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News Stories (31 Results) - Small Business

The small business half of the economy continued its remarkable economic streak, posting a 0.6 point gain in October’s Optimism Index. The 102.4 reading was buoyed by eight of the 10 Index components advancing, as talk of a recession waned in October... Read Story
November 25, 2019, 07:00 AM


A record percentage of small business owners reported having difficulties finding qualified workers in August, according to NFIB’s monthly jobs report.Twenty-seven percent ranked finding qualified workers as their No. 1 business problem, the report... Read Story
September 09, 2019, 07:00 AM


CIT Group Inc. announced Ken Martin has joined the company as Managing Director of the Small Business Solutions unit, which is part of its Business Capital division. Martin will lead the strategy and operation of the digital small business financing... Read Story
August 06, 2019, 07:30 AM


A new survey of more than 1,200 small business owners by OnDeck finds 37 percent of those surveyed expect the tax changes in the Federal Tax Cuts and Job Act to have a positive impact on their businesses. Forty-one percent of small businesses expect... Read Story
April 09, 2019, 07:00 AM


Pitney Bowes Inc., a global technology company that provides commerce solutions in the areas of ecommerce, shipping, mailing, finance and data, announced the addition of two executives to the Pitney Bowes Financial Services leadership team.Lee... Read Story
March 15, 2019, 07:25 AM


The Bancorp, Inc. announced Ashley Olejnik has joined the Small Business Lending team as Vice President, SBA Business Development Officer. She supports small business owners regionally and nationally across a range of industries by providing Small... Read Story
January 30, 2019, 07:02 AM


Moody’s Analytics announced CapX Partners, a Chicago-based equipment finance provider, has selected the Moody’s Analytics RiskCalc Small Business solution to streamline and simplify access to capital for small and medium-sized middle-market... Read Story
January 25, 2019, 07:15 AM


Balboa Capital announced the results of its Q1 2019 small business owner survey, which was conducted to gauge economic confidence and gain a better understanding of capital investment and hiring plans for the next 12 months. The responses of the... Read Story
January 16, 2019, 07:25 AM


CAN Capital Inc., a technology-driven small business specialty finance company, announced the appointment of Edward J. Siciliano as Chief Executive Officer. Siciliano brings over 30 years of experience in commercial financing, sales, marketing and... Read Story
January 09, 2019, 07:30 AM


Congressman Tom Marino along with Representatives Doug Collins (R-GA), and David Cicilline (D-RI) introduced, H.R. 7190, the Small Business Reorganization Act (SBRA).  Senate Judiciary Chairman Chuck Grassley (R-IA) and Senator Sheldon Whitehouse... Read Story
December 07, 2018, 07:05 AM


Optimism among small business owners jumped significantly in the latest quarterly Wells Fargo/Gallup Small Business Index, with an overall Index score of 129. That is 11 points higher than last quarter’s score of 118 and the highest in the survey’s... Read Story
December 05, 2018, 07:12 AM


While the country enjoys unprecedented levels of small business optimism, access to credit will either boost or curtail economic growth within this high-impact sector, according to a new study. Gimme Credit: Faster, Simpler, Safer Credit for Main... Read Story
November 27, 2018, 07:15 AM


Bankers Healthcare Group, a leading provider of financial solutions for healthcare professionals, expanded into small business lending with a new license to offer loans from the U.S. Small Business Administration through BHG's wholly owned subsidiary... Read Story
November 26, 2018, 07:15 AM


Wells Fargo & Company announced Lisa Stevens, Regional Banking executive for the Western Region, has decided to leave Wells Fargo after a 29-year career. Stevens will depart in late October.Stevens began her career with Wells Fargo in 1989. She... Read Story
October 02, 2018, 07:15 AM


The Q3 MetLife & U.S. Chamber of Commerce Small Business Index indicates the majority (69.7 percent) of small business owners have a positive outlook about their company and the small business environment in the United States.Their optimism continues... Read Story
August 30, 2018, 07:00 AM


