Associated tags: Small business, Biz2credit, Bank, Bureau of Labor Statistics, Credit, Jobs, Transport, Unemployment, SBA
Locations: CALIFORNIA, TEXAS, GEORGIA, SOUTH AMERICA, AMERICAS, SAN FRANCISCO, WASHINGTON, FLORIDA, COLORADO, NEW JERSEY, NY, US, SOUTH CAROLINA, JOBS, NEW YORK, UNITED STATES, NORTH AMERICA
Retrieved on:
Tuesday, December 1, 2020
The Davey Awards honor the finest creative work from the best small shops, firms, and companies worldwide.
Key Points:
- The Davey Awards honor the finest creative work from the best small shops, firms, and companies worldwide.
- Entries are judged on their creative merits based on a standard of excellence as determined by the AIVA, considering the category entered.
- The MarCom Awards, announced on Nov. 1st, honor excellence in marketing and communication while recognizing the creativity, hard work, and generosity of industry professionals.
- Since its inception in 2004, MarCom has evolved into one of the largest, most-respected creative competitions in the world.
Retrieved on:
Tuesday, November 10, 2020
NEW YORK, Nov. 10, 2020 (GLOBE NEWSWIRE) -- 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 Biz2Credit Small Business Lending Index released today.
Key Points:
- NEW YORK, Nov. 10, 2020 (GLOBE NEWSWIRE) -- 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 Biz2Credit Small Business Lending Index released today.
- Securing small business funding remains challenging at the moment, said Biz2Credit CEO Rohit Arora, who oversees the monthly research.
- Meanwhile, loan approval rates among alternative lenders, also improved from 23.1% in September to 23.3% last month.
- The results are based on primary data submitted by more than 1,000 small business owners who applied for funding on Biz2Credit's platform.
Retrieved on:
Thursday, November 5, 2020
Before the coronavirus pandemic hit in late February, small businesses in America were thriving under the robust economy.
Key Points:
- Before the coronavirus pandemic hit in late February, small businesses in America were thriving under the robust economy.
- But their fortunes have declined dramatically ever since, said Biz2Credit CEO Rohit Arora, one of the nations leading experts in small business finance.
- A leading online business funding source founded in 2007, Biz2Credit has arranged more than $3 billion in small business financing since its inception.
- The company leverages data, cash flow insights, and the latest technology to give business owners an automated small business funding platform to fit their financial needs.
Retrieved on:
Thursday, October 22, 2020
Biz2X has been adopted by partners including HSBC , Popular Bank , ACAP and AICPAs CPA.com , which all have chosen Biz2X to launch new online lending initiatives.
Key Points:
- Biz2X has been adopted by partners including HSBC , Popular Bank , ACAP and AICPAs CPA.com , which all have chosen Biz2X to launch new online lending initiatives.
- No one is integrating banks and digital platforms as effectively as Biz2Credits Biz2X Platform has done, Arora added.
- "Biz2X is built on the same technology that has helped Biz2Credit become the premier digital lending platform for small businesses.
- The company offers the Biz2X Platform to banks and other financial institutions to allow them to better manage loan processes and related risks.
I want to thank Rohit Arora and Biz2Credit for bringing to the fore these very pressing issues that small businesses are and have been dealing with and trying to work through, Espaillat said.
Key Points:
- I want to thank Rohit Arora and Biz2Credit for bringing to the fore these very pressing issues that small businesses are and have been dealing with and trying to work through, Espaillat said.
- As our discussion elicited and my thoughtful colleague Congressman Hern highlighted, uncertainty is a very real and pressing concern, Espaillat added.
- Im glad my colleague Rep. Espaillat was able to join in the conversations, we found common ground in support of American small businesses.
- Small business owners need clarity on PPP forgiveness, along with resumption of the government lending program.
Retrieved on:
Tuesday, October 13, 2020
More than $525 billion has been distributed to more than 5.1 million small and mid-sized businesses from Alaska to Maine.
Key Points:
- More than $525 billion has been distributed to more than 5.1 million small and mid-sized businesses from Alaska to Maine.
- With that in mind, FinTech leader Biz2Credit, an SBA-approved PPP lending partner will host an online forum: Small Business and the COVID-19 Pandemic A Discussion with Rep. Espaillat (D-NY) and Rep. Hern (R-OK) on Thursday, Oct. 15, 2020, from 2:00 to 3:00 p.m. (EDT).
- Both Congressmen are members of the House Small Business Committee.
- The company leverages data, cash flow insights, and the latest technology to give business owners an automated small business funding platform to fit their financial needs.
Latino businesses currently are spending more than they are bringing in, and their costs are higher than during the pre-COVID period.
Key Points:
- Latino businesses currently are spending more than they are bringing in, and their costs are higher than during the pre-COVID period.
- There is no doubt that the pandemic has hit Latino businesses particularly hard, said Arora, who oversaw the study.
- The Biz2Credit study found that non-Latino businesses also have struggled, although their revenues remain slightly above break even.
- However, the study found that the average annual revenue for Hispanic-owned businesses was $96,106 lower than the average revenue of non-Latino-owned companies ($621,521) in 2019-20.
NEW YORK, Oct. 06, 2020 (GLOBE NEWSWIRE) -- Small business loan approval percentage s at big banks ($10 billion+ in assets) dropped slightly from 13.6% in August to 13.5% in September, indicative of the struggles that small businesses are facing, according to the latest Biz2Credit Small Business Lending Index released today.
Key Points:
- NEW YORK, Oct. 06, 2020 (GLOBE NEWSWIRE) -- Small business loan approval percentage s at big banks ($10 billion+ in assets) dropped slightly from 13.6% in August to 13.5% in September, indicative of the struggles that small businesses are facing, according to the latest Biz2Credit Small Business Lending Index released today.
- The Biz2Credit Small Business Lending Index figures do not reflect approval of Paycheck Protection Program (PPP) loans approved by the SBA and the Treasury.
- Theres no doubt that it has become a challenge to secure traditional small business funding in the coronavirus era, said Biz2Credit CEO Rohit Arora, who oversees the monthly research.
- Meanwhile, loan approval rates among alternative lenders increased one-tenth of a percent from 23.0% in August to 23.1% in September.
Retrieved on:
Tuesday, September 22, 2020
Consulting,
Banking,
Accounting,
Technology,
Professional services,
Small business,
Other Technology,
Software,
Other Professional Services,
Internet,
Finance,
Business,
Articles,
Economy,
Business models,
Entrepreneurship,
Small business,
Funding,
Kabbage,
CPA.com,
the American Institute of CPAs,
Biz2Credit Were now taking the next step in launching a cloud-based business relief platform for firms to use in providing these services.
Key Points:
- Were now taking the next step in launching a cloud-based business relief platform for firms to use in providing these services.
- Founded in 2007, Biz2Credit has arranged more than $3 billion in small business financing.
- Biz2Credit is focused on funding whats next for small business.
- The company leverages data, cash flow insights, and the latest technology to give business owners an automated small business funding platform to fit their financial needs.
Retrieved on:
Tuesday, September 22, 2020
Were now taking the next step in launching a cloud-based business relief platform for firms to use in providing these services.
Key Points:
- Were now taking the next step in launching a cloud-based business relief platform for firms to use in providing these services.
- Founded in 2007, Biz2Credit has arranged more than $3 billion in small business financing.
- Biz2Credit is focused on funding whats next for small business.
- The company leverages data, cash flow insights, and the latest technology to give business owners an automated small business funding platform to fit their financial needs.
