According to an estimate from the L.A. County Economic Development Corporation, around 1,900 small businesses were within the fire burn zones and were probably affected. In response to the recent Los Angeles wildfires, there are several resources available to help small businesses get loans and financial assistance for rebuilding: 1. LA Region Small Business Relief
Olivia Chen NerdWallet Whether you have done it before or you’re new to the process, applying for a small-business loan can be frustrating and difficult to navigate. In the Federal Reserve’s 2023 Small-Business Credit Survey, over half of business owners who reported feeling discouraged from applying for funding cited lender requirements as the reason. With
Docyt has added an “AI bookkeeper” called GARY to its digital back-office solutions for small and medium-sized businesses (SMBs). GARY is built on the Docyt AI software-as-a-service (SaaS) financial management platform that integrates expense management, revenue accounting, industry vertical reporting and financial reporting of key performance indicators (KPIs), the company said in a Tuesday (July
Gene Marks With interest rates and the cost of borrowing so high, many small businesses are finding it harder to get financing as banks pay greater scrutiny toward their ability to service their loans. Because of that many of these companies — including many of my own clients — have been turning to the Small
Sign up for our Bronx Times email newsletter to get news, updates, and local insights delivered straight to your inbox! The Bronx Economic Development Corporation (BXEDC) serves the Bronx community by providing loans to its small businesses. The most important thing for small businesses to have right now is access to capital — but unfortunately,
Just one month remains for business owners and residents affected by extreme weather incidents in April to apply for disaster assistance loans with the United States Small Business Administration. Just one month remains for business owners and residents affected by extreme weather incidents in April to apply for disaster assistance loans with the United States
MINNEAPOLIS — An award-winning youth run business is celebrating Pride month by selling its vegetable- based desserts to support LGBTQ youth in their community. They set up at Mill City Farmer’s Market where they were using their products to make a difference. “These are vegan options, and these are gluten free,” said Ariana. “Those are out
Small business banking platform Rapid Finance has introduced updates to its fraud detection platform Lynx. The platform now has a cloud-based rules engine that lets the company’s enterprise customers create customized risk management rules and outcomes, letting them make informed lending decisions tailored to specific criteria for small- to medium-sized businesses (SMBs). “The cloud-based rules
The money will support early-stage businesses, with a focus on entrepreneurs who lack access to traditional financing. New York City Mayor Eric Adams and New York City Department of Small Business Services (SBS) Commissioner Kevin D. Kim announced the administration’s $10 million investment to seed the city’s next major small business loan fund. The NYC Future Fund will accelerate the