sba - Blog - Global Risk Community2024-03-28T22:55:00Zhttps://globalriskcommunity.com/profiles/blogs/feed/tag/sbaSME Capital Formation: Money to Main Streethttps://globalriskcommunity.com/profiles/blogs/sme-capital-formation-money-to-main-street2014-03-21T01:00:00.000Z2014-03-21T01:00:00.000ZJames McCallumhttps://globalriskcommunity.com/members/JamesMcCallum<div><div class="separator" style="clear:both;text-align:center;"></div><div><div class="separator" style="clear:both;text-align:center;"><a href="http://4.bp.blogspot.com/-kT17zpq_whI/Uy8IPDpcGnI/AAAAAAAAEug/BMwzED78DgU/s1600/capital+formation.jpg" style="clear:left;float:left;margin-bottom:1em;margin-right:1em;"><img border="0" src="http://4.bp.blogspot.com/-kT17zpq_whI/Uy8IPDpcGnI/AAAAAAAAEug/BMwzED78DgU/s1600/capital+formation.jpg" alt="capital+formation.jpg" /></a></div><div style="text-align:justify;"><span style="font-family:Arial, Helvetica, sans-serif;">Dun & Bradstreet has initiated a timely capital formation initiative for small businesses. Access to Capital - Money to Main Street is an event tour that will bring together regional providers of funding for small businesses and start-ups. </span></div></div><div style="text-align:justify;"><span style="font-family:Arial, Helvetica, sans-serif;"> </span></div><div style="text-align:justify;"><span style="font-family:Arial, Helvetica, sans-serif;">Economic recovery is combining with technology to energize innovations in small business funding options. Money to Main Street looks to promote the numerous funding options that are open to small businesses. Crowd-funding, micro-lending, asset financing, leasing, community bank loans, credit unions and traditional venture capital channels are a few of the many options available for small business funding. Each channel offers distinct terms and advantages that match a funding option to the specific situation of a small business. </span></div><div style="text-align:justify;"><span style="font-family:Arial, Helvetica, sans-serif;"> </span></div><div style="text-align:justify;"><span style="font-family:Arial, Helvetica, sans-serif;">The Money to Main Street campaign will bring together the stakeholders and providers of local funding alternatives to make owners aware of options to get capital flowing into the segment. The tour kicks off in Phoenix on the 26th of March. </span></div><div style="text-align:justify;"><span style="font-family:Arial, Helvetica, sans-serif;"> </span></div><div style="text-align:justify;"><span style="font-family:Arial, Helvetica, sans-serif;">Registration, conference sponsors and agenda details are available at this link, <a href="https://www.eventbrite.com/e/access-to-capital-money-to-mainstreet-phoenix-registration-9932441199?access=a2cwebsite">Money to Main Street.</a></span></div><div style="text-align:justify;"><span style="font-family:Arial, Helvetica, sans-serif;"> </span></div><div style="text-align:justify;"><span style="font-family:Arial, Helvetica, sans-serif;">Sum2's clients use Credit|Redi to determine financial health and creditworthiness. Credit|Redi provides users business assessment applications to optimize financial performance and create business plans that are sure to win the confidence of lenders and capital providers. Credit|Redi improves profitability, reduces risk and enhances creditworthiness. </span><br /> <span style="font-family:Arial, Helvetica, sans-serif;"><br /></span> <span style="font-family:Arial, Helvetica, sans-serif;">Sum2 has no commercial affiliation to any of the sponsors of this event.