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Management
Globenewswire | April 17, 2023
Dora Financial, a marketing and innovation CUSO (Credit Union Service Organization) powered by the credit union movement, is proud to announce the launch of DoraPay, a new closed-loop payroll payment system designed specifically for small businesses with independent contractors and gig workers. With DoraPay, small business owners can now manage their 1099 payroll efficiently and provide valuable employer sponsored benefits to their workforce. Dora helps employers better serve th...
Finance
Lendsmart | December 06, 2021
Lendsmart, an AI-driven digital lending platform, today announced its partnership with Breakout Capital, a leading small business lender that provides simple, straightforward working capital solutions to small businesses.Breakout Capital has integrated with Lendsmart’s Loan Management System, which to date, has processed over 15,000 loans. With Lendsmart’s lending technology, Breakout Capital can offer borrowers one end-to-end digital experience that brings experts and advisors toget...
ABC News | March 18, 2020
Luis Rivera and his family have run their neighborhood rotisserie chicken joint in downtown New York City for nearly five decades, staying open through everything from 9/11 to Superstorm Sandy, but he said he's never seen anything like the coronavirus pandemic. Rivera is among a handful of small business owners -- many of whom already operate on razor-thin margins -- who say they are entering times of unprecedented uncertainty. Despite pledges from the government and private sector, many say...
Business Strategy
Ready Capital & LenderAI | May 10, 2022
Ready Capital Corporation (NYSE: RC) ("Ready Capital" or the "Company") announced another Company record for small loan closings (loans from $10,000 to $350,000) funding over fifty-five (55) SBA 7(a) small loans in April. The Company attributes this success and continuous growth to using a technology platform called LenderAI by iBusiness Funding LLC ("iBusiness Funding"), which is now available to all lenders. "LenderAI has en...
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