Industry News – January 22, 2019
January 22, 2019
Peer to Peer Loans: What are They and When can Small Businesses Use Them
Peer-to-peer lending offers several potential benefits to entrepreneurs. However, a few similar concepts like crowdfunding and online lending are also becoming more prevalent. Here’s what you need to know.
Source: Small Business Trends
Small business Skepticism Ticks Up Over These Top 5 Concerns
The fears of a slowing economy that sent stocks falling the past few months may be spreading to small business owners who have been quite optimistic in recent years.
Source: Fox Business
Shutdown Puts Would-be Entrepreneurs’ Plans on Hold
SBA loans are at a grinding halt, and it’s delaying small businesses from opening or existing ones from growing. As job creation slows, local economies are bracing for lingering effects.
Shutdown Hits Small Businesses Hard
Federal contractors aren’t getting orders and aren’t being paid. Companies that need help from the SBA can’t get it. Businesses located near federal offices aren’t getting sales from government workers. Nobody is exempt.
Source: The Columbian