Industry News - November 6, 2018
November 6, 2018
While campaign season has a tendency to bring up anxieties and concerns for the future, small business owners are largely optimistic.
Administrator McMahon and Secretary Wilkie signed a Memorandum of Understanding to scale a new joint pilot program that offers intensive management and leadership training for Veteran entrepreneurs.
Through this relationship, Popular Bank will leverage Biz2Credit’s patented analytics and technology platforms to process small business loan requests.
Traditional metrics aren’t the best predictors of whether a small business can repay a loan. Enter machine learning, which has the potential to transform financial institutions from the inside out.
Grant awards ranging from $1,300 to $20,000 were made to credit unions in 42 states and the District of Columbia.
Large banks are struggling to overcome the challenges of small business lending, and it often comes down to data.
October 22, 2018
Treasury Releases Proposed Regulations on Opportunity Zones Designed to Incentivize Investment in American Communities
The IRS's proposed regulations clarify that any person that recognizes capital gain for U.S. federal income tax purposes is eligible to defer all or a portion of such gain by investing in an Opportunity Fund.
October 17, 2018
AEO Announces Hyacinth Vassell As Vice President of Innovation Engineering
AEO, a national nonprofit organization dedicated to the development of a robust marketplace for underserved microbusinesses, is proud to announce Hyacinth Vassell as Vice President of Innovation Engineering.