Fears of an Amazon “invasion” in financial services have reached a fever pitch—but do Amazon and other big tech companies really have that much of an advantage coming into the banking market?
Now in its third biennial run, the Survey of Rural Challenges asks for input from rural folks on two key questions: community challenges and business challenges.
Source: The Daily Yonder
South Bend, Indiana mayor and presidential hopeful Pete Buttigieg announced a policy on Sunday aimed at helping minorities start businesses.
SBIC-backed microlenders provide tiny loans of less than $1,000, and up to $1 million or more at times. With such a wide range of intermediaries, the SBIC makes credit available to even the smallest of businesses.
Source: Albuquerque Journal
The Atlanta-based startup has secured an additional $200 million in the form of a revolving credit facility from an unnamed subsidiary of a large life insurance company.