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SMALL BUSINESS TRENDS
Sana | September 19, 2022
Sana, a health care company providing dependable health benefits to small businesses at affordable prices, today announced its expansion into Alabama.Founded in 2017, Sana recently closed a $60 million Series B funding round co-led by Trust Ventures and Gigafund. Sana is serving a traditionally underserved market in Alabama. In addition to the lack of health insurance options for small businesses, Alabama ranks among the nation’s worst states regarding overall clinical care, according to T...
Lenovo | February 09, 2022
Today, Lenovo announced the ten Ontario-based recipients of its Evolve Small grant program aimed at providing relief to Black, Indigenous, and People of Colour-owned (BIPOC) small businesses navigating the challenges and impact of COVID-19. Issued in partnership with the Toronto Region Board of Trade (TRBOT), each small business will be awarded a CAD $10,000 grant. In addition, Lenovo is providing educational programming to all TRBOT member businesses, to help accelerate their digital adoption.<...
Finitive | September 15, 2020
Finitive, a private credit platform providing institutional investors with direct access to alternative lending investments, today announced that it has facilitated a credit facility for a specialty finance company that buys distressed small business loans and merchant cash advance (MCA) portfolios. The specialty finance company will use the credit facility to purchase distressed and non-performing portfolios from non-bank MCA lenders, and also from investors and warehouse lenders to MCA lenders...
Business 2 Community | January 28, 2020
According to our research, 63 percent of invoices are paid within 30 days. The good news is that a majority of invoices are in fact being paid. The bad news, however, is that it’s taking a month to get paid. Invoice timing matters. That may not sound like a big deal, but when you’re waiting that long to receive a payment you’re putting your business in jeopardy. And, once a bill isn’t paid in 90 days, there’s only an 18 percent chance of ever receiving that payment....
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