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MANAGEMENT

Novo | May 23, 2022

Novo, the powerfully simple financial platform for small businesses, announced that the company has brought on Kevin Phillips, former CFO at small business lending company Kabbage, to launch and scale Novo’s lending business. Today, Novo is also launching Boost, making it the only financial platform that gives small businesses and freelancers same day access to payments received through e-commerce platforms.Introducing Novo Boost “While some fintech compa...

AWeber | July 15, 2020

AWeber, the leading provider of powerfully-simple email marketing solutions for small businesses, today introduced AWeber Free — a new free plan designed to help small business owners connect with their audiences and grow their businesses without cost. The decision to add a free pricing option comes as small businesses continue to face challenges posed by COVID-19. According to the U.S. Chamber of Commerce’s Small Business Coronavirus Impact Poll, 71% of small business owners are con...

LendingTree | May 29, 2020

Even as states and cities slowly allow more businesses to reopen, many entrepreneurs are anxious about doing so. Nearly half of small business owners worry they cannot afford to resume normal operations following mandated closures to slow the spread of COVID-19, according to LendingTree's latest survey of small business owners. Approximately 46% of small business owners cite funding as the primary obstacle to reopening, and that once open, increased health and safety measures could further s...

FINANCE

Comerica Bank | September 05, 2022

Community Development Financial Institution (CDFI) BCL of Texas announced today that it will offer loans ranging from $10,000-$75,000 to traditionally underserved businesses. The Dallas Small Business Diversity Fund, a $1 million investment from Comerica Bank, will specifically target Dallas County women and minority-owned businesses with two or more years in operation."We know that many minority businesses are often self-funded due to lack of access to capital, and a key component of our m...