Industry News – February 6, 2019
February 6, 2019
Newark-Based Fintech Startup Credibility Capital is Disrupting Small Business Lending
Credibility has developed a platform that matches high-quality businesses with high-quality loan options that offer lower-APR loans.
Forgiving Student Loan Debt and May Supercharge Entrepreneurship and the Economy
A particularly dangerous anti-growth effect of record student debt is its depressive impact on entrepreneurship. According to a 2016 SBA report, millennials are the least entrepreneurial generation in recent history.
Source: The Hill
5 Small Business Grants for Black Women Entrepreneurs in 2019
One of the significant obstacles women-owned businesses face is unequal access to funding. One alternative is seeking small business grants to provide the capital needed to start or grow a business.
Source: Black Enterprise
SBA Loans Got Hit During Government Shutdown, But Lenders Rally
Local lenders offer guidance and workarounds to new and existing borrowers in a time of uncertainty.
Source: Upstate Business Journal
The Shutdown Has Ended, Yet Some Small Businesses Still Struggle To Move Forward
The partial government shutdown has come to an end. Yet for small-business owners who are waiting on loans, the clock is still ticking.