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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...
Lowe's Companies, Inc. | July 17, 2020
In response to the overwhelming need to help support small businesses across the country, Lowe's Companies, Inc. is announcing it is increasing its minority small business grants from $25 million to $30 million while donating an additional $25 million to its small business grant program with the Local Initiatives Support Corporation (LISC), doubling the amount already committed. The additional funds will focus on rural communities, which have been hard hit by the pandemic. The total $55 mill...
Cision PR Newswire | August 07, 2020
In these uncertain times, many small businesses are having a very difficult time staying afloat. A recent Washington Post article estimated that more than 100,000 small businesses have already shut down, forever. Those that are surviving, face increased competition for the dwindling consumer dollar. The company is using cutting-edge data analytics, along with industry-leading technology, to help small businesses with advertising, branding, and other crucial decision-making processes that can mak...
CNBC | February 20, 2020
Small business sentiment is on the rise to kick off 2020, with confidence nearing all-time highs, according to data from CNBC and SurveyMonkey. The CNBC/SurveyMonkey Small Business Confidence Index climbed two points in the first quarter, from 59 to 61, as concerns over trade policy impacts lessened, thanks to a trade deal with China and the signing of the USMCA. This is a sharp turnaround from the lows seen last summer as trade turmoil weighed on Main Street’s outlook. The Small Business ...
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