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FINANCE

Expensify | February 08, 2022

CIBC Innovation Banking is pleased to announce it has provided a $100 million credit facility to Portland-based Expensify, a payments superapp that helps individuals and businesses around the world simplify the way they manage money. This funding, provided in October 2021, will further support the company’s rapid growth and product expansion, and represents a significant increase to an existing relationship between CIBC Innovation Banking and Expensify. With more than 10 mil...

FINANCE

Sunrise | February 07, 2022

Sunrise by Lendio launched a suite of new tools in 2021 that helped save time, money, and energy for people running small businesses. Sunrise is an online platform providing free bookkeeping services and financial insights. Tax Assist; Bank Reconciliation Personalized Onboarding; and Sunrise Plus, a software tool that enhances a business's ability to invoice customers, are among the innovative tools introduced. Tax Assist is a free service for Sunrise customers ...

Business Wire | August 28, 2020

Crestmont Capital, a leader in small business lending, today announced it facilitated more than $380 million in Paycheck Protection Program (PPP) loans. Since initiating PPP applications on April 6, 2020, Crestmont Capital has provided access to a financial lifeline to more than 10,000 small businesses nationally. Crestmont Capital was one of the first lenders in the country to offer loans via the PPP to all small businesses, without requiring preexisting relationships. As a result, the demand f...

Business Wire | March 04, 2020

Western Digital (NASDAQ: WDC) is enabling small and medium-sized enterprises (SMEs) to easily transition to NVMe™ storage and dramatically improve application performance with a new addition to its portfolio of data center NVMe SSDs: the first enterprise-class NVMe SSD in the WD Gold™ family. Industry analyst firm IDC expects NVMe unit shipments to reach more than 79 percent of the market by 20231. With advancements in multi-core, multi-threaded CPUs, legacy storage technology has be...