Tag Archives: small businesses

How COVID Subsidies and Relief Programs Impact Business Taxes in 2021

Businesses backed by coronavirus relief funding could face a new wave of uncertainty this tax-reporting season as rules about how that money should be reported on federal and state income taxes keep changing. NerdWallet – NerdWallet Congress has created coronavirus relief programs like the Paycheck Protection Program and the tax-exempt …

Read More »

California bill would require vaccines for all employees – ABC4 Utah

SACRAMENTO, Calif. (AP) — California would require all businesses to require their employees and independent contractors to receive the COVID-19 vaccine under legislation announced Friday by state Democratic lawmakers that was immediately criticized by the Republicans as exaggerated government. Employees or contractors who qualify for medical or religious exemptions would …

Read More »

Pitney Bowes Financial Services signs term loan with Zion Delivery Service | Business

STAMFORD, Conn.–(BUSINESS WIRE)–February 9, 2022– Pitney Bowes Inc.. (NYSE: PBI), a global shipping and courier company that provides technology, logistics and financial services, today announced that Pitney Bowes Bank has signed a term loan and revolving line of credit with Zion Delivery Service, Inc (ZDS) of Long Beach, CA. ZDS …

Read More »

Four things to watch out for in B2B finance

Get instant alerts when news breaks on your stocks. Claim your one week free trial for StreetInsider Premium here. NEW YORK, 02 Feb. 2022 (GLOBE NEWSWIRE) — On behalf, Inc.a provider of purchase finance solutions for B2B sellers and buyers, expects big strides in the digitalization of B2B finance in …

Read More »

St. George area economy bright despite growing pains and pandemic – St George News

St. George’s future is bright despite growing pains and COVID-related challenges, St. George, Utah, January 13, 2022 | Photo by Stephanie DeGraw, St. George News ST. GEORGE- Greater St. George’s economy booming despite growing pains and COVID-related challenges, says President and CEO of the St. George Area Chamber of Commerce …

Read More »

For some businesses in Mass., the COVID-19 pandemic has pushed changes for the better

In 2020, the store had its best year yet. And 2021 was even better. “COVID has changed everything in our store,” Titcomb said. “It made us a better company by far.” The pandemic has crushed many small businesses, as health issues, supply chain issues and labor shortages converge. But some …

Read More »

Letter: Utah’s Booming Tech Sector Deserves Congressional Support | News, Sports, Jobs

For decades, the Utah government has provided many resources and benefits to startups and small businesses and continues to help foster relationships between business, education, government, and our communities. In doing so, Utah remains among the top five states for businesses in the United States. For many small businesses, social …

Read More »

FundThrough Acquires BlueVine Invoice Factoring Business | Business

TORONTO – (BUSINESS WIRE) – January 13, 2022– FundBy, a financial technology platform that solves cash flow challenges for growing businesses through fast bill payments, today announced the acquisition of the invoice factoring business of the financial technology company BlueVine. The acquisition accelerates the company’s strategic focus on integrated financing …

Read More »

Trump, Ivanka and Don Jr subpoenaed by New York attorney general

NEW YORK (AP) – The New York attorney general recently subpoenaed former President Donald Trump and his two eldest children, Ivanka and Donald Trump Jr., demanding their testimony as part of a civil investigation into the practices family business, according to a court case. public Monday. The subpoenas, arising from …

Read More »

Nearly $ 100 billion stolen from pandemic relief funds – ABC4 Utah

through: JENNIFER McDERMOTT, Associate Press Posted: December 21, 2021 / 5:23 PM MST / Update: December 21, 2021 / 10:34 PM MST FILE – The web pages used to view information about UI collection in Virginia, right, and to report fraud and identity theft in Pennsylvania, are displayed on the …

Read More »

Park City Pulse: an inspiring year ends

We and all of our partners would like to thank you for a fantastic year and wish you the happiest of holidays. It’s wonderful to have a snowy December after a late start to the season. When Santa Claus stepped onto the Town Lift at Park City Mountain Resort on …

Read More »

Biden aims to reduce bureaucratic bypassing of government services – ABC4 Utah

WASHINGTON (AP) – President Joe Biden will sign an executive order on Monday aimed at saving Americans time and frustration when they seek a wide range of federal services, such as passport renewals, applying for Social Security benefits and obtaining help after natural disasters. The White House released details of …

Read More »

