SMALL BUSINESS ADVICE
TD | November 18, 2022
TD, America's Most Convenient Bank®, announced today that it ranked No. 1 for the sixth consecutive year in total number of approved U.S. Small Business Administration (SBA) loans in its Maine-to-Florida footprint for the SBA's 2022 fiscal year. TD Bank is also the #2 ranked SBA lender nationwide.In the SBA's 2022 fiscal year (Oct. 1, 2021 – Sept. 30, 2022), TD outperformed the competition, lending approximately $313 million and approving a total of 2,134 SBA 7(a) and 504 loans combined. We are proud to be a leader in serving Small Businesses and are committed to meeting the needs of these entrepreneurs, who serve as the backbone of the local economy," said Chris Giamo, Head of Commercial Banking, TD Bank. "While we've seen improvement over the past two years, challenges still remain for small businesses and SBA loans are a key piece in meeting credit needs. This milestone for TD Bank is a point of pride and is directly aligned with our purpose to enrich the lives of our customers and communities.
"We are very proud of our small business programs,The work we do with our small business customers helps drive local economies and ensures the communities we serve continue to thrive."
Amy Dinkar-Patel, Head of Commercial Distribution, TD Bank.
In addition to earning the top spot across its footprint, TD achieved No. 1 rankings in four states – New Hampshire, New Jersey, South Carolina and Florida. Congratulations to the Small Business team for earning these great honors," said Tom Pretty, Head of SBA Lending, TD Bank. "While we don't do this for the accolades, it's great that our hard work to support small businesses from Maine to Florida is being recognized.
About TD Bank, America's Most Convenient Bank
TD Bank, America's Most Convenient Bank, is one of the 10 largest banks in the U.S., providing over 9.8 million customers with a full range of retail, small business and commercial banking products and services at more than 1,100 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD Auto Finance, a division of TD Bank, N.A., offers vehicle financing and dealer commercial services. TD Bank and its subsidiaries also offer customized private banking and wealth management services through TD Wealth®. TD Bank is headquartered in Cherry Hill, N.J.
SMALL BUSINESS ADVICE
WALMART | November 01, 2022
Popable, a pop-up shop marketplace platform connecting brands and spaces for short-term retail leasing, and Walmart, the largest national retail department store, announced today that they have entered a strategic partnership that will allow small businesses to rent retail space in Walmart stores across the country for short-term leasing. Small businesses will have the opportunity to rent out pop-up space in designated Walmart stores without being committed to a long-term lease. "The growth opportunities for emerging brands are at the heart of Popable's pop-up shop platform. We are excited to partner with Walmart to bring new brands to local communities while providing small business owners the ability to thrive with some great built-in foot traffic, said Scott Blair, the Co-Founder, and CEO of Popable. "For retailers emerging from a challenging year in the face of post-covid impacts ranging from rising economic concerns to delivery issues at the ports, pop-up retail could be a great way to move excess inventory. Brands and spaces can both list on Popable's online website (https://Popable.com). Small businesses can then be paired with their local participating Walmart to connect and enter into an agreeable temporary leasing agreement. The timeframe of these leasing agreements will be predetermined by the small business and can range in time from a month up to a year but could grow to a longer-term agreement. The terms are decided and negotiated by the brands and spaces directly themselves.
"Supporting small businesses has always been a priority for Walmart. We are proud to work with Popable to offer local brands an opportunity to grow inside our stores, This is a great example of our focus on offering services unique to the neighborhoods we serve through our store of the community initiative."
Senior Director of Retail services for Walmart, Darryl Spinks.
Due to the pandemic, many small businesses across the nation severely suffered to the point where they had to close shop. Now, with this opportunity, several small businesses and start-ups will have the chance to bounce back in time for the holidays.
Popable™ is a pop-up shop marketplace platform that connects brands & spaces for short-term retail leasing. Brands will find the qualified spaces, education, resources, community, and connections they need to grow, while retail landlords can easily find qualified retailers from a directory of thousands of brands to fill vacancies and drive traffic to their shopping centers. This is making retail more accessible for small to mid-size businesses looking to get their foot into physical locations. More information is available by visiting popable.com, on Facebook at facebook.com/popablehq, and on LinkedIn at linkedin.com/company/popablehq.
