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Small Business Advice

Opportunity Fund | January 07, 2021

Opportunity Fund, the nation's leading nonprofit Community Development Financial Institution (CDFI) to small businesses, today declared partnerships with Meriwest Credit Union, Self-Help Federal Credit Union, and UMe Credit Union, part of the nonprofit lenders' $1 Billion obligation to investing in minimized businesses nationwide in the following two years. These partnerships increase small business owners' access to transparent, reasonable credit — especially among businesses ...

Mnuchin | April 29, 2020

The United States will audit government-backed loans intended to relieve small businesses hit by the coronavirus to ensure they weren't taken out by large companies, Treasury Secretary Steven Mnuchin said on Tuesday, April 28. The Paycheck Protection Program (PPP) was part of a $2.2-trillion stimulus package passed by Congress late in March to blunt the pandemic's impact on the economy, and is supposed to lend money to businesses with fewer than 500 employees. But the initi...

Management

SMART Global Holdings, Inc. | June 30, 2022

SMART Global Holdings, Inc. (“SGH” or the “Company”) (Nasdaq: SGH) announced that it has entered into a definitive agreement with affiliates of Siris Capital Group, LLC, to acquire Stratus Technologies (“Stratus”), a global leader in simplified, protected, and autonomous computing solutions in the data center and at the Edge. Under the terms of the agreement, SGH will pay $225 million in cash at closing and an earn-out payment of up to $50 million, based...

Search Results Web results Small Business Trends | July 29, 2020

Kabbage has announced the launch of its new checking account solution targeting small businesses. The new offering provides small businesses access to digital banking services including electronic wallets, free ATM access and bill payments. According to Kabbage, these are the same capabilities,convenience and security businesses can expect with a traditional checking account. This offering comes without monthly fees. And it offers a 1.10% Annual Percentage Yield (APY) – touted as one...