News

News

Lending is Up for Small Business

Small businesses lending is up, reports Forbes. Big banks are approving 28% of all small businesses applications, while smaller banks are approving 50%. 

Approval rates for small business loan applications rose to another post-recession record (27.9%) at big banks ($10 billion+ in assets), while approval percentages also stayed above 50% at small banks in September, according to the latest Biz2Credit Small Business Lending Index™

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Keeping Businesses Going Amid Tariffs

According to CNBC, U.S. companies are finding ways to keep their supply chains flowing with the new tariffs.  

The sweeping tariffs imposed on China for its alleged unfair trade practices was intended to set right imbalances that put U.S. companies at a disadvantage

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Fighting Against Counterfeits

U.S. small businesses owners are fighting against counterfeit items, reports CNBC.  

When Ruth Brons has a break between teaching her students in New Jersey how to play the violin, she’s trying to find new ways to defend her small business against counterfeiters thousands of miles away in China.

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