The Small Business Optimism Index marked its second-highest level in the survey’s 45-year history at 107.9, rising to within 0.1 point of the July 1983 record-high of 108. The July 2018 report also set new records in terms of owners reporting job... Read Story
August 27, 2018, 07:00 AM


The latest Quarterly Credit Outlook from PayNet shows Main Street closing Q2 2018 with modest growth and strong financials. The Thomson Reuters / PayNet Small Business Lending Index (SBLI) seasonally adjusted originations decreased 8 percent from 155... Read Story
August 15, 2018, 07:20 AM


The tight labor market continues to be the biggest problem facing small businesses, with 37 percent of owners reporting job openings they could not fill in the current period, a new survey high. Up one point from June, 13 percent of owners reported... Read Story
August 06, 2018, 07:10 AM


Maxim Commercial Capital announced it provided hard-asset secured financing to 293 small and mid-size businesses (SMBs) during the second quarter. Second-quarter transactions included: the seventh financing in five years for a tow truck... Read Story
July 20, 2018, 07:05 AM


Moody’s Analytics launched a new scoring solution for evaluating the creditworthiness of small businesses. The RiskCalc Small Business solution leverages the award-winning RiskCalc application, a comprehensive tool for determining the credit risk of... Read Story
June 29, 2018, 07:00 AM


KeyBank announced the acquisition of a digital lending platform for small businesses created by Bolstr. The fintech software, expected to be implemented in 2018, will enable KeyBank to provide faster and easier access both to SBA loans and to... Read Story
June 21, 2018, 07:25 AM


Balboa Capital announced the results of its latest survey that was conducted to gauge how small business owners utilize technology. Among the survey’s key findings: 7 in 10 small business owners say their companies became more dependent on various... Read Story
June 20, 2018, 07:15 AM


Fora Financial announced it has acquired a significant stake in US Business Funding (USBF). The combination will create one of the largest, broadest reaching direct sales organizations in the small business alternative lending space, while deepening... Read Story
June 06, 2018, 07:23 AM


The latest Quarterly Credit Outlook from PayNet shows Main Street closing the first quarter of 2018 with a healthy increase in investment and relatively moderate risk. As a result, the business cycle looks healthy from a risk-reward standpoint, and... Read Story
May 17, 2018, 07:15 AM


CIT Direct Capital, the national online small business lending unit of CIT Group, announced the results of its new survey conducted by The Harris Poll revealing nearly three out of four small businesses in the U.S. plan to expand their product and... Read Story
May 01, 2018, 07:15 AM


StarWind Software and Marlin Equipment Finance joined efforts to break down the CAPEX barrier that small and midsized businesses (SMB) and remote office, branch office (ROBO) companies often encounter on their way to virtualization.  Customers in the... Read Story
April 12, 2018, 07:25 AM


Small business lending improved again in February, according to the latest Strategic Insights Report from PayNet. The Thomson Reuters / PayNet Small Business Lending Index (SBLI) rose to 144.8 in February, its second-highest reading in history and... Read Story
April 05, 2018, 07:15 AM


Small business lending expanded robustly in January, according to the latest Strategic Insights Report from PayNet. The Thomson Reuters / PayNet Small Business Lending Index (SBLI) increased to 143.6 in January, nearing the all-time high reached in... Read Story
March 07, 2018, 07:14 AM


Start-up firms that take out loans in the name of the business in the initial year of operation, as opposed to personal debt obtained in the name of the firm's owner, are significantly more likely to survive and achieve higher levels of revenue... Read Story
March 02, 2018, 07:10 AM


U.S. Bank ended the 2016 Small Business Administration (SBA) fiscal year on Sept. 30 with $838 million in SBA loan volume, an increase of 7.9 percent compared to fiscal 2015. The fifth-largest bank in the country, U.S. Bank maintained its rank as the... Read Story
October 07, 2016, 07:01 AM


The National Directory of Registered Tax Return Preparers & Professionals (PTIN) has selected fintech company Bizfi to provide its tax professionals, accountants, CPAs and their small business clients with access to funding through its aggregation... Read Story
July 21, 2016, 07:05 AM