Tagged: small business administration

May 24, 2023 @ 3:02 pm By Omar Faridi  |  

With the U.S. Small Business Administration (SBA) actively seeking new ways to help small business owners secure financing during the current credit crunch, Biz2Credit and CPA.com have introduced a new SBA 7(a) lending option “to the CPA Business Funding Portal, a cloud-based platform that supports… Read More

April 15, 2023 @ 11:41 am By JD Alois  |  

The US Small Business Administration (SBA) has completed rules that aim to improve access to capital for small businesses in underserved communities, according to a statement by the agency. The final rule makes permanent a program for nonprofit lenders, and removes “outdated limits” on non-depository… Read More

April 22, 2021 @ 11:15 pm By Samantha Hurst  |  

  Toast, a U.S.-based restaurant management fintech platform, announced on Thursday it has formed a partnership with the U.S. Small Business Administration (SBA) to help provide customers with access to funds made available through the $28.6 billion Restaurant Revitalization Fund (RRF). Toast reported that the partnership… Read More

January 15, 2021 @ 9:29 am By Samantha Hurst  |  

Small Business Administration (SBA) lender Fountainhead recently announced it has signed a new deal to license Bix2X SBA platform for Paycheck Protection Program loans, as well as other SBA programs. Founded in 2015, Fountainhead describes itself as a nationwide direct lender specializing in SBA 504,… Read More

May 5, 2020 @ 11:18 am By Samantha Hurst  |  

SpotOn Transact, Inc (SpotOn), a software and payments company, announced on Tuesday it has formed a new partnership with fintech unicorn SoFi to provide financial products to small businesses during the COVID-19 pandemic. According to SpotOn, the collaboration will help small businesses by bypassing the… Read More

April 28, 2020 @ 3:13 pm By JD Alois  |  

The Small Business Administration (SBA) has processed $48.5 billion in the first 24 hours of the second round of the Paycheck Protection Program (PPP). The SBA lending platform has struggled to maintain pace of the demand and crashed during the early hours as banks and… Read More

April 12, 2020 @ 6:49 pm By Omar Faridi  |  

Fintech firms Intuit and PayPal have been approved by the Small Business Administration (SBA) to distribute funds, which are part of the US organization’s emergency lending and relief program. The funds are being given to businesses in order to help them sustain their operations, following… Read More

March 31, 2020 @ 10:23 pm By Omar Faridi  |  

NYMBUS is planning to help US-based financial institutions with effectively responding to the economic instability resulting from the Coronavirus (COVID-19) outbreak. NYMBUS is a core banking modernization firm. It helps financial service providers with their digital transformation strategies. The company is offering a new program… Read More

April 24, 2019 @ 4:48 pm By JD Alois  |  

Small businesses create the majority of jobs in the US – just like many other developed economies. With jobs comes wealth and prosperity. If this job creation engine shuts down, as we have seen in the last recession, its a disaster. According to the US… Read More

March 29, 2018 @ 2:03 pm By JD Alois  |  

The US Small Business Administration (SBA), Office of Advocacy, is out with a report reviewing the status of small business crowdfunding. According to the SBA, equity crowdfunding was particularly popular among very young firms. Nearly a third of firms were six months or younger when… Read More

October 2, 2017 @ 10:07 pm By Samantha Hurst  |  

Last week, Administrator Linda McMahon, head of the U.S. Small Business Administration, announced the launch of Lender Match, the SBA’s online referral tool connecting small business borrowers with participating SBA lenders.  Lender Match is an upgrade to LINC (Leveraging Information and Networks to access Capital), which was… Read More

July 23, 2015 @ 10:15 am By Midori Yoshimura  |  

As the founder of Merchant Cash and Capital (MCC), a small business alternative lending company that has also worked with companies from UPS to Pita Pit, Stephen Sheinbaum oversees a company that is using leading technology to change the way small businesses get capital. Prior… Read More

January 21, 2015 @ 7:25 am By Midori Yoshimura  |  

The signature scent of January is optimism: We will avoid processed food, learn Mandarin Chinese and log at least nine miles before dinner (likely wild salmon atop a quinoa-kale salad). But New Year’s resolutions become realities after taking the first step, whether it’s learning how… Read More

December 27, 2014 @ 12:05 pm By JD Alois  |  

The Small Business Administration (SBA) has scheduled a crowdfunding marketing basics event to be held in San Francisco in January.  The event is described as an educational effort for people looking to crowdfund their product or service.  The class is being taught by “volunteer presenter”… Read More

September 16, 2014 @ 2:13 pm By JD Alois  |  

The US Small Business Administration (SBA) and the Securities and Exchange Commission (SEC) have decided to work together to spread the word on the JOBS Act and new options to raise capital for small businesses.  The JOBS Act legalized various forms of investment crowdfunding including:… Read More

January 17, 2014 @ 10:06 am By Georgia Quinn  |  

Office of Advocacy Invokes Act That Requires SEC to Consider Impact on Small Business. If first you don’t succeed… In a brief but much needed comment letter, dated January 16, 2014, the Office of Advocacy (Advocacy) of the Small Business Administration (SBA) asked the Securities… Read More

January 6, 2014 @ 1:59 pm By JD Alois  |  

The Small Business Administration has scheduled a Small Business Roundtable on Crowdfunding. The event will be taking place on Wednesday, January 15, 2014 at the SBA offices in Washington, DC.  As previously reported the two hour meeting will feature prominent Securities Attorney and Crowdfund Insider columnist… Read More

December 9, 2013 @ 11:18 am By JD Alois  |  

California based Securities Attorney Samuel S. Guzik has been scheduled to lead the Small Business Administration (SBA) Crowdfunding Roundtable scheduled for January 15, 2014.  The event is open to the public and will be held at the SBA offices in Washington, DC.  Guzik, a noted… Read More

December 5, 2013 @ 9:50 am By JD Alois  |  

The Small Business Administration, Office of  Advocacy, has scheduled a roundtable discussion of crowdfunding for Wednesday, January 15, 2014 from 10:00 a.m. – 12:00 noon.  A call in option is expected to be available as well. The Small Business Roundtable on Crowdfunding will be held at the U.S. Small… Read More

September 27, 2013 @ 7:00 am By Samuel Guzik  |  

Still Time to Comment on SEC’s Proposed Regulation D General Solicitation Rules? On July 10, 2013, the SEC issued its final rules allowing general solicitation and advertising in unregistered private placements, provided all of the investors were accredited, effective September 23, 2013.  However, on the… Read More