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BIZLENDER BLOG


MAY
08
0

The environment is ripe for small business growth, with lower interest rates, better access to technology, wider opportunities for funding, and general consumer appreciation for and commitment to frequenting small business. How do you expect to grow, and what will impact your bottom line? A recent survey of small business owners conducted by SurveyMonkey on behalf of Headway Capital questioned 467 individuals who owned businesses earning between $200,000 and $4 million in annual revenue. In making predictions for the rest of 2015, 57 percent anticipate growth in sales and revenue. Most expected to incur costs directly related to business growth, so while small business owners reported that their overall biggest concerns are increased operation costs and unexpected expenses, those concerns could be seen as a sort of growing pains.
APR
27
0

Anyone with a business interest in online, alternative and marketplace lending swarmed New York City last week for the LendIt USA 2015 conference. The conference is the biggest gathering of every major online lending platform from around the world where financial innovators, investors and industry pioneers learn from market leaders, network and showcase new industry products and services. A long list of speakers ranged from founders, CEOs and directors of the leading online lending and asset management companies, as well as lawyers and members of government. Economist and former U.S. Treasury Secretary Lawrence H. Summers weighed in on the opportunities and social impact of marketplace lending.
APR
23
0

The generation born between 1980 and 1994 are saying "yes" to digital interactions more than any other generation thus far. From alternative banking to lending options and payment options such as PayPal and Venmo, Millenials are twice as likely to choose nontraditional payment companies than people over the age of 50.
APR
22
0

Seven years ago, leaders in the merchant cash advance industry developed NAMAA, the North American National Advance Association. Originally, the organizations goals were to represent merchant cash advance providers, to promote competition and efficiency in the industry, engage in regulatory and legislative advocacy, and provide a forum for members to share educational and professional advancement information, ethical standards and best practices. In seven years, the industry has grown in leaps and bounds, with NAMAA gathering a membership of just under twenty member organizations.


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