Small business, Mark (given name), Payroll, Tax, Small business financing, Jumpstart Our Business Startups Act, HR, Entrepreneurship, Solution, Sex industry, Guidant

BOISE, Idaho, July 7, 2022 /PRNewswire-PRWeb/ -- For nearly 20 years, Guidant has supplied aspiring small business owners with innovative and customized small business financing solutions, specializing in Rollovers as Business Startups, also known as 401(k) Business Financing.

Key Points: 
  • BOISE, Idaho, July 7, 2022 /PRNewswire-PRWeb/ -- For nearly 20 years, Guidant has supplied aspiring small business owners with innovative and customized small business financing solutions, specializing in Rollovers as Business Startups, also known as 401(k) Business Financing.
  • With an emphasis on simplifying the payroll process and making annual compliance reviews easier, Guidant Payroll gives small business owners a straightforward platform to manage employee payroll and important HR documents.
  • "With Guidant Payroll and Accounting & Tax, small business owners pay for the services they're actually going to use day-to-day."
  • From financing to payroll to accounting and even business valuation, Guidant is here to increase the number of successful small business owners.

Dataminr Announces the Appointment of Cristina Bita to Board of Directors

Retrieved on: 
Monday, November 22, 2021
Cloud, Founder CEO, CEO, Corporate finance, Most, News, Service, Audit committee, First Nations in Ontario, Business development, Device, Director, Founder, Corporation, Non-governmental organization, Final good, Enterprise, Woman, Dataminr, Virginia Press Women Inc, Investment, PLD, Forbes, Board of directors, Board, Small business financing, United Nations, G&A, Salem State University, Growth, Multimedia, Business administration, Public sector, Celebrity board director, Chairperson, Management, Public relations

NEW YORK, Nov. 22, 2021 /PRNewswire/ -- Dataminr , the leading real-time information discovery platform, today announced the appointment of Cristina Bita to its Board of Directors and as Chairwoman of the Audit Committee.

Key Points: 
  • NEW YORK, Nov. 22, 2021 /PRNewswire/ -- Dataminr , the leading real-time information discovery platform, today announced the appointment of Cristina Bita to its Board of Directors and as Chairwoman of the Audit Committee.
  • "We are thrilled to welcome Cristina to Dataminr's board," said Ted Bailey, Dataminr's Founder & CEO.
  • At Google, Ms. Bita leads global finance activities for consumer hardware, consumer paid services as well as for the company's marketing investments globally.
  • Ms. Bita also serves on the Board of Directors and Audit Committee of Prologis (PLD).

Back to business #3: Looking for small business financing?

Retrieved on: 
Wednesday, June 16, 2021
Economy, Business, Articles, Loans, Corporate finance, Small business financing, Business loan, Small business

Even before the pandemic, the FTC raised concerns about deceptive practices related to small business financing.

Key Points: 
  • Even before the pandemic, the FTC raised concerns about deceptive practices related to small business financing.
  • Online lenders may broaden the market for small business financing, but they also require careful vetting on your part.
  • Dont just type in small business loan and assume that the search results and rankings can tell you anything about those companies.
  • When it comes to small business financing, many companies in the marketplace operate differently from what you may be used to.

White House Elevates Battery-Grade Nickel to ‘Critical’ Status in 100-day Supply Chain Review, Notes Huge Potential of Seafloor Resources

Retrieved on: 
Wednesday, June 16, 2021
Natural Resources, Other Natural Resources, Mining, Minerals, Public policy, Government, Other Policy Issues, Physical sciences, Chemistry, Natural sciences, Chemical elements, Dietary minerals, Native element minerals, Transition metals, Ferromagnetic materials, Manganese nodule, Polymetal, Manganese, Nickel, Natural Resources, Other Natural Resources, Mining, Minerals, Public policy, Government, Other Policy Issues, Physical sciences, Chemistry, Natural sciences, Chemical elements, Dietary minerals, Native element minerals, Transition metals, Ferromagnetic materials, Manganese nodule, Polymetal, Manganese, Nickel, Natural Resources, Other Natural Resources, Mining, Minerals, Public policy, Government, Other Policy Issues, Physical sciences, Chemistry, Natural sciences, Chemical elements, Dietary minerals, Native element minerals, Transition metals, Ferromagnetic materials, Manganese nodule, Polymetal, Manganese, Nickel, Natural Resources, Other Natural Resources, Mining, Minerals, Public policy, Government, Other Policy Issues, Loans, Corporate finance, Small business financing, Business loan

The Biden Administration has rightly recognized that a stable and secure battery supply chain is paramount to maintaining American economic prosperity and national security.

Key Points: 
  • The Biden Administration has rightly recognized that a stable and secure battery supply chain is paramount to maintaining American economic prosperity and national security.
  • We have an abundant, viable and low-cost solution which can fulfill U.S. needs for critical battery metals like nickel, without which true mineral independence cannot be achieved.
  • Polymetallic nodules contain rich concentrations of nickel and cobalt, as well as copper and manganese, and are effectively a battery in a rock.
  • However, China has yet to corner the market in seafloor resources like polymetallic nodules.

