Today in B2B, Neat launches its Visa business card solution in Hong Kong, while PayPal Ventures joins a major funding round for Divvy. Plus, Paycor raises $270 million, Unanet expands its ERP functionality and Opportunity Fund collaborates with credit unions on small business finance. Neat...
Longtime small business microlender Opportunity Fund is teaming up with a trio of credit unions (CUs) as part of the nonprofit’s bid to invest $1 billion in “marginalized businesses” across the country over the next two years. The San Jose-based community development financial institution, or...
The nonprofit Opportunity Fund — which makes loans to small businesses owned by low- and moderate-income immigrants, women and other underserved clientele — started 2020 fairly optimistically. The organization expected to make close to $10 million in loans every month, serving 3,000 to 4,000 small-...
As banks continue to shy away from providing small business loans, many small and medium-sized business (SMB) owners have turned to online lending companies to fill the gap. SMB digital loan applications increased 19 percent year over year, according to The Wall Street Journal. However,...
December 11, 2019
Of late, California’s emissions standards have become a source of some controversy as the state’s ability to set emission standards for cars and trucks that are higher than the standards imposed by the U.S. Environmental Protection Agency has been questioned by the Trump administration. The state was first granted an initial waver on the Clean […]
December 30, 2019
As banks continue to shy away from providing small business loans, many small and medium-sized business (SMB) owners have turned to online lending companies to fill the gap. SMB digital loan applications increased 19 percent year over year, according to The Wall Street Journal. However, many of these companies charge high fees or percentages that […]
April 23, 2019
LendingClub, Opportunity Fund and Funding Circle announced on Tuesday (April 23) a collaboration aimed at providing small businesses with more affordable credit. In a press release, the online lending marketplace...
