Bourne Brooke & Associates

www.prnewswire.com | April 20, 2020

By the time the federal Paycheck Protection Program (PPP) ran out of money this week, Maryland-based Capital Bank, N.A., had been able to help 597 small-business PPP applicants get Small Business Administration (SBA) authorization for federal aid totaling over $173 million. All but a few of those small businesses are here in the DMV region. The Bank anticipates having the required loan closing and booking details to fund the loans wrapped up in about a week. "We of course hope Congress appr...

FINANCE, BUSINESS STRATEGY

M&T Bank | July 01, 2022

M&T today announced plans to open its Multicultural Small Business Innovation Lab in Bridgeport, Connecticut. This seven-week program is intended to assist local multicultural business owners in flourishing, growing, and pursuing new ideas by providing guidance and skills to expand and operate their businesses. Up to 50 entrepreneurs will be accepted into the program. M&T will collaborate with the Innovation Center at the University of Bridgeport. Classes will be held at t...

MANAGEMENT

TriNet Group | December 27, 2021

TriNet announced it has entered into a definitive agreement to acquire Zenefits from Francisco Partners. Trinet is a leading provider of human resources solutions for small and medium-sized businesses. Zenefits is a people operations platform purpose-built for SMBs, and Francisco Partners is a leading global investment firm that specializes in partnering with technology businesses. Zenefits is a market-leading cloud human capital management platform that offers innovative and intu...

Businesswire | August 06, 2020

As small and micro businesses (SMBs) worldwide continue to endure the financial impact of COVID-19, one thing is clear: rethinking the checkout or point-of-sale (POS) experience is essential for survival on Main Street. Visa (NYSE: V) today released the Visa Back to Business study assessing this dramatic shift to digital commerce in response to the pandemic, driven largely by changing consumer expectations for a safe and touchless payment moment. According to the eight market study of both consu...