</span></div><div style="text-align:justify;"><span style="font-family:Arial, Helvetica, sans-serif;"> </span></div><div style="text-align:justify;"><span style="font-family:Arial, Helvetica, sans-serif;">Get Credit|Redi on Google Play here. <a href="https://play.google.com/store/apps/details?id=com.wCreditRediMobileOffice">Get Credit|Redi</a></span></div><div><br /><div dir="ltr" style="margin-bottom:0pt;margin-top:0pt;"><div style="line-height:1.15;text-align:justify;"></div><div style="text-align:justify;"><span style="font-family:Arial, Helvetica, sans-serif;"> </span></div><div style="background-color:#FFFFFF;line-height:normal;text-align:justify;"><table cellspacing="0" class="tr-caption-container" style="float:left;margin-right:1em;padding:4px;text-align:justify;"><tbody><tr><td><a href="http://3.bp.blogspot.com/-6tsBYd8aWv0/Uyi-_AnNPPI/AAAAAAAAEsc/L34EUpPmhuc/s1600/credit+readi+100.png" style="color:#6699cc;margin-left:auto;margin-right:auto;text-decoration:none;"><span style="font-family:Arial, Helvetica, sans-serif;"><img border="0" src="http://3.bp.blogspot.com/-6tsBYd8aWv0/Uyi-_AnNPPI/AAAAAAAAEsc/L34EUpPmhuc/s1600/credit+readi+100.png" style="border:none;" alt="credit+readi+100.png" /></span></a></td></tr><tr><td class="tr-caption" style="font-size:12px;"><a href="https://play.google.com/store/apps/details?id=com.wCreditRediMobileOffice&hl=en" style="color:#6699cc;text-decoration:none;"><span style="font-family:Arial, Helvetica, sans-serif;">Get Credit|Redi</span></a></td></tr></tbody></table></div><div style="background-color:#FFFFFF;color:#333333;font-size:14.285714149475098px;line-height:16.25px;"><div style="text-align:justify;"><span style="font-family:Arial, Helvetica, sans-serif;"><span style="font-size:14.285714149475098px;">risk; sme, credit redi, micro lending, private equity, SBA, Money to Main Street, capital formation, crowd funding, alternative financing</span><span style="font-size:14.285714149475098px;">, credit union, commercial loan, D&B, Accion, Phoenix AZ</span></span></div></div><div style="line-height:1.15;text-align:justify;"></div></div><div dir="ltr" style="line-height:1.15;margin-bottom:0pt;margin-top:0pt;"><div style="text-align:justify;"><span style="background-color:#FFFFFF;color:#333333;font-family:Arial;font-size:15px;font-style:normal;font-variant:normal;font-weight:normal;text-decoration:none;vertical-align:baseline;white-space:pre-wrap;"> </span></div></div><div dir="ltr" style="line-height:1.15;margin-bottom:0pt;margin-top:0pt;"><div style="text-align:justify;"><span style="background-color:#FFFFFF;color:#333333;font-family:Arial;font-size:15px;font-style:normal;font-variant:normal;font-weight:normal;text-decoration:none;vertical-align:baseline;white-space:pre-wrap;"> </span></div></div></div></div>SME Credit Channels Openhttps://globalriskcommunity.com/profiles/blogs/sme-credit-channels-open2014-03-20T01:00:00.000Z2014-03-20T01:00:00.000ZJames McCallumhttps://globalriskcommunity.com/members/JamesMcCallum<div><div class="separator" style="clear:both;text-align:center;"><a href="http://4.bp.blogspot.com/-keiNHgpQq08/Uyr3QRF9fCI/AAAAAAAAEuQ/6Gl5tfPL3KU/s1600/small+biz+loan+que.jpg" style="clear:left;float:left;margin-bottom:1em;margin-right:1em;"><img border="0" src="http://4.bp.blogspot.com/-keiNHgpQq08/Uyr3QRF9fCI/AAAAAAAAEuQ/6Gl5tfPL3KU/s1600/small+biz+loan+que.jpg" height="185" width="320" alt="small+biz+loan+que.jpg" /></a></div><div style="text-align:justify;"><span style="font-family:Arial, Helvetica, sans-serif;">Golden Pacific Bank in California has created a new lending subsidiary to provide SBA loans for small mid-size business enterprises (SME). The program called SmartBiz uses an advanced technology platform that allows the bank to reduce the cost of borrowing and extend credit more efficiently to creditworthy SMEs. </span></div><div style="text-align:justify;"><span style="font-family:Arial, Helvetica, sans-serif;"> </span></div><div style="text-align:justify;"><span style="font-family:Arial, Helvetica, sans-serif;">The lending platform was developed by the firm BillFloat. The technology enables SmartBiz to efficiently originate, process and close SBA loans. The cost of processing loan applications and credit decisioning time frames are reduced; positioning the lender to better serve the credit requirements of the banks SME clients. </span></div><div style="text-align:justify;"><span style="font-family:Arial, Helvetica, sans-serif;"> </span></div><div