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Small Business Check-In: Which Sectors Are Recovering Better and Why?

StartupNation

just two months later as businesses slashed headcount, reduced inventory and began reimagining nearly every in-person service through the lens of a remote delivery model. It generally requires a personal guarantee. Equipment finance: Fixed rates in the mid-single digits to mid-teens depending on credit quality.

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Boulevard Launches New Capital Program Designed Specifically for Self-Care Businesses 

American Entrepreneurship

According to a Small Business Credit Survey conducted by the 12 Federal Reserve Banks, Black and Latino-owned firms are less than half as likely as white-owned firms to be approved for financing. Census Bureau, 48 percent of all personal care businesses are minority-owned, compared to just 20 percent in other industries.

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Fintech companies must balance the pursuit of profit against ethical data usage

TechCrunch

Naturally, Big Tech players have recognized the opportunity to foray into financial services and flex their innovation muscles, giving banks and credit unions a strenuous run for their money. Consumers looking to digitize their finances must heed caution before they break up with traditional banks and run into the arms of Big Tech.

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Salesforce Grant Winner Offers 3 Tips for Developing Small Business Resilience

Smart Hustle Magazine

Finally, Sarah realized that parents are looking for personalized service: “We discovered very quickly that the branding of a lot of tutoring companies is, 'We’re going to get you into Harvard!' Guard Your Finances. During our interview, we talked about business finances , especially how “Cash is King.” And guess what?

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Savana raises a fresh round of capital to digitize banks’ services

TechCrunch

Moreover, only 11% of finance executives say their organization has modernized systems to the point where they can easily incorporate new digital technologies, according to Deloitte. Many of Savana’s competitors have experts in finance among their ranks, too. “Today’s consumers prefer digital-only banking. .

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Supporter Profile: Capital Connect

NZ Entrepreneur

Who: Capital Connect What: Working Capital Loans; Asset Finance; Property Finance; Refinancing Solutions NZ HQ: Auckland Who do you work with and what key challenges do you help them solve? Our personal service ensures they are placed with the right lender, on the right terms, to help them grow and thrive. Learn more.

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Vivid Money, a financial super app, raises $114M at an $886M valuation to expand in Europe

TechCrunch

As with a number of other neo-banks, Vivid’s basic free banking is built on top of another provider’s infrastructure — in its case, Solarisbank , one of the big embedded finance players in the region.

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