Amex: SMEs must extend their digital reach

Shoppers in New York, Los Angeles, Chicago and Boston may notice a new art installation this holiday season featuring products from local businesses. But these murals, a collaboration between American Express and Google, aren’t just for aesthetics – they create a fully shoppable experience, allowing consumers to scan and purchase …

Read More »

WASHINGTON FEDERAL INC. Management’s Discussion and Analysis of Financial Position and Operating Results (Form 10-K)

This discussion should be read in conjunction with our Consolidated Financial Statements and related notes in "Item 8. Financial Statements and Supplementary Data" of this report. In the following discussion, unless otherwise noted, references to increases or decreases in average balances in items of income and expense for a particular …

Read More »

Utah Podium Secures $ 201 Million in New Funding as Its Valuation Exceeds $ 3 Billion

Utah’s customer communications and payments platform, Podium, hit another benchmark on Monday, announcing a new funding round of $ 201 million and a market valuation north of $ 3 billion. Podium co-founder and CEO Eric Rea said his company is well positioned to continue to grow its customer base, which …

Read More »

Logan will welcome popular new businesses

November 8, 2021 at 8:00 a.m. Popular businesses such as Dutch Bros Coffee, In-N-Out Burger, WinCo Foods, Cupbop, and Cafe Zupas all plan to open stores in Logan in the coming months. Dutch Bros Coffee is renovating a property located at 910 Main Street that was once owned by Papa …

Read More »

Why do things cost more? The case of a granola manufacturer shows a supply chain in crisis

Just ask Michelle Pusateri, CEO and ‘granola master’ about Granola Nana Joes in San Francisco, named after his grandparents. His homemade concoction is simple in terms of products: a handful of raw materials, mostly agricultural; nothing electronic, chemical or exotic. But the company sources organic ingredients like nuts, seeds and …

Read More »

Why the disappearance of paid family leave this time could fuel it later

WASHINGTON – In late 2019, with bipartisan support, including from iconoclastic Senate Democrat Kyrsten Sinema of Arizona, President Donald J. Trump’s daughter Ivanka hosted a White House summit to promote his vision of family leave and paid medical. As with many national initiatives of the Trump years, the effort came …

Read More »

Utah joins legal action against White House order to vaccinate federal contractors against COVID-19

Seven states sign the lawsuit, which matches the actions of a dozen other Republican-led states. (Francisco Kjolseth | The Salt Lake Tribune) Stickers in English and Spanish are available for people getting vaccinated against COVID-19 at the old Provo High School at 1125 N. University Ave. Wednesday July 28, 2021. …

Read More »

DABC commission walks into a bar – and it’s no joke

CEDAR CITY, Utah – Utah liquor control commissioners walked into a bar. This is not the setup for a very good joke. The Utah Department of Alcohol Control Commission held what were technically public meetings Tuesday inside the Instant Gratification Winery and Policy Kings Brewery in Cedar City. “This would …

Read More »

Deadline Approaches to Apply for EIDL Drought Emergency Loans

The deadline for SBA working capital loans due to drought is fast approaching. Companies in six states have up to November 5, 2021 Apply for a federal disaster loan from the SBA for economic harm. These businesses can use Economic Disaster Loans (EIDL) to pay fixed debts, salaries, accounts payable, …

Read More »

Small Business Digital Financial Services Provider BlueVine Appoints Mira Srinivasan As CRO

Blue Vine, the financial services provider for small businesses, has appointed Mira Srinivasan as Chief Risk Officer. In this role, Mira will need to build on the strong foundation of BlueVine’s Risk team and improve various policies, customer experience and risk models, as well as improve underwriting. It will report …

Read More »

KeyBank Double SBA 7 (a) Lendi

CLEVELAND, October 7, 2021 CLEVELAND, October 7, 2021 / PRNewswire / – KeyBank today announced that it has granted 947 loans for a total of $ 434 million in the SBA’s 2021 fiscal year, more than doubling its number of individual small business unit loan approvals from 2020. The volume …

Read More »

SBA Loan Deadline Approaches Due to Drought

The US Small Business Administration is reminding small non-farm businesses in 64 counties, including Grand, to apply for a federal disaster loan from the SBA by the Nov. 5 deadline. Midwest Director of Disaster Field Operations Tanya Garfield said in a statement that 64 counties in Colorado and neighboring counties …

Read More »

