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SBA Promotes Credit Union SMB Lending

When it comes to small business (SMB) lending, the top two contenders for business owners are banks and alternative financiers or online marketplaces. The U.S. government wants to change that.

Source: PYMNTS.com


 

A New Online Shopping Site Gets Diversity Right

Dough is a new, venture-backed, online e-commerce site and subscription service that can help anyone quickly find and buy a wide variety of consumer goods—all from women-owned businesses.

Source: Fortune


 

What Veterans Can Do to Pursue Entrepreneurship

The transition from combat to business owner isn’t always easy – luckily hundreds of organizations and groups are eager to assist veterans and help them succeed.

Source: Inc.


 

Alternative Lenders Continue to Make Inroads Into Banking Market Shares

Can the industry continue to play ‘catch up’ or completely sit out as more agile digital solutions convert traditional bank customers?

Source: The Financial Brand


 

Bill to Increase CDFI Fund Passes House Subcommittee

The bill would fund the Treasury’s Community Development Financial Institutions (CDFI) Fund at $300 million for FY2020, a $50 million increase from last year.

Source: Credit Union National Association