SIM Solutions (P) Ltd.

Business Wire | April 01, 2020

Half of America’s small businesses can’t afford to pay employees for a full month under the current economic lockdown meant to slow the spread of the coronavirus pandemic. This is according to new surveys released today by SHRM (Society for Human Resource Management). The research found most businesses expect to see a decrease in revenue, while businesses in certain sectors can expect even greater losses. Additionally, a majority (58 percent) of American workers will be unable to mee...

Lowe’s | June 12, 2020

Lowe’s Companies, Inc. opened its inaugural phase of grant applications to offer relief to minority-owned businesses as part of its $25 million commitment announced in the past. The effort comes at a time when small companies work to stay in business and pay their workers amid the economic damage that the coronavirus caused, according to an announcement. Lowe’s said its contribution will back emergency grants in areas that have been traditionally underserved in addition to other form...

MANAGEMENT

Capital CDC | September 27, 2022

Capital CDC strives to make a difference in the communities we serve through unwavering advocacy and reinvestment in local economic development.Recently, Capital CDC donated $15,000 to WESST, a non-profit, small business development and training organization committed to growing New Mexico's economy by cultivating entrepreneurship. Since 2013, Capital CDC has provided financial donations to non-profits and economic development organizations in New Mexico totaling $124,500. Capital CDC contri...

FINANCE

LoanBud | April 21, 2022

BayFirst Financial Corp. announced that First Home Bank (d/b/a BayFirst Bank), its wholly-owned subsidiary, has launched LoanBud, a lending division designed specifically to serve self-employed homebuyers and small business owners across the U.S. LoanBud provides the option to qualify for a mortgage loan without tax returns and underwrites each self-employed borrower's income before providing a pre-approval letter. LoanBud also offers government-backed Small Business Administr...