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Showing posts from May, 2020

Millennium Bank makes big impact with over 400 PPP loans to small businesses - Chicago Daily Herald

Millennium Bank makes big impact with over 400 PPP loans to small businesses    Chicago Daily Herald

UK banks warn 40%-50% of ‘bounce back’ borrowers will default - Financial Times

UK banks warn 40%-50% of ‘bounce back’ borrowers will default    Financial Times

State Launches Grant Fund To Help Small Businesses That Didn't Secure PPP Money - Indiana Public Media

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Indiana Public Media News { "banners": { "tv" : [ {"url" : "https://ift.tt/2XLMZhj", "img" : "https://ift.tt/3gG7O6s", "startingDate" : "1590746400000", "endingDate" : "1590811140000"} , {"url" : "https://ift.tt/2XLMZhj", "img" : "https://ift.tt/3dklZMu", "startingDate" : "1590811200000", "endingDate" : "1590897540000"} , {"url" : "https://ift.tt/2XLMZhj", "img" : "https://ift.tt/3gG7O6s", "startingDate" : "1590897600000", "endingDate" : "1591070340000"} , {"url" : "https://ift.tt/2XLMZhj", "img" : "https://ift.tt/3ewjY03", "startingDate" : "1591070400000", "endingDate" : "1591156740000"} , {"url" : "https://ift.tt/2XLMZhj", &qu

Is Congress Finally About To Fix PPP’s Many Problems? - pymnts.com

Is Congress Finally About To Fix PPP’s Many Problems?    pymnts.com

Few takers expected for the Fed's new $600 billion business loan program - Minneapolis Star Tribune

Few takers expected for the Fed's new $600 billion business loan program    Minneapolis Star Tribune

albo Launches New Business Banking Service albo empresas - pymnts.com

albo Launches New Business Banking Service albo empresas    pymnts.com

Antitrust Regulator OKs Uber Buy Of Chilean Online Grocer Cornershop - pymnts.com

Antitrust Regulator OKs Uber Buy Of Chilean Online Grocer Cornershop    pymnts.com

Guest view: Independent banks ready to help - Billings Gazette

Guest view: Independent banks ready to help    Billings Gazette

UK banks warn 40%-50% of ‘bounce back’ borrowers will default - Financial Times

UK banks warn 40%-50% of ‘bounce back’ borrowers will default    Financial Times

Coronavirus: Life on the front lines of the federal small business loan program - The Columbus Dispatch

Coronavirus: Life on the front lines of the federal small business loan program    The Columbus Dispatch

M&T Bank Corporation - Consensus Indicates Potential 13.8% Upside - DirectorsTalk Interviews

M&T Bank Corporation - Consensus Indicates Potential 13.8% Upside    DirectorsTalk Interviews

Small Business Ideas: Village Youth can Start These 3 Businesses with Less Investment to Earn Huge Profit amid Lockdown - Krishi Jagran

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Small Business Ideas: Village Youth can Start These 3 Businesses with Less Investment to Earn Huge Profit amid Lockdown - Krishi Jagran Small Business Ideas: Village Youth can Start These 3 Businesses with Less Investment to Earn Huge Profit amid Lockdown - Krishi Jagran Posted: 31 May 2020 07:02 AM PDT While the whole nation is gripping under Covid-19 crisis, it's becoming really tough to sustain jobs, business, and moreover raises a question on people's livelihood. Moreover, the situation is more horrific in the village level where farmers and poor are striving for income sources and food. Along with Corona lockdown, farmers have to fight against severe locust attack, heavy rain and cyclone side by side which bound us to think about the second source of income. These small business ideas are the need of the hour which can give a huge profit to the farmers with less investment. Moreover, you can take the help of Mudra Loan Scheme if

Amex is implementing stricter limits on how many of its cards you can have - The Points Guy

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Amex is implementing stricter limits on how many of its cards you can have - The Points Guy Amex is implementing stricter limits on how many of its cards you can have - The Points Guy Posted: 19 May 2020 05:05 PM PDT Amex limiting credit cards and charge cards - The Points Guy Advertiser Disclosure Many of the credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does not include all credit card companies or all available credit card offers. Please view our advertising policy page for more information. Editorial Note: Opinions expressed here are the author's alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these e

Community banks are open for business | Columns | gjsentinel.com - The Grand Junction Daily Sentinel

Community banks are open for business | Columns | gjsentinel.com    The Grand Junction Daily Sentinel

Wells Fargo Corporate Risk Announces Enhanced Organizational Structure and New Leaders - Business Wire

Wells Fargo Corporate Risk Announces Enhanced Organizational Structure and New Leaders    Business Wire

Chandler, Dobrinick promoted at Murphy-Wall State Bank - The Southern

Chandler, Dobrinick promoted at Murphy-Wall State Bank    The Southern

Aberdeen approves $200000 in small business grants - The Daily World

The City of Aberdeen will provide $200,000 in grants to small businesses affected by COVID-19-related restrictions. “Recently, the city was awarded $506,400 from the federal CARES Act for revenue the city lost due to the COVID-19 pandemic crisis,” Community Development Director Lisa Scott told the City Council Wednesday. “One of the eligible activities with this money is to establish grants or loans to help small businesses recover from the pandemic.” The city determined it would not need that entire amount to cover its expenses related to the pandemic, freeing up the $200,000 in small business grants. Depending on city expenses around the pandemic in the future, a second round of funding could be done with remaining CARES Act money. “When the city learned of this money coming into the city the first thing we started to discuss was how to help our small businesses, which we knew were suffering,” said Mayor Pete Schave. “So this is not a big thing, but a positive thing, and if it wi

