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Industry News - October 9, 2018
October 9, 2018
SBA Celebrates National Women’s Small Business Month
In recognition of this month, SBA Administrator Linda McMahon has written a blog on the organization’s site on the entrepreneurial spirit of women.
Big Banks Hit Record High Small Business Loan Approval Percentages in September
The September approval percentage for big banks (assets of $10 billion+) rose from 26.5% to 26.7%, according to Biz2Credit’s monthly report.
Small Business Sentiment Retreats From 45-Year High, According to NFIB
The 2017 tax cuts helped drive optimism to the highest in decades, yet owners call taxes their second-biggest business problem
Big Drivers of Small Business Loans
While fintech firms are capturing the bank’s market share, banks still have an opportunity to win a larger share of the pie.
Uber and Girlboss Want to Help Fund Women-Owned Startups
Uber is teaming up with Girlboss to invest more than $200,000 in women entrepreneurs.
Millennials and Impact Investing: A Striking Pair For a Broadening Sector
More than half of Millennial investors (52%) see the social responsibility of their investments as important selection criteria.