Mental Floss

Technology

Businesswire | July 25, 2023

SettleTop, Inc. announces it has been selected by AFWERX for a SBIR Phase II contract in the amount of $1.25 million focused on developing a software contributor and social network mapping platform to secure the nation’s software supply chain in addressing the most pressing challenges in the Department of the Air Force (DAF). The Air Force Research Laboratory and AFWERX have partnered to streamline the Small Business Innovation Research (SBIR) and Small Business Technology...

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...

Industry Outlook

Citi | January 12, 2022

Citi today announced that it intends to exit the consumer, small business and middle market banking operations of Citibanamex as part of its strategic refresh. Citi will continue to operate a locally-licensed banking business in Mexico through its global Institutional Clients Group. Citi has operated in Mexico for more than a century and the country will remain among Citi’s top institutional markets outside of the U.S. Citi will continue to invest in and grow those institutional banking op...

Small Business Advice

Newswire | June 28, 2023

Lendistry, the country's largest African American-led deployer of capital, is now partnering with SHOPPE BLACK, a trusted source of information in the Black business community. With the shared goal of connecting Black business owners with the resources they need to thrive, the two platforms aim to help Black entrepreneurs find a lending partner who has their best interests at heart and can support their financing needs to help them scale through the growth stage. Sharing inf...