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Technology

PRnewswire | May 05, 2023

Progressive Insurance®, the leading commercial auto insurer in the United States, today announced they are taking applications for the brand's Driving Business Forward grant program in support of Black entrepreneurs. Each of the 10 small business owners selected will be awarded a $25,000 grant to use toward the purchase of a commercial vehicle for their business. While 20 percent of Black Americans start businesses, only four percent of these businesses survive the start...

Business Wire | September 07, 2020

ECI Software Solutions, a leader in cloud-based business management solutions, today announced that it has acquired ThermoGRID, a cloud-based solution that makes doing business more efficient and profitable for small to medium residential service companies. ThermoGRID will become part of ECI’s Field Service division, under division president Laryssa Alexander, and will enable ECI to reach a new segment of the market: residential service companies, including HVAC, electrical and plumbing....

Toronto Sun | January 14, 2020

Paying for goods and services with plastic seems to be the most convenient thing to do nowadays, but only 5% of small business have stopped taking cash, according to a Bank of Canada study. The study, entitled Merchant Acceptance Survey, noted futuristic forecasts of a cashless world seem to be overblown. “We estimate that only 5% of merchants currently do not accept cash, and an additional 8% plan to stop accepting cash within the next five years,” the study stated, as reported by B...

Finance

Freedom Bank of Virginia | October 12, 2022

The Freedom Bank of Virginia announced today that the Small Business Administration (SBA) approved the Bank for the Preferred Lenders Program (PLP). The SBA designates certain experienced lenders as PLP Lenders and delegates the authority to process, close, service, and liquidate most SBA-guaranteed loans without prior SBA review. Now as a PLP Lender, Freedom Bank is authorized to make SBA-guaranteed loans without prior SBA review of eligibility or creditworthiness allowing for a more seamless a...