Jeff Bezos is already the richest man in the world but his new business could net him another $100 billion according to a stunning analysis. Amazon has already cornered the boring
From Our Partners
- #paytoday Small Business Coalition Formed in Response to Coronavirus April 3, 2020This week a cohort of businesses announced the formation of the #paytoday coalition, a union whose purpose is to promote the swift repayment of any receivables due to small businesses. The group, made up by Fundbox, SmallBizDaily, Womply, among others, was formed in the aftermath of covid-19’s rapid spread across the United States. The coalition […]
- PPP Lender Requirements April 3, 2020Update: The PPP Lender Application is HERE The elusive application to apply for PPP lender-approved status is expected to become available sometime on Friday. In the meantime, the SBA has published the requirements that a financing provider will have to meet to be eligible for approval. Federally insured depository institutions are already approved so these […]
- Fundry Supports Jersey City Small Businesses and Local Police Departments in Response to Crisis April 2, 2020Fundry, a small business finance provider, is helping to feed police officers in Jersey City. A tweet sent out by the City of Jersey City twitter account said that the company is buying meals at local small businesses to provide to police stations every day for the next 2 weeks. Amelia’s Bistro, described as a […]
- Independent Community Bankers Express Doubt PPP Can Be Rolled Out As Is April 2, 2020Update: The interest rate has increased to 1%. The nation’s voice for community banks, the Independent Community Bankers of America, penned a letter to Treasury Secretary Mnuchin and SBA Administrator Carranza yesterday to urge them to make immediate changes to the planned PPP program slated to be rolled out tomorrow. “We strongly recommend that you […]
- StreetShares Posts Another Loss April 2, 2020Sales and Marketing Expenses declined dramatically for StreetShares for the six-month period ending December 31, 2019, according to the company’s latest SEC filing, but the company’s payroll expense still wildly exceeded revenue, putting them yet again into deep net loss territory. StreetShares recorded total operating revenues of $2.43M, payroll expenses of $3.49M, and a net […]