Tagged: small business

Small Housebuilder Funding Platform Clearwell Capital Launches Seedrs Round; Now Seeking £375,000 in Funding

Clearwell Capital, a UK-based company that provides funding to small and medium-sized property developers and housebuilders, is now seeking £375,000 through its equity crowdfunding campaign on Seedrs. Founded in 2010, Clearwell Capital states it is funded by banks, high net worth individuals and P2P lending… Read More

Lendio Milestone: Online Lender Surpasses $1.5 Billion in Small Business Loans Facilitated (Infographic)

U.S.-based online lending platform Lendio announced on Tuesday it has facilitated more than $1.5 billion in financing to small businesses across the U.S. This news comes just a few weeks after Lendio acquired of cloud-based small business account platform, Billy, and the launch of Lendio’s… Read More

Mastercard Now Offering Salesforce Essentials For Small Business Owners

Mastercard announced on Monday it is offering Salesforce essentials to its small business program. According to Mastercard, the benefits, which are now available across both Mastercard Business and Mastercard Business World Elite offerings in the U.S., will help small business owners “booster their daily hustle.”… Read More

Lendio Announces Acquisition of Cloud-Based Small Business Accounting Platform Billy; Announces Bookkeeping Software For Small Businesses

U.S.-based online lending platform Lendio announced on Wednesday the acquisition of Billy and the launch of its bookkeeping software for small businesses, Sunrise, which is a freemium bookkeeping software to meld accounting, cash flow management, loan, and credit information into a single platform. According to Lendio, Sunrise… Read More

Kabbage Secures $200 Million Revolving Credit Facility

Global financial service platform Kabbage announced on Tuesday it has secured a $200 million revolving credit facility to support its growth for providing U.S. small businesses access to flexible, online funding. According to Kabbage the senior tranche of the new dual-class transaction earned an A(sf) rating… Read More

Kabbage Forms New Partnership with BTEA to Fuel Access to Funding for Women & Minority-Owned Businesses

Kabbage announced on Friday it has teamed up with the Building Trades Employers’ Association (BTEA), to provide access to fast and flexible small business funding for BTEA members through its global financial service platform. According to Kabbage, the collaboration will support women and minority-owned business… Read More

SBA: It’s All About Jobs and Small Business is the Engine of Growth as 1.8 Million Net New Jobs Have Been Added

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

Visa Joins Forces With Financial Platform Wave to Improvement Small Business Cash Flow Management

Visa (NYSE: V) announced on Thursday it has joined forces with financial platform Wave to create a new, limited release payments solution that aims to transform the way small businesses manage their cash flow and provide merchants quicker access to funds. According to the duo, Wave’s… Read More

Alternative Small Business Finance Provider Capify Receives £75 Million Credit Facility From Goldman Sachs

Capify, a UK-based alternative small business financing provider, announced on Thursday it received a £75 million credit facility from Goldman Sachs Private Capital to support its future growth plans and provide working capital to thousands of Australian and British small businesses. Launched in 2008, Capify describes itself… Read More

Visa Launches New Global Initiative to Support Women-Owned Small Businesses

Visa announced on Tuesday the launch of its new global initiative, She’s Next, Empowered by Visa, to champion women-owned small businesses everywhere. Through the initiative, women small business owners are able to build, sustain, and advance their businesses. According to Visa, She’s Next, will be supported… Read More

Radius Bank Announces New Partnership With Y Combinator-Backed Startup Treasury Prime

Radius Bank, a virtual bank focused on providing clients with banking solutions to better financial health, announced on Tuesday it has formed a partnership with Treasury Prime, a Y Combinator-backed startup, to create the Tailored Checking Account, a checking account designed for business owners. According to Radius, Tailored Checking Account… Read More

Fundbox Launches New Payment & Credit Solution For Small Businesses Serving Other Businesses “Fundbox Pay”

Fundbox, a cash flow optimization tool platform for small businesses, announced last week it has launched a new payment and credit solution for small businesses serving other businesses called Fundbox Pay. The platform reported that it purposefully designed Fundbox Pay to help make business transactions… Read More

Online Marketplace Lender Nav Facilitated More Than 20,000 Small Business credit Approvals in 2017

Nav, a small business marketplace lending platform, announced this week it has facilitated more than 20,000 small business credit approvals in 2017. Founded in 2012, Nav described itself as an early-stage fintech company that uses data to help business owners get more funding, lower their costs,… Read More

Crowdcube Partners With Small Business UK to Give £5,000 Every Month to a Leading Small Business

Equity crowdfunding platform Crowdcube announced on Tuesday it has formed a partnership with Small Business UK to launch Small Business Grants, which is described as a free-to-enter initiative that offers £5,000 every month to a leading small business. The funding portal noted that the grant does not… Read More

“For New York”: Online Lender Bond Street Forays into Online Publishing, Spotlights Small Businesses

Small businesses play a large part in the city.  Today marked the launch of For New York, a new online magazine from online lender Bond Street to spotlight the importance of these small businesses by interviewing their founders and owners.  Founded in New York City in 2014, Bond Street has… Read More

Biz2Credit’s December Lending Index: Small Business Loan Approval Rates End Year on High Note

On Tuesday, Biz2Credit revealed that according to its December 2015 small business lending index, approval rates at institutional lenders and big banks improved to a new post-recession highs. The small business financial technology platform revealed as the U.S. economy has steadily improved, big banks and institutional… Read More

Kauffman Foundation Report: Small Businesses In US On The Rise, Reversing Six-Year Downward Trend

Reversing a six-year downward trend, activity in established small businesses increased last year, according to a press release for the 2015 Kauffman Index: Main Street Entrepreneurship, a new report that tracks small business activity and ownership in the United States. Though the number of established small… Read More

Fundera Releases New Report on the State of Online Small Business Lending

Fundera, an online marketplace for small business loans, announced on Monday the release of its new report on the State of Online Small Business Lending. The platform believes that this new document shows its dedication to transparency in the alternative lending sector. The report was… Read More

Brief: Biz2Credit’s October Small Business Lending Index Reports Highest Spike in Big Bank Lending Since the Great Recession

Biz2Credit, an online platform for small business funding, released its October small business lending index that showed the highest spike in big bank lending since the Great Recession. The company shared the monthly analysis of 1,000 loan applications revealed continued growth for institutional lenders and big banks,… Read More

Small Business Loan Platform Lendix Appoints Former AXA Banque Executive & eBay Europe Director of Strategy to Team

Lendix, a France-based small business loans platform, is gearing up for its international expansion by appointing new members to its growing team. Former Head of Daily Banking and Savings at online bank AXA Banque Pascal Ouvrard joins the company as International Development Director, reporting to… Read More

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