How Coconut VA is helping founders quit their jobs

In 2007, Tim Ferriss published his first and best-known book, The 4 hour work week. The book is set against the backdrop of Ferriss’ journey as a founder working 14 hours a day to grow his nutritional supplement business. Ferriss’s startup has taken over all aspects of his life, causing …

Read More »

Atlanta star sentenced to 17 years for PPP loan fraud

Maurice Fayne, known as Arkansas Mo, defrauded more than $ 2 million at United Community Bank. He must pay more than $ 4 million in restitution. Maurice fayne, also known as the Arkansas Mo, which once featured on Love and hip-hop: Atlanta, was sentenced to 17 years and six months …

Read More »

Lendio Acquires Laso’s AI-Based Loan Creation Software to Offer Underwriting Solutions to Lending Institutions

Financial institutions will have instant access to increased efficiency in SME lending, enabling access to capital for thousands of small businesses across the country. Digital infrastructure solutions will further accelerate Lendio’s growth and position as the leading national provider of financial solutions for small businesses. LEHI, Utah – September 16, …

Read More »

BlueVine Appoints David Quinn, Former Silicon Valley Bank Executive, as Chief Financial Officer

REDWOOD CITY, California, September 16, 2021 / PRNewswire / – Blue Vine, the leading provider of innovative financial services for small businesses, today announced the appointment of David Quinn as the new CFO. In this role, Quinn will lead the finance functions of BlueVine and help accelerate the strategic growth …

Read More »

September 9 – President Joe Biden orders all companies with more than 100 workers to demand COVID-19 vaccines and tests | Fwbusiness

President Joe Biden is asking companies with 100 or more employees to make sure their employees are vaccinated against COVID-19 or test negative at least once a week before going to the workplace. Biden announced on September 9 his six-point plan to combat the pandemic, which has infected nearly 41 …

Read More »

Not Enough Money for Everyone in Restaurant Revitalization Fund extends struggles for local operators in hard-hit industry | Food News | Spokane | The interior of the Pacific Northwest

Click to enlarge Photo of young Kwak Homeowners Lisa and Scott Poole qualified for $ 600,000 in federal aid, but received none. Wlong-awaited federal aid hen for the pandemic-stricken national restaurant industry finally became available in May thanks to the $ 28.6 billion Restaurant Revitalization Fund, restaurants in the Northwest …

Read More »

Space Symposium: Catalyst Campus Has Big Growth Plans, Including Nationwide Expansion | Business

Six years after turning an old, near-vacant train station into a hub for space and tech startups, Kevin O’Neil has even more ambitious plans for his Catalyst Campus business park. Construction is slated to begin early next year on a sixth office building in the 12-acre business park on the …

Read More »

Staples Canada Becomes Official Work and Learning Company for the Toronto Raptors

Partnership kicks off with virtual event featuring Raptors star Chris Boucher and a national back-to-school competition RICHMOND HILL, ON, August 20, 2021 / CNW / – Staples Canada is proud to become the official work and learning company for the Toronto Raptors. This new multi-year partnership marks the meeting of …

Read More »

Salt Lake Chamber: Let’s Talk Business: Financing Mountain West Small Businesses

Here’s Derek Miller talking about business. Small businesses always need affordable financing to finance their growth. John Evans of Mountain West Small Business Finance is here to discuss the impact of their SBA loan programs on small businesses in Utah. JEAN EVANS At Mountain West Small Business Finance, we empower …

Read More »

SBA Express Loans: What Are They And Exactly How To Qualify. SBA Express loans provide faster capital than many other federally backed loans, but lower borrowing limits.

SBA Express Loans: What Are They And Exactly How To Qualify. SBA Express loans provide faster capital than many other federally backed loans, but lower borrowing limits. SBA Express Loans are part of the US Small Business Administration’s 7 (a) Loan System. You can currently simply withdraw up to $ …

Read More »

Square launches small business banking

July 20 (Reuters) – Square Inc (SQ.N), the company led by Jack Dorsey, CEO of Twitter Inc (TWTR.N), launches banking services for small businesses, as it continues to expand at- beyond payment processing. Square Banking will offer small businesses savings and chequing accounts, as well as its existing loan offering …

Read More »

Small Utah Businesses Eligible for SBA Loans

SALT LAKE CITY (ABC4) – Officials are urging local non-farm small businesses to apply for low-interest federal disaster disaster loans from the US Small Business Administration, SBA. According to director Tanya N. Garfield of the SBA’s Disaster Field Operations Center, businesses in five counties in Utah and neighboring counties of …

