Industry News – December 4, 2018

Industry News – December 4, 2018
December 3, 2018

The Census Business Coalition to Host Informational Webinar on the 2020 Census
With the 2020 Census rapidly approaching, learn why a successful Census is critical for our democracy, our economy, communities, and businesses.
Source: Census Business Coalition

Patriot Bank Expanding Small Business Lending
Having become an approved Small Business Administration lender at the end of 2017, Patriot Bank is increasing its small business operations by opening SBA Business Development offices in the southeast U.S.
Source: Westfair Business Publications

Unlocking Endowments: Foundations Are Stepping Up Impact Investing
Ten years after the Rockefeller Foundation coined the term “impact investing,” it has become a $250 billion market. Today, foundations are looking to use their endowments to achieve social goals.
Source: Wharton School of Business

Women-Owned Small Businesses Facing Growth Challenges Despite Overall Small Business Optimism Heading into the Fourth Quarter
When asked if the current business financing environment is affecting their business’ health, 57% of women-owned small businesses affirmed it’s hindering their growth.
Source: Dun & Bradstreet

A Shakeout is Coming in Small Business Lending
Technology companies like Square, PayPal, and Amazon are piling into small-business lending at a furious pace, making inroads in a market long dominated by banking giants like JPMorgan Chas and Bank of America.
Source: American Banker

Bloomberg: Protect Small Businesses From Predatory Lending
For a market economy to function, people must be free to make contracts. But there ought to be limits, and contracts that deprive small businesses of any semblance of due process lie outside them.
Source: Omaha World Herald