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IOL | February 28, 2020
Small business has welcomed the Budget, saying the marginal relief from tax increases and the changes to the electricity regulatory framework were positive. Pieter Bensch, the executive vice-president for Africa and the Middle East at Sage, said Finance Minister Tito Mboweni’s Budget speech offered small and medium-sized enterprises (SMEs) reason to feel both relief, due to the lack of growth-dampening tax increases, and cautious optimism about the prospects for economic recovery over the ...
Business Wire | January 31, 2020
SMBX, a marketplace for buying and selling small-business bonds, and Degrees Plato, an Oakland owned-and-operated taproom, bottleshop and Mexican kitchen, announced the launch of Degrees Plato’s (PLTO) Small Business Bond™ offering. The offering enables the community to invest in the business directly with as little as $10, providing the business a faster, local pathway to capital. SMBX is ushering in a new model of finance that allows small businesses to offer bonds directly to the ...
MANAGEMENT
Sensibill | December 13, 2021
Sensibill, the only customer data platform designed specifically for the financial services industry, today announced a new partnership with global cloud accounting software provider FreshBooks. Together, the companies are automating data entry to provide small business owners with better expense management using optical character recognition (OCR) technology. Sensibill’s technology will be embedded within FreshBooks’ platform, providing more complete data and analysis...
FINANCE
Crossroads Systems Inc. | December 17, 2021
Crossroads Systems, Inc., a holding company focused on investing in businesses that promote economic vitality and community development, announced today that it has reached an agreement in principle to acquire Fountainhead, a leading national, non-bank, direct commercial lender specializing in business financing for small to midsize businesses. Founded by some of the most experienced and accomplished Small Business Administration (SBA) lenders in the industry, Fountainhead finance...
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