Read More »

Danny Meyer wants alfresco dining to save New York

“Someone sent me a box of hot dogs,” Danny Meyer said as he entered Union Square Café, his oldest restaurant, holding a large cardboard package. He placed the package on the bar, took off his mask, and opened a cover letter, from the owner of a series of hot dog …

Read More »

Utah tops list of best US cities to start a small business, New Jersey ranks among worst: WalletHub

Six of the 10 Best Small Towns in America to Start a Business small business are in Utah, financial Wallethub website review and review found in an April 20 report. Wallethub compared over 1,300 U.S. small cities to determine which one would best promote small business growth based on 20 …

Read More »

Tax Day: IRS Extends 2020 Tax and Payment Filing Date from April 15, 2021 to May 17, 2021

PHILADELPHIA – April 15 falls on Thursday this week. Normally, of course, this would be the day your taxes are due. But there has been nothing normal over the past year. The good news is you’ll have one more month to file your 2020 return. But the filing deadline isn’t …

Read More »

Utah truck driver pleads guilty to paying bribes

[Stay on top of transportation news: Get TTNews in your inbox.] A Utah man pleaded guilty to paying $ 490,000 in bribes between 2012 and 2019 in order to direct $ 24 million in business to the trucking operations he founded. Hubert Ugarte, 52, of Draper, Utah, also earlier this …

Read More »

Cache Valley Bank senior vice president bids farewell after 44 years serving southern Utah

Composite image. Background photo of the Tabernacle branch of Cache Valley Bank in St. George, Utah, date unspecified. Inset image of Sheldon T. Banks, outgoing senior vice president of Cache Valley Bank, date and location unspecified | Photo courtesy of Cache Valley Bank, St. George News CONTRIBUTED CONTENT – After …

Read More »

COVID-19 PPP loan applications due March 31

WINDOW ROCK, Arizona. The American Rescue Plan Act, which was enacted last week, invested an additional $ 7.5 billion in the popular Paycheck Protection Program, including expanding eligibility to nonprofits and digital news services. But time is running out to apply. Applications must be submitted by March 31, when the …

Read More »

Three young Secaucus charged with CARES Act fraud: police

SECAUCUS, NJ — According to Secaucus police, two town youths fraudulently applied for three separate CARES Act loans on behalf of fabricated businesses, ranging from agricultural businesses to a marketing company. Adam Rodriguez, 22, and Madison Sedell, 19, pictured above, made the fake loan applications in 2020, Secaucus police allege. …

Read More »

Your Money: Get Help or Go Bankrupt? Small businesses face the dilemma

NEW YORK (Reuters) – Sara Pauly is not one of those small business owners scrambling to file paperwork for some of the more than $350 billion in government aid available through the Paycheck Protection Program or the loan in case of economic disaster. FILE PHOTO: The New York skyline and …

Read More »

Biden Says Small Businesses Missed 40% of Bailout Funds :: WRAL.com

By Eric Litke, PolitiFact reporter During a La Crosse-focused virtual campaign stop on May 20, 2020, Democratic presidential nominee Joe Biden took aim at the federal government’s response to small business issues. In early May 2020, nearly one in three small businesses said they were temporarily closing, and nearly a …

Read More »

New loan program helps farmers create forests

A new loan scheme to support farmers and smallholder farmers with small-scale forest creation projects has been launched in Scotland. Half of the initial costs associated with planting a new forest, including the purchase of trees, land preparation or fencing, can now be paid for in advance by Scottish Forestry. …

Read More »

New relief measures coming for Portland small businesses and low-income households

UPDATE (11:50 AM): On Monday, Portland Mayor Ted Wheeler held a press conference officially announcing the relief measures. Nominations opened Monday morning for city applications Small Business Relief Fund. They will end on Wednesday and grant recipients will be selected by next Tuesday. Seven banks also joined in, pledging more …

Read More »

Restaurants at the mercy of coronavirus as US government loan money vanishes

The check has arrived, and beleaguered restaurant owners across America are looking down on their empty wallets. Government coronavirus loans in the spring helped food establishments rehire laid-off employees and ride out the initial wave of the pandemic and wave of shutdown orders. But that Paycheck Protection Program (PPP) money …

Read More »

Small businesses are losing confidence in their survival

Small businesses have largely exhausted their federal funding and are beginning to lay off workers, with many fearing they may have to shut down permanently, according to a new Goldman Sachs survey provided exclusively to Axios. Why is this important: Business has still not returned to normal, six months after …

