How Can Artificial Intelligence help Small Businesses Find Better Loans
The Power of Artificial Intelligence: Streamlining Loan Acquisition for Small Businesses A Modern Solution to a Traditional Challenge The journey to secure financing can be daunting for small businesses. However, an innovative solution is on the horizon: Artificial Intelligence (AI). This technology is poised to simplify and...
Enhancing Competitiveness: Strategies for Empowering Small Businesses in Developing Countries
Enhancing Competitiveness: Strategies for Empowering Small Businesses in Developing Countries Introduction: Small businesses in developing countries play a crucial role in driving economic growth, employment opportunities, and poverty reduction. However, they often face significant challenges that hinder their competitiveness and growth potential. In this article, we explore...
Crafting Flexible Work Policies: Attracting Top Talent to Your Small Business
Introduction: The Appeal of Flexibility In the modern workforce, flexibility is more than just a buzzword; it's a major factor that top talent considers when choosing their employer. For small businesses aiming to attract high-quality candidates, crafting effective flexible work policies can be a game-changer. Here's...
The Power of Digital Connectivity: Harnessing Social Media to Boost Small Business Success
The Power of Digital Connectivity: Harnessing Social Media to Boost Small Business Success Social media platforms have emerged as powerful tools for businesses, offering a plethora of opportunities to connect, collaborate, and grow. For small businesses, these platforms can be particularly potent, providing a cost-effective way...
Small Banks’ Loss Is Fintech’s Gain As New Small Businesses Pivot
Small businesses are the backbone of the economy, creating jobs and driving innovation. However, without access to capital, many small businesses struggle to get off the ground or expand. Traditionally, small banks have been the go-to source for small business loans, but in recent years,...
After SVB Collapse Threatened Funding Source for Businesses Investment Lenders Stepped In
In the wake of the shocking collapse of Silicon Valley Bank (SVB), a lifeline for many businesses, an unexpected group came to the fore - investment lenders. The void left by SVB had threatened to cut off vital financial resources for businesses that relied on the...
As small banks shrink investments in communities, alternative lenders are investing locally.
As small banks have been reducing their investments in local communities, alternative lenders have stepped in to fill the gap and support local economic growth. These alternative lenders, which include online lenders, credit unions, Community Development Financial Institutions (CDFIs), and peer-to-peer lending platforms, offer a...
Digitize Your Business Now
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Small Business Quick Loans: Pros and Cons
Small business quick loans can be a great way to get the funding you need to grow your business, but it’s important to understand the pros and cons before you apply....
MyBanker raises $25M to launch crypto program
Ken Dotson, CEO of MyBanker, has announced that the company has raised $25 million from outside investors in order to help crypto currency companies. MyBanker has approximately $1.5 billion in assets under management and has crypto currency representing about 10% of those assets. The firm has...