Walmart Inc. helps people around the world save money and live better - anytime and anywhere - in retail stores, online, and through their mobile devices. Each week, approximately 230 million customers and members visit more than 10,500 stores and numerous eCommerce websites under 46 banners in 24 countries. With fiscal year 2022 revenue of $573 billion, Walmart employs approximately 2.3 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy, and employment opportunity.
SMALL BUSINESS ADVICE
Office Evolution | November 17, 2022
With more South Carolina-based companies looking for new ways to maintain productivity, innovation, and engagement as the shift to remote and/or hybrid work takes hold; Office Evolution® has the perfect solution. The coworking provider continues to address demand and help small businesses and entrepreneurs by offering convenient and affordable flexible business environments in some of the region's busiest suburban markets. Home to a continuously growing residential population, South Carolina is becoming a hub for small and medium-sized businesses. According to IBISWorld, South Carolina has seen a steady increase in the number of businesses calling The Palmetto State home. With a total of just over 456,000 businesses located in South Carolina and a growth rate of 3.7% over the last five years, this puts South Carolina at seventh in the nation in terms of state business growthi. Office Evolution's two locations in South Carolina, one in Mt. Pleasant, which opened in July of 2019, and one in downtown Charleston, which opened in April of 2017, are experiencing a continuous demand in interest as they consistently help businesses within various industries, including professional services, retail support, and healthcare administration. The two centers provide 14,400 square feet of thoughtfully designed office spaces that create an inviting atmosphere for a diverse business ecosystem. Members of Office Evolution benefit from being part of the brand's nationwide network of coworking locations, where they have access to over 70 other Office Evolution business locations in 25 states when traveling. Office Evolution is also part of United Franchise Group's Coworks™ division, which is the largest privately owned network of affiliated coworking and flexible office space franchises in the world.
"It's clear that working in a hybrid-style format is how businesses will approach work going forward, Having the option to work in a space with all the amenities of a downtown office that is also close to home is appealing to those who want a productive and professional environment. Every Office Evolution location is strategically situated to offer a short commute and the flexibility to choose when and where business professionals work."
Jason Anderson, President of Office Evolution.
About Office Evolution
Office Evolution® (OE), a shared workspace – coworking environment, founded in 2003 and cultivated on the principles of 'Ohana', the Hawaiian tradition that references family working toward a common goal. Office Evolution is part of Coworks™ the largest privately held affiliated coworking franchise network on the planet, associated with United Franchise Group™ (UFG), a successful community of affiliated brands and consultants. Office Evolution is serious about supporting small business owners – the Dreamers, Risk-Takers and Doers who dare to chase their passions. For more information about Office Evolution visit www.officeevolution.com and for information about franchise opportunities visit www.officeevolution.com/development.
About United Franchise Group
Led by CEO Ray Titus, United Franchise Group™ (UFG) is home to an affiliated family of brands and consultants including Accurate Franchising Inc.™, Exit Factor™, FranchiseMart®, Fully Promoted®, Signarama®, Transworld Business Advisors®, and the Coworks™ division consisting of Franchise Real Estate™, Network Lead Exchange™(NLX), Office Evolution® (OE) and Venture X® as well as a food division featuring Graze Craze® and The Great Greek Mediterranean Grill®. UFG affiliated brands include over 1600 franchises in more than 60 countries, with consultants that have helped develop over 350 brands into franchises, in over 80 countries with more than 2500 franchisees. With over three decades in the franchising industry United Franchise Group offers unprecedented leadership and solid business opportunities for entrepreneurs.
Coworks™ specializes in franchising within the coworking industry, offering solutions, expertise, and shared service options within the flexible workspace franchise community. Part of the United Franchise Group™ (UFG) family of affiliated brands and consultants, Coworks was founded in 2021 by Ray Titus, founder and CEO of United Franchise Group, with the express intention of building a framework to connect a variety of coworking brands, services, and amenities within the coworking industry, providing the largest privately owned affiliated franchise network of flexible, professional, and shared office space options on the planet.