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PRnewswire | July 24, 2023
Operation HOPE, the nation's leading non-profit dedicated to financial literacy, today announced second quarter impact results from its groundbreaking One Million Black Businesses (1MBB) initiative. Launched in 2020, 1MBB has provided access to an integrated suite of services, knowledge, capital and technology tools needed to launch, sustain, and grow new Black businesses, at no cost to program participants. Operation HOPE tracks and measures the success of the 1MBB Initiati...
Small Business Advice
Biz2Credit | July 15, 2021
According to the latest Biz2Credit Small Business Lending IndexTM, small business loan approval percentages at big banks ($10 billion+ in assets) increased slightly from 13.5% in May to 13.6% in June 2021, while approvals at small banks increased from 18.7% in May to 18.9%. The total nonfarm payroll employment increased by 850,000 in June, while the unemployment rate increased by one-tenth of a percentage point to 5.9%, according to data released by the U.S. Bureau of Labor Statis...
MARKETING AND NETWORKING, SMALL BUSINESS ADVICE
DesignRush | July 11, 2022
46% of all Google searches have local intent. That’s an impressive 37,000 local searches per second. It matters because 76% of consumers that perform a local search on their phones visit a store that day, as shared by Backlinko. While Google’s traditional ranking factors apply to local SEO, there are various other strategies that businesses, especially small ones, can leverage to increase exposure in local listings. DesignRush, a B2B marketplace connecting businesses w...
Finance
Mibanco | March 21, 2022
Mibanco, the largest microfinance bank in both Peru and Latin America, has used FICO Platform’s Decisions Capability to boost its lending capacity and respond quickly to changing market conditions during the pandemic. The transformational project has reduced the time taken to put policy into production by 90 percent and cut annual IT development expenditure by 20 percent, allowing Mibanco to better serve thousands of its customers. “Mibanco’s goal is to expand ac...
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