Category: Small Business News
Small Business News
Small Business Lending Platform Lendio Raised $55 Million
by Fioney Staff
Considering how imperative working capital is for small businesses, it's no wonder that the market for business loans has expanded in recent years. Of course, with an increase in options comes the need for entrepreneurs to cut through the noise and go straight to their best bets. That's what the lending platform Lendio boasts — and it's set to get a big boost after closing a sizeable funding effort. This... Small Business News
Survey Finds a Surprising Number of Small Businesses Don't Have Their Own Website
by Fioney Staff
When most people think of small businesses, they likely imagine local mom and pop shops along main street that mainly just serve their fellow residents. However, thanks to the internet, even the smallest of small businesses can serve the national or global customer base. Plus, even if you're not selling directly on your website, having a web presence can help new customers discover you or allow current customers to stay... Small Business News
Sales of Small Businesses Dip 5% in 2019
by Fioney Staff
It seems that fewer small businesses changed hands last year than in 2018. According to data from brokers reporting to the business listing site BizBuySell, 9,746 businesses were bought and sold in 2019 compared to 10,312 the year prior. That marks a year over year decrease of 5.5%, snapping a three-year streak of rising numbers. However it's worth remembering that 2018 saw a record number of transactions, leaving 2019 at a still-historic... Small Business News
Amazon and Goldman Sachs Reportedly Partnering for Small Business Loans
by Fioney Staff
For any small business to be successful, it needs one thing: capital. While different types of businesses require varying amounts of upfront investment, there are plenty of cases where entrepreneurs need the assistance of small business loans in order get their operations off the ground or take them to the next level. This is especially true of businesses that utilize online platforms such as Amazon where they'll need to invest... Small Business News
OnDeck Survey Ranks Business Owners' Preferred Presidental Candidates
by Fioney Staff
Last night the lead up to 2020 presidential election officially got underway as the Iowa caucuses saw the first votes being cast for the candidates. However, as of this writing, the results of the evening have yet to be released following some apparent snafus. In the meantime a recent national survey by online lender OnDeck asked small business owners who they preferred in the presidential race. The latest survey (conducted... Small Business News
Survey Shows Small Businesses Expect Strong Economic Growth in 2020
by Fioney Staff
In 2019 we saw small business optimism reach record levels and remain at historic highs. This was not only influenced by economic strength but also by the direct increase in sales many business owners were enjoying. Now a new survey from Balboa Capital suggests that the majority of small businesses are expecting the good times to keep rolling in 2020. First and foremost Balboa's survey revealed once again that 2019... Small Business News
Chase and United Debut New Business Credit Card
by Fioney Staff
Small business owners who travel often or want to save up miles for their next vacation will now have a new credit card option for accruing rewards. Today Chase and United unveiled the United Business Card, which will replace the previous United Explorer Business Card. According to a press release for the new offering, the United Business Card is "designed to help business travelers maximize their miles." As part of...