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SMALL BUSINESSES FEAR HOLD-UPS IN $350 BILLION RESCUE PROGRAM

Crain's Cleveland Business: Homepage | March 26, 2020

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Getting the $350 billion in loans for small businesses in the record U.S. stimulus package into business owners' hands before a wave of closures will strain the nation's network of lenders and regulators as never before. The magnitude of the plan is unprecedented for the Small Business Administration, an agency that distributed $28 billion in fiscal year 2019 and is in charge of the program. Some small-businesses groups that had advocated for immediate help in the form of cash grants are...

Read More

Finance

BANK OF AMERICA INTRODUCES AFFORDABLE LOAN SOLUTION TO EXPAND HOMEOWNERSHIP OPPORTUNITIES IN BLACK/AFRICAN AMERICAN,HISPANIC-LATINO COMMUNITIES

bank of america | September 06, 2022

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Bank of America today announced a new zero down payment, zero closing cost mortgage solution for first-time homebuyers, which will be available in designated markets, including certain Black/African American and/or Hispanic-Latino neighborhoods in Charlotte, Dallas, Detroit, Los Angeles and Miami. The Community Affordable Loan Solution™ aims to help eligible individuals and families obtain an affordable loan to purchase a home. The Community Affordable Loan Solution is a Special Purpose Cr...

Read More

SMALL BUSINESS OWNERS TAPPING INTO PERSONAL SAVINGS, 401(K)S AND MORE AMID CORONAVIRUS CRISIS

ABC News | March 18, 2020

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Luis Rivera and his family have run their neighborhood rotisserie chicken joint in downtown New York City for nearly five decades, staying open through everything from 9/11 to Superstorm Sandy, but he said he's never seen anything like the coronavirus pandemic. Rivera is among a handful of small business owners -- many of whom already operate on razor-thin margins -- who say they are entering times of unprecedented uncertainty. Despite pledges from the government and private sector, many say...

Read More

Small Business Advice

NERDWALLET ACQUIRES SMALL BUSINESS LOAN MARKETPLACE FUNDERA

NerdWallet | November 03, 2020

news image

Financial guidance company NerdWallet announced at the end of last week that it has acquired Fundera. New York City-based Fundera was co-founded in 2013 by Jared Hecht, who previously co-founded GroupMe. It created a marketplace where small businesses could find loans, subsequently expanding into other areas like legal services, while also (like NerdWallet) offering free financial content. “It can be the wild wild west out there for small business owners,” Hecht said in ...

Read More
news image

SMALL BUSINESSES FEAR HOLD-UPS IN $350 BILLION RESCUE PROGRAM

Crain's Cleveland Business: Homepage | March 26, 2020

Getting the $350 billion in loans for small businesses in the record U.S. stimulus package into business owners' hands before a wave of closures will strain the nation's network of lenders and regulators as never before. The magnitude of the plan is unprecedented for the Small Business Administration, an agency that distributed $28 billion in fiscal year 2019 and is in charge of the program. Some small-businesses groups that had advocated for immediate help in the form of cash grants are...

Read More
news image

Finance

BANK OF AMERICA INTRODUCES AFFORDABLE LOAN SOLUTION TO EXPAND HOMEOWNERSHIP OPPORTUNITIES IN BLACK/AFRICAN AMERICAN,HISPANIC-LATINO COMMUNITIES

bank of america | September 06, 2022

Bank of America today announced a new zero down payment, zero closing cost mortgage solution for first-time homebuyers, which will be available in designated markets, including certain Black/African American and/or Hispanic-Latino neighborhoods in Charlotte, Dallas, Detroit, Los Angeles and Miami. The Community Affordable Loan Solution™ aims to help eligible individuals and families obtain an affordable loan to purchase a home. The Community Affordable Loan Solution is a Special Purpose Cr...

Read More
news image

SMALL BUSINESS OWNERS TAPPING INTO PERSONAL SAVINGS, 401(K)S AND MORE AMID CORONAVIRUS CRISIS

ABC News | March 18, 2020

Luis Rivera and his family have run their neighborhood rotisserie chicken joint in downtown New York City for nearly five decades, staying open through everything from 9/11 to Superstorm Sandy, but he said he's never seen anything like the coronavirus pandemic. Rivera is among a handful of small business owners -- many of whom already operate on razor-thin margins -- who say they are entering times of unprecedented uncertainty. Despite pledges from the government and private sector, many say...

Read More
news image

Small Business Advice

NERDWALLET ACQUIRES SMALL BUSINESS LOAN MARKETPLACE FUNDERA

NerdWallet | November 03, 2020

Financial guidance company NerdWallet announced at the end of last week that it has acquired Fundera. New York City-based Fundera was co-founded in 2013 by Jared Hecht, who previously co-founded GroupMe. It created a marketplace where small businesses could find loans, subsequently expanding into other areas like legal services, while also (like NerdWallet) offering free financial content. “It can be the wild wild west out there for small business owners,” Hecht said in ...

Read More

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SMALL BUSINESS ADVICE, BUSINESS STRATEGY

Building a Resilient SMB E-commerce: Best Practices for 2023

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Feature market insights and perspectives from top C-Level executives, elite technology influencers and thought leaders from your company here. This signature initiative has garnered immense support...

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