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Lending Continues to Grow

After a decline in June, small business lending increased in July, reports INC. In July, the Small Business Lending Index rose 7 percent. Overall lending has increased 10 percent since 2013. Read more...

Small Business Owners Lose Against Yelp

The 9th U.S. Circuit Court of Appeals in San Francisco dismissed a lawsuit brought by two local business against Yelp, the online review site. The lawsuit alleged that Yelp extorted money from the businesses by offering to manipulate reviews for the business in exchange for them purchasing online ads. The ruling stated that Yelp’s engineering of the reviews didn’t fit the strict definition of extortion. Read more...

Senator Introduces Legislation to Close Lending Gap

According to the Post and Courier, Senator Maria Cantwell wants to close the lending gender gap for women small business owners. As chairwoman of the Senate Committee on Small Business & Entrepreneurship, she introduced the Women's Small Business Ownership Act. If passed, the Act would make it easier for women-owned companies to get loans and government contracts. Read more...

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