The Voice: Industry News - July 3, 2018
July 2, 2018
Earlier this month, Congress voted to enable the Small Business Administration (SBA) to increase the annual limit on its loan guarantees for its popular 7(a) loan program by 15 percent.
There has been an uptick in the number of community foundations that are moving money out of big investment houses and into more local investment options.
Source: Nonprofit Quarterly
The largest credit unions with nationwide growth aspirations should be treated like banks, with special focus given to community reinvestment requirements.
About 1.2 million of the 12.2 million business owners in the United States are immigrant Latinos.
Source: Gainesville Times
Oportun focuses on lending to people in low-income communities who may have low credit scores, thin credit files or no experience with credit.
Kabbage outlines how it has handed over around a fifth of the $5 billion it has lent to small businesses since 2009 at night or over the weekend.
One person who is decidedly optimistic about the American small business economy is Small Business Administration (SBA) Administrator Linda McMahon.
Source: Small Business Trends
May 7, 2019
Industry News -
The Ultimate National Small Business Week 2019 Events Calendar : With so many events, promotions, and deals to be had, the Big List of National Small Business Week is designed to help you find what is taking place across the country.