Insights into the world of small business lending and development

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Monday, April 30, 2018 |

A few years ago, Rachel Bernier-Green was looking for an outlet from the stress of her intense job at a multinational accounting firm and discovered a passion for baking. It didn’t take long before friends and family were encouraging her to sell her baked goods to the masses. Rachel founded ‘Laine’s Bake Shop, LLC in 2013 using a shared kitchen space, working on the side to get her business off the ground. After a few years of baking part-time, Rachel decided to finally quit her job and start a bake shop full-time with her husband Jaryd. 

Thursday, April 26, 2018 | Access to Capital, Business planning and strategy, Financial tools and management

This article originally appeared on Forbes.com

Rohit Arora, Forbes.com Contributor

Monday, April 23, 2018 |

Alfredo Zendejas co-owns Accesorios Zendejas along with his wife, Leticia Sanchez, in Los Angeles, California. A true mom-and-pop enterprise, Alfredo and Leticia work together to design, create and deliver custom decorative pieces for quinceñeras, baptisms, weddings and other special occasions.

Monday, April 23, 2018 | Access to Capital, Business planning and strategy, Financial tools and management, Retirement

April is often associated with spring cleaning and reorganizing, which means you finally made the time go through that overflowing junk drawer or to organize last year’s financial statements for the tax filing deadline. But when it comes to your finances, you can use this time to do more than just file your tax return documents thanks to the resources provided as part of National Financial Literacy Month.

Friday, April 13, 2018 | Access to Capital, Financial tools and management

This article originally appeared on Forbes.com

Rohit Arora, Forbes.com Contributor

Small business loan approval rates at big banks continued the upswing with yet another new high last month, according to the Biz2Credit Small Business Lending Index™ (March 2018 figures). Big banks (assets of $10 billion+) are granting more than one-quarter of the small business loan applications they receive. The 25.5% approval percentage, up one-tenth of a percent from February, represents a post-recession high point for big banks.

Friday, March 23, 2018 | Access to Capital, Business planning and strategy

Throughout Women’s History Month, we celebrate the economic, social and political contributions that women make to our world. Women account for roughly half of the American workforce, attain higher levels of education than men and are an increasing share of primary or solo breadwinners. There is no doubt that for America to thrive, we must promote the economic empowerment of women. Central to women’s economic success is women’s entrepreneurship, which contributes significantly to overall economic growth and prosperity.

Tuesday, February 27, 2018 | Access to Capital, Business planning and strategy, Contracting opportunities

As Black History Month comes to a close, it’s important to take some time to focus on the contributions and potential of African-American entrepreneurs. Businesses owned by people of color are crucial to growing the American economy, adding more than $300 billion in sales in 2012 alone.

Wednesday, February 14, 2018 |

Small Business Majority is proud to announce it is taking the lead on Venturize.org, an online resource hub for small businesses that need help accessing responsible capital and becoming loan ready. Here’s a little about us and how we plan to take Venturize to the next level.

Friday, December 22, 2017 | Access to Capital, Financial tools and management

Building a successful business is no easy feat and many owners learn what works by trial and error. That’s why we’ve rounded up some of the best financing lessons learned from the small business owners we talked to this year.  

Tuesday, November 28, 2017 | Access to Capital, Financial tools and management

7 Signs That You Shouldn’t Sign (or E-sign) on the Dotted Line