Opportunity Network

Small Business Trends

Square | September 28, 2021

Square announced the launch of Square Card in Canada to address one of the biggest challenges small businesses face: managing their cash flow. The announcement marks a milestone in Square’s goal of expanding financial access in Canada — its second largest international market — and better positions the company to serve the needs of business owners across the country. “We’ve heard, time and time again, that cash flow is a major pain point for C...

Business Strategy

KKR | September 02, 2021

KiotViet, a leading merchant platform for micro, small, and medium enterprises (MSMEs) in Vietnam, and KKR, a global investment firm, today announced the signing of definitive agreements under which KKR will participate as the lead investor in the US$45 million Series B funding round of KiotViet (“the Company”), with participation from its existing investor, Jungle Ventures. KiotViet aims to drive the digital transformation of MSMEs, a key segment that accounts for app...

Finance

National Bank of Coxsackie | October 14, 2022

In response to rising interest rates issued by the Federal Reserve to slow inflation, the National Bank of Coxsackie (NBC) has initiated a Small Business Loans Special. Qualifying small business customers will be able to apply for commercial installment loans at a fixed rate as low as 3.99% APR2 for up to 60 months. “NBC is committed to support communities by helping businesses with their funding needs at competitive interest rates,We've specifically alloca...

Small Business Advice

First Citizens Bank | December 09, 2020

The 6th yearly First Citizens Bank Small Business Forecast has discovered that notwithstanding broadly acknowledged vulnerabilities because of the Covid pandemic, numerous small entrepreneurs stay hopeful about the monetary standpoint for a few years. Of those surveyed, 66% of respondents are idealistic or extremely hopeful for the drawn out monetary viewpoint, which stays comparable to pre-pandemic notion from 2019 (68%). “This year has been challenging and unpredictable fo...