Tagged: small business

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

Brief: Marketplace Platform Quote 2 Fund Hires Bank of Internet’s Mike Berengolts to Lead Programming & Development

With less than a month away from its official launch at Money 20/20, marketplace platform for small business financing, Quote 2 Fund, announced on Tuesday Bank of the Internet co-founder, Mike Berengolts, will take the lead in programming and development for the San Diego-based small business… Read More

Fundera Raises $11.5M During Series B Funding Round to Continue to Bring Transparency and Fairness to Small Business Lending

Fundera, the online credit marketplace for small businesses, today announced an $11.5 million Series B funding round led by Susquehanna Growth Equity with participation from previous investors including QED Investors, Khosla Ventures and First Round Capital, bringing the company’s total funding to date to $15… Read More

Biz2Credit’s July Small Business Lending Index Reveals Institutional Investors Dominating Market

Small business loan approval rates through institutional investors and alternative lenders remained higher than any other category in July 2015, according to the Biz2Credit Small Business Lending Index, the monthly analysis of 1,000 loan applications on Biz2Credit.com. Both categories approved approximately 61% of Biz2Credit’s total… Read More

StreetShares Forms Strategic Partnership With The Company Corporation to Support Small Business Owners & Veteran Entrepreneurs

StreetShares, the peer-to-peer lending marketplace for small business loans, today announced a strategic partnership with The Company Corporation that will enable both companies to provide products, services and financing solutions to small business owners, with a special focus on U.S. Military veteran entrepreneurs. As the… Read More

Funding Circle’s Sam Hodges Presents at the House Committee on Small Business​ Hearing

In a Wednesday hearing titled “Bridging the Small Business Capital Gap: Peer-to-Peer Lending,” Funding Circle‘s co-founder and managing director Sam Hodges presented to the House Committee on Small Business​. According to the committee’s website, “The purpose of the hearing was to examine the rise of peer-to-peer lending platforms… Read More

Fundable Acquires LaunchRock (And Their Enormous User Base)

If you happen to have used the Internet in the past year or two, chances are you’ve stumbled upon a page created and hosted by LaunchRock. It’s a service that allowed anyone with an idea to quickly and easily set up a landing page and… Read More

A Michigan Perspective: Crowdfunding is Essential to Growing Business, Communities

Photo courtesy Wikimedia Commons

What would happen if we could invest in businesses in our own communities? What would happen if that entrepreneur you know could raise the capital needed to start a business from friends and neighbors and investors who are intimately familiar with the project? Michigan citizens… Read More

House Committee on Small Business Holds Hearing on JOBS Act Implementation, Delays

Today the US House of Representatives Committee on Small Business held a meeting today in an effort to provide an update on the implementation of the JOBS Act. Two panels were invited to testify on the record. The first panel included Lona Nallengara and John Ramsay of… Read More

Takeaways from the SEC Forum on Small Business Capital Formation

The 2012 Forum on Small Business Capital Formation is in the books. Industry leaders met with representatives from the SEC in an effort to build consensus on regulatory recommendations for crowdfunding’s implementation in the US. Although the movement has come a long way, there is… Read More

SEC Forum Considers Obstacles To Small Business Capital Formation

The Securities and Exchange Commission is sending fresh signals that it intends to modify rules governing small private and public companies to give them greater access to capital, but the agency faces a wide range of views on how to balance this against its mandate to… Read More

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