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Small Business Trends

Globenewswire | June 02, 2023

Today, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice for America’s 33 million small businesses in President Biden’s Cabinet, opened a window for new applications for Small Business Lending Company (SBLC) licenses for the first time in over 40 years. New applicants may apply between June 1, 2023, and July 31, 2023. SBA approves Small Business Lending Company Licenses for selected non-depository lenders to in...

FINANCE, BUSINESS STRATEGY

Pacific Western Bank | September 20, 2022

The Alliance for SoCal Innovation ("The Alliance") is proud to announce that they have formally entered into a multi-year agreement with Pacific Western Bank to be the new lead sponsor of the SoCal Venture Pipeline program (SVP) which connects promising early stage startups with venture capital in order to improve access to institutional capital across the SoCal region. Entering its second year, the SVP program is completely free for the startups and investors who participate. The Alli...

Management

Verizon | December 20, 2022

A family-owned coffee shop, a floral truck, and a bait and tackle business are among 25 small businesses across southwest Florida awarded grants today from Verizon Business, totaling $250,000, providing them with critical relief as recovery efforts in the wake of Hurricane Ian continue. “Long after the storm has passed, the devastation caused by Ian continues to unfold for small businesses, many of which lost everything and have had to start over,Our hope is th...

Seeking Alpha | March 02, 2020

American Express salespeople misrepresented card rewards and fees, checked credit reports without permission, and, in some cases, issued cards that weren't requested, the Wall Street Journal reports, citing current and former AXP employees. The current and former employees say the questionable sales tactics go back to at least 2015 when AmEx was struggling to keep Costco Wholesale small-business customers after the warehouse club ended their partnership. With the potentially huge loss of rev...