Few takers expected for the Fed's new $600 billion business loan program - Minneapolis Star Tribune

Few takers expected for the Fed's new $600 billion business loan program    Minneapolis Star Tribune

Tips for Making the Most of a Tight Budget for Your Small Business - Small Business Trends

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Tips for Making the Most of a Tight Budget for Your Small Business - Small Business Trends Tips for Making the Most of a Tight Budget for Your Small Business - Small Business Trends Posted: 30 May 2020 10:05 AM PDT Small businesses don't often have a ton of extra cash lying around. If you're looking to get a new business off the ground or market an existing venture, you may need to find creative ways to do so on a budget. Here, find tips from members of the online small business community for starting and growing a business without spending a ton of money. Try the New Small Business Trends Business Loan Calculator Getting a business started often requires the need for a small business loan. You may need it for a company vehicle or a new computer or a building repair or upgrade. But how big of a loan will you need and how long will you need to pay it off? Small Business Trends just introduced a new Business Loan Calculator which

3 Reasons to Invest in Fractional Shares - Greensboro News & Record

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If you're an investor or you hope to become one, you need to know about fractional shares. Fractional shares are partial shares of a company's stock: Instead of owning one or more full shares of the stock, you own a fraction of one. In the past, investors generally would end up with fractional shares only after a stock split since brokers only allowed the purchase of full shares. But that's changing now as big-name brokers make it possible to purchase fractional shares directly. Thanks to this shift, you can specify how much money you want to invest in a particular company (rather than how many shares you want to buy) and buy a small portion of a share if your cash investment isn't enough for a full one. Fractional shares have big benefits for investors, and there are three key reasons you should seriously think about adding them as an investment option. Image source: Getty Images. 1. You start investing with very little money Traditionally, investing i

Why some new businesses are springing up during COVID-19 - Financial Post

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Why some new businesses are springing up during COVID-19 - Financial Post Why some new businesses are springing up during COVID-19 - Financial Post Posted: 05 May 2020 12:00 AM PDT This article was created by StackCommerce in partnership with Content Works, Postmedia's commercial content division. While Postmedia may collect a commission on sales through the links on this page, we are not being paid by the brands mentioned. As people embrace social distancing, brick-and-mortar stores are seeing less foot traffic, which is leading to an increase in online shopping. This eCommerce trend is most significant for companies involved in online sales of groceries such as food and beverage, shelf-stable goods, and health and safety products, according to Rakuten Intelligence . This is all to say that despite the changes being brought on by the current pandemic, there are still opportunities for enterprising businesses to thrive. If you want

Dime Promotes Stuart H. Lubow to President - GlobeNewswire

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BROOKLYN, N.Y., May 28, 2020 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime” or “its”), the parent company of Dime Community Bank (the “Bank”), today announced that its Board of Directors approved the promotion of Stuart “Stu” H. Lubow to President of the Company and the Bank. In his new role, Mr. Lubow, previously Chief Banking Officer with responsibility for the Business Banking division, will add reporting responsibilities for Retail Banking, Information Technology, Operations, and Marketing. Mr. Kenneth J. Mahon, CEO of the Company and Bank, stated, "Stu's promotion to President recognizes his outstanding leadership, customer-centric focus, enterprise-wide vision, and our Business Banking division’s strong performance to-date. In a short span of time, under Stu’s leadership, Dime has made significant strides to become a well-respected community commercial bank. The Business Banking division’s strong loan and deposit growth has e

Faribault Downtown Micro Grant program announced | Business - Southernminn.com

Faribault Downtown Micro Grant program announced | Business    Southernminn.com

Your Business Credit Score, Explained - Small Business Trends

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Your Business Credit Score, Explained - Small Business Trends Your Business Credit Score, Explained - Small Business Trends Posted: 29 May 2020 05:35 AM PDT Most people know they have personal credit scores. But not all entrepreneurs are aware that they may have a separate business credit score as well. Much like the individual credit scores that most people are aware of, business credit scores are numbers that are meant to evaluate the financial standing of a business and their ability to repay loans. A business credit score can impact a wide array of financial decisions for a business. So understanding what goes into calculating this number and how to track or improve your business credit score can be a major benefit. Business vs Personal Credit Scores Business and personal credit scores are similar in concept. Both are designed to show credit worthiness and evaluate potential risks for lenders or other financial partners. And both b

Big Lenders Process Half-Million PPP Loan Applications Totaling $45.8B - pymnts.com

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Big Lenders Process Half-Million PPP Loan Applications Totaling $45.8B - pymnts.com Big Lenders Process Half-Million PPP Loan Applications Totaling $45.8B - pymnts.com Posted: 01 May 2020 03:56 AM PDT JPMorgan Chase and Bank of America said they processed almost 500,000 applications totaling roughly $46 billion as part of the Paycheck Protection Program intended to help small businesses struggling to due to the pandemic, according to a report in Fox Business on Thursday (April 30). Less than 30,000 loan applications from both banks combined have been approved by the Small Business Administration (SBA). The government shut big lenders out of the program on Wednesday (April 29) so more community banks could participate. The decision by the SBA only to accept applications from banks with less than $1 billion in assets from 4 p.m. to midnight on Wednesday frustrated several big banks who said th