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The Business Journal | February 04, 2020
The market for small businesses rebounded in the last three months of 2019 after four straight quarterly declines caused in part by uncertainty about U.S. trade policy. That’s the finding of a report analyzing business sales released by BizBuySell.com, an online marketplace for companies. BizBuySell.com counted 2,340 small businesses sold during October-December, up nearly 2.3% from 2,288 sold in the same period of 2018. For all of 2019, sales fell 5.5% to 9,746 from 10,312 the previous ye...
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globenewswire | August 11, 2023
Five Star Bank (“Five Star” or the “Bank”), the wholly-owned community bank subsidiary of Financial Institutions, Inc. (the “Company”), announced an expansion to its suite of small business products and services. Through its partnership with Numerated, Five Star is now offering digital loan origination for small businesses. “We understand that business owners need ready access to capital to run their businesses, from managing cash flow t...
PYMNTS.com: | April 08, 2020
Recognizing that Main Street is being hard hit by the coronavirus pandemic, Mastercard committed $250 million over the next five years to support small- to medium-sized businesses (SMBs), according to a press release. The announcement came during the virtual America CARES Small Business Relief event hosted at the White House on Tuesday afternoon (April 7). The New York-based credit issuer pledged to help defend businesses and their employees through free cyber vulnerability assessments and ident...
Black Enterprise | April 06, 2020
Since the start of the global pandemic of COVID-19, or the novel coronavirus, many states have issued a mandatory stay-at-home order for all residents forcing all non-essential businesses to close down until the virus has been properly contained. As a result, small business owners have been struggling to keep their doors open and stay afloat through the economic fallout. Companies like Facebook and Google have been stepping in by providing grants to entrepreneurs struggling with their expenses a...
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