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Opportunity Fund | January 07, 2021
Opportunity Fund, the nation's leading nonprofit Community Development Financial Institution (CDFI) to small businesses, today declared partnerships with Meriwest Credit Union, Self-Help Federal Credit Union, and UMe Credit Union, part of the nonprofit lenders' $1 Billion obligation to investing in minimized businesses nationwide in the following two years. These partnerships increase small business owners' access to transparent, reasonable credit — especially among businesses ...
PR Newswire | April 02, 2020
As a result of the coronavirus pandemic, brick-and-mortar retailers are closing their physical doors, and economic data1 shows that half have only enough cash to survive for 27 days without new money coming in. In light of this situation, people everywhere are searching for ways to support the businesses in their community and beyond. Today, eBay is launching "Up & Running," an accelerator program specifically designed to help retailers without an e-commerce presence transition to ...
Business Wire | August 18, 2020
American Express (NYSE: AXP) today announced that it has entered into an agreement to acquire substantially all of Kabbage, a leading financial technology company providing cash flow management solutions to small businesses in the U.S. The transaction represents an important step toward American Express’ goal of being an essential partner to small businesses through a broad range of payment, cash flow and financial management tools. Under the terms of the agreement, American Express will a...
PRnewswire | May 05, 2023
Progressive Insurance®, the leading commercial auto insurer in the United States, today announced they are taking applications for the brand's Driving Business Forward grant program in support of Black entrepreneurs. Each of the 10 small business owners selected will be awarded a $25,000 grant to use toward the purchase of a commercial vehicle for their business.
While 20 percent of Black Americans start businesses, only four percent of these businesses survive the start...
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