Forward Financing Announces $250 Million Credit Facility to Support Long-Term Growth

Retrieved on: 
Monday, June 7, 2021
Business, Financial capital, Economy, Articles, Loans, Revenue-based financing, Working capital, Small business, Corporate finance, Small business financing

BOSTON, June 7, 2021 /PRNewswire/ -- Forward Financing, a national provider of revenue-based financing to small businesses, announced that the company closed a $250 million credit facility led by one of the company's current capital providers.

Key Points: 
  • BOSTON, June 7, 2021 /PRNewswire/ -- Forward Financing, a national provider of revenue-based financing to small businesses, announced that the company closed a $250 million credit facility led by one of the company's current capital providers.
  • Forward Financing provides working capital to underserved small businesses nationwide, many of which do not have the ability to obtain traditional financing, such as a bank loan.
  • Dedicated to providing top-notch customer service, Forward Financing was recently recognized by the American Business Awards for Best Customer Service Department of the Year.
  • Forward Financing plans to use the latest funding to continue its strong growth trajectory.

Biz2Credit Small Business Lending Index™ Finds April 2021 Non-PPP Loan Approval Rates Remain Relatively Unchanged

Retrieved on: 
Tuesday, May 11, 2021
Business, Economy, Articles, Loans, Small business financing, Business loan, Small Business Lending Index, Small business

b"NEW YORK, May 11, 2021 (GLOBE NEWSWIRE) -- Small business loan approval percentages at big banks ($10 billion+ in assets) dipped slightly to 13.4% in April from 13.5% in March 2021, according to the latest Biz2Credit Small Business Lending Index\xe2\x84\xa2 released today.

Key Points: 
  • b"NEW YORK, May 11, 2021 (GLOBE NEWSWIRE) -- Small business loan approval percentages at big banks ($10 billion+ in assets) dipped slightly to 13.4% in April from 13.5% in March 2021, according to the latest Biz2Credit Small Business Lending Index\xe2\x84\xa2 released today.
  • Many of these jobs are created by small businesses.\nCredit unions dipped to a 20.3% approval rate in April, down a notch from 20.4% in March 2021.
  • \xe2\x80\x9cHopefully, as the infection rates decline and the economy shows signs of recovery, small business loan approvals should begin a steadier upward trend for all categories of lenders.\xe2\x80\x9d\nBiz2Credit analyzed loan requests from companies in business more than two years with credit scores above 680.
  • The results are based on primary data submitted by more than 1,000 small business owners who applied for funding on Biz2Credit's platform.\nFounded in 2007, Biz2Credit has arranged more than $3 billion in small business financing.

Alternative VC Firm Chisos Launches Public Reg CF Crowdfunding Campaign

Retrieved on: 
Tuesday, May 11, 2021
Articles, Business, Economy, Entrepreneurship, Startup company, Crowdfunding, Angel investor, Chisos Mountains, Small business financing

b'LOS ANGELES, May 11, 2021 /PRNewswire/ -- Chisos Capital , investing firm for early-stage entrepreneurs, today announced the launch of a public Reg.

Key Points: 
  • b'LOS ANGELES, May 11, 2021 /PRNewswire/ -- Chisos Capital , investing firm for early-stage entrepreneurs, today announced the launch of a public Reg.
  • "Chisos exists to get capital into the hands of great entrepreneurs that are otherwise ignored by VC and are too early for traditional bank financing.
  • "By raising capital with a crowdfunding campaign, we\'re encouraging entrepreneurs, angel investors, and business leaders to reimagine what early-stage startup financing can look like.
  • Inspired by the desert oasis of the Chisos mountains, Chisos Capital seeks to democratize opportunity.\n'

Balboa Capital Survey: Small Business Owner Optimism is Rebounding in 2021

Retrieved on: 
Thursday, April 29, 2021
Economy, Business, Articles, Corporate finance, Loans, Business models, Small business financing, Small business, Business loan

b'COSTA MESA, Calif., April 29, 2021 /PRNewswire-PRWeb/ --Balboa Capital, a leading direct lender that specializes in small business loans and equipment financing , today announced the results of its Q2 2021 Small Business Owner Survey, which was conducted to gauge small business owner confidence, measure the strength of the United States economy, and gain an understanding of recent small business performance.

Key Points: 
  • b'COSTA MESA, Calif., April 29, 2021 /PRNewswire-PRWeb/ --Balboa Capital, a leading direct lender that specializes in small business loans and equipment financing , today announced the results of its Q2 2021 Small Business Owner Survey, which was conducted to gauge small business owner confidence, measure the strength of the United States economy, and gain an understanding of recent small business performance.
  • The survey found that half of small businesses saw increased revenues in Q1 2021, and seven in 10 small business owners (SBOs) expect their companies to perform better in 2021.
  • "The results of our latest survey reveal that small business owners are seeing increased revenues in 2021, and they are feeling confident about the nation\'s economy.
  • The company specializes in small business loans , equipment financing, commercial financing, equipment vendor financing, and franchise financing.