Partnership Streamlines Small Business Loan Application Process for Popular Bank customers NEW YORK, Oct. 30, 2018 (GLOBE NEWSWIRE) -- Popular Bank, one of the nation’s premier banks and the principal U.S. mainland operating subsidiary of Popular, Inc., announced today its partnership with FinTech leader Biz2Credit Inc. to expand the bank's digital presence and streamline its small business loan application process. Through this relationship, Popular Bank will leverage Biz2Credit’s patented analytics and technology platforms to process small business loan requests – between $25,000 to $1,000,000 for Commercial Term Loans and Lines of Credit, and $100,000 to $1,500,000 for Commercial Real Estate Secured Loans. Loan applicants will enter information through a new online small business portal on PopularBank.com. This technology will enable Popular Bank to provide its small business customers greater and easier access to financing. Using the new online lending … [Read more...] about Popular Bank Announces Partnership to Expand Small Business Financing Solutions with Fintech Provider Biz2Credit
Small business line of credit
When you can shop local small businesses and get great Black Friday deals, everyone wins, so we rounded up some great offers at NYC businesses. Loosie’s Kitchen Possibly the best and definitely the tastiest Black Friday deal is at South Williamsburg’s Loosie’s Kitchen and Café, where you can snag a year’s subscription to fried chicken OR unlimited beer for $249. That’s a plate of fried chicken wings served with spicy mustard, hot sauce and fermented pickles every single day (which would add up to $7,300), or totally unlimited 1664 Blanc wheat beer anytime. The special is limited to 69 memberships each, and you’ll have to email [email protected] and answer a questionnaire. The staff will then select those with the most creative answers to live the best year of their foodie lives. DanceBody Katia Pryce started DanceBody as a roving tribe of dance cardio-meets-toning classes and turned it into a mini-empire with two studios in … [Read more...] about Where to find great Black Friday deals at NYC small businesses
WASHINGTON, DC – Sen. Sherrod Brown of Ohio wants to close a legal loophole that has allowed predatory lenders to seize small business assets without going to court.Brown, the top Democrat on the Senate Banking Committee, introduced a bill last week with Florida Republican Sen. Marco Rubio that would ban lenders from including a “confession of judgement” in loan contracts to small businesses, just as they’re banned in consumer loan contractsThe legal language lets lenders seize the assets of defaulting borrowers without warning and without taking them to court. A recent investigation by Bloomberg Business Week found lenders have used the expedited procedure to financially ruin tens of thousands of small businesses, including some who didn’t default on their loans.The story described how firms peddling “merchant cash advances” pitched high interest short-term loans to cash strapped small businesses during the recession and began freezing … [Read more...] about Sen. Sherrod Brown teams with Sen. Marco Rubio on bill they say would end abusive small business lending practice
deBanked has selected its two favorite small business forums of 2018 BROOKLYN, NY, UNITED STATES, January 1, 2019 /EINPresswire.com/ -- deBanked has selected its two favorite small business forums of 2018. The Small Business Forum (http://www.small-business-forum.net) was the leading destination for storefront businesses. The Business Advice Forum (http://www.businessadviceforum.com/) was the leading destination for online businesses. Each small business forum provides free access to a helpful community. According to the Small Business Administration, there are 30.2 million small businesses in the US. These businesses employ 58.9 million people. Active online forums like the ones we have selected provide the opportunity to connect with likeminded business owners. All that is required for registration is an email address, but anyone can browse the questions previously asked and answered. Marketing, management, franchising, accounting, financing, legal, HR, and website design are among … [Read more...] about Top Small Business Help Forums Named by deBanked
If you can say one thing about the Pioneer Valley, it’s that we love local. We champion and support small business, artists, makers, musicians, farmers, organic food, craft beer and pretty much artisanal anything. My recent expedition to INSA — the adult recreational use dispensary in Easthampton where I stuck my toes into the world of modern cannabis — sparked my curiosity and got me thinking about local in a different light. Technically, all legal cannabis is local — cultivated, processed, and sold in Massachusetts — because importing product from one cannabis-friendly state to another is a big federal no-no. But with very few exceptions, the Commonwealth’s cannabis industry currently consists mainly of big players with very deep pockets and a hefty head start on small business owners (more on that in a minute). That includes multi-state operations like Surterra Wellness, which recently bought Northampton’s NETA, and GTI, owner of … [Read more...] about Can Small Business Survive in the World of Big Cannabis?