
Editor
Believe Your Government Fine is Unfair? Contact the Ombudsman
- Thursday, 10 April 2014
According to the Wall Street Journal, if you feel your small business has been fined or penalized unfairly by a government regulation you can contact the Small Business Ombudsman. The Ombudsman works as a liaison between small business and governmental agencies to resolve complaints. In 2013, the Ombudsman’s office received 350 complaints.
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Small Business Optimism on the Decline
- Wednesday, 09 April 2014
According to Fox News, the latest numbers released from the National Federation of Independent Businesses shows the optimism index has declined. The February Optimism Index was 91.4, which is 2.7 points lower than January.
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Online Loan Company Receives Additional Funding
- Wednesday, 09 April 2014
OnDeck, an online lender that specializes in short term loans to small businesses, has received $77 million dollars in late stage funding. OnDeck doesn't require meeting with a loan officer, instead borrowers submit 90 days worth of cash flow information, than OnDeck uses algorithms to determine a company’s creditworthiness.
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