style="text-align:justify;"><span style="font-family:Arial, Helvetica, sans-serif;">SmartBiz is looking to reduce a typical credit decisioning time frame from 90 days to less than a week. The bank believes its technology will be a competitive advantage; enabling the extension of longer term loans, lower rates, lower monthly payments and options currently available to small businesses. </span></div><div style="text-align:justify;"><span style="font-family:Arial, Helvetica, sans-serif;"> </span></div><div style="text-align:justify;"><span style="font-family:Arial, Helvetica, sans-serif;">Golden Pacific is a community bank with $132 million in assets. Deploying Bill Floats lending platform will drive operational efficiency, increase the banks return on capital and generate significant fee income for the bank. </span><br /> <span style="font-family:Arial, Helvetica, sans-serif;"><br /></span> <span style="font-family:Arial, Helvetica, sans-serif;">Sum2's clients use Credit|Redi to determine financial health and creditworthiness. </span><span style="font-family:Arial, Helvetica, sans-serif;">Credit|Redi provides users business assessment applications to optimize financial performance and create business plans that are sure to win the confidence of lenders and capital providers.</span> <span style="font-family:Arial, Helvetica, sans-serif;">Credit|Redi improves profitability, reduces risk and enhances creditworthiness.</span><br /> <span style="font-family:Arial, Helvetica, sans-serif;"><br /></span> <span style="font-family:Arial, Helvetica, sans-serif;">Get Credit|Redi on Google Play here.</span> <a href="https://play.google.com/store/apps/details?id=com.wCreditRediMobileOffice" style="font-family:Arial, Helvetica, sans-serif;">Get Credit|Redi</a></div><div><br /><div dir="ltr" style="margin-bottom:0pt;margin-top:0pt;"><div style="line-height:1.15;text-align:justify;"></div><br /><div style="background-color:#FFFFFF;line-height:normal;text-align:justify;"><table cellspacing="0" class="tr-caption-container" style="float:left;margin-right:1em;padding:4px;text-align:justify;"><tbody><tr><td><a href="http://3.bp.blogspot.com/-6tsBYd8aWv0/Uyi-_AnNPPI/AAAAAAAAEsc/L34EUpPmhuc/s1600/credit+readi+100.png" style="color:#6699cc;margin-left:auto;margin-right:auto;text-decoration:none;"><img border="0" src="http://3.bp.blogspot.com/-6tsBYd8aWv0/Uyi-_AnNPPI/AAAAAAAAEsc/L34EUpPmhuc/s1600/credit+readi+100.png" style="border:none;" alt="credit+readi+100.png" /></a></td></tr><tr><td class="tr-caption" style="font-size:12px;"><a href="https://play.google.com/store/apps/details?id=com.wCreditRediMobileOffice&hl=en" style="color:#6699cc;text-decoration:none;">Get Credit|Redi</a></td></tr></tbody></table></div><div style="background-color:#FFFFFF;color:#333333;font-family:Arial, Tahoma, Helvetica, FreeSans, sans-serif;font-size:14.285714149475098px;line-height:16.25px;"><div style="text-align:justify;"><span style="font-family:Arial, Helvetica, sans-serif;font-size:14.285714149475098px;">risk; sme, credit risk, lending, private equity, financial health, risk assessment, credit repair, business </span><span style="font-family:'Open Sans', sans-serif, tahoma;font-size:14.285714149475098px;">planning and analysis, SBA loan</span></div></div><div style="line-height:1.15;text-align:justify;"></div></div><div dir="ltr" style="line-height:1.15;margin-bottom:0pt;margin-top:0pt;"><div style="text-align:justify;"><span style="background-color:#FFFFFF;color:#333333;font-family:Arial;font-size:15px;font-style:normal;font-variant:normal;font-weight:normal;text-decoration:none;vertical-align:baseline;white-space:pre-wrap;"> </span></div></div><div dir="ltr" style="line-height:1.15;margin-bottom:0pt;margin-top:0pt;"><div style="text-align:justify;"><span style="background-color:#FFFFFF;color:#333333;font-family:Arial;font-size:15px;font-style:normal;font-variant:normal;font-weight:normal;text-decoration:none;vertical-align:baseline;white-space:pre-wrap;"> </span></div></div></div></div>