Read More »

The Week in Business: Confronting Racist Marketing

Problem with Europe, too The Trump administration is back on the trade warpath against the European Union and the World Trade Organization. President’s officials backed out of global trade coordination talks last week, threatening (again) to sanction the European Union with tariff escalation if it proceeded to impose taxes on …

Read More »

Marco Rubio now against disclosure of PPP loan amounts

WASHINGTON In April, Florida Republican Senator Marco Rubio said he would fight to make sure the public knew which companies had received taxpayer-backed coronavirus relief loans that totaled $511 billion. “At the end of the day, we’re going to find out one way or another who got that money,” Rubio …

Read More »

COVID: SME Loans, Mask Shortages, Starbucks

As federal COVID-19 stimulus programs have dried up for now and talks to renew them stalled, local communities are looking to fill the void by providing loans to SMEs that have been hit hard by the coronavirus . For example, Muskegon County, Michigan offers something called “recovery loans”Of up to …

Read More »

Read Blue Collar Cash if you want to secure your future, find happiness

Contents Freshness Usefulness An inspiring book for those looking to build a life they love with a blue collar business. If you buy something through our links, we may earn money from our affiliate partners. Learn more. When did we decide the only way to be successful was to get …

Read More »

What’s New in the Paycheck Protection Program This Week

Starting Friday, April 3, small businesses and sole proprietors can claim the $ 349 billion Paycheque Protection Program (PPP). It is not clear which lenders are involved, and some banks indicate confusion about the program, and there is a good reason for this: the program keeps changing. On Thursday evening, …

Read More »

SBA Relief Loan Options: What is Best for Dentists?

By Mark Schmidt As dentists grapple with the COVID-19 crisis, mandatory office closings and limited patient appointments leave many concerned about the future. Without income, cash flow is limited to cover even day-to-day operational costs and expenses. With so much information available on federal government relief programs, many are unsure …

Read More »

Incentive program allows restaurants to pay workers’ tips as well as wages

Loading Something is loading. We are really sorry! We encountered a system failure and were unable to take your email this time. Thank you for signing up! The enactment of a new $ 2.2 trillion stimulus package by President Trump last week is offering small businesses a lifeline in the …

Read More »

Cleveland grants COVID-19 loans to 113 small businesses | New

Angela Sharpley opened Pipe’N Hot Grill at the end of January, only to see the coronavirus pandemic threatening to dry up her business two months later. This week, his seafood restaurant in Cleveland’s GlenVillage development was among 113 local businesses to win a total of $ 1.1 million in emergency …

Read More »

U.S. House votes to relax coronavirus-related small business loan program

The United States House voted Thursday to give small businesses financially strapped by the COVID-19 crisis more flexibility to spend forgivable loans on wages and expenses for the popular paycheck protection program of the government. The 417-1 vote sends the measure to the Senate, which can request changes. Sponsors of …

Read More »

AirDroid Remote Support uses an AR camera to provide help in one app

The integration of augmented reality (AR) in AirDroid Remote Assistance promises to dramatically improve customer support. Imagine having instructions from a customer support center, instructor, or company right on your smartphone. This feature will add a level of efficiency that will make your workforce more productive as they will be …

Read More »

Phunware, a data company for the Trump campaign, has secured millions in small business aid against coronaviruses

Digital technology company specializing in mass collection of location data from smartphones and working for President Donald Trump’s re-election campaign has received millions from the federal government coronavirus relief fund for small businesses. The Phunware company, which now has around 60 employees, was eligible for the low-interest loan through the …

Read More »

Sunak steps back and offers small businesses 100% loan guarantees | Rishi Sunak

Smaller UK businesses will be offered 100% government-backed bailout loans after strong criticism for slow use of emergency bank loans during the coronavirus crisis. In a descent after assembly pressure on the government to revise its emergency lending program after thousands of cash-strapped businesses were denied support, Chancellor Rishi Sunak …

Read More »

Why Small Business Loans Are Not Reaching Intended Recipients – Mish Talk

The New York Times has an interesting article Denied, deferred and ignored: 13 requests and no appeal. The article discusses the fate of Graceann Dorse and her husband, Christopher Webb, who founded a film and special effects company, FX WRX, in New York City. “The work we do has to …

Read More »

Big banks profit from white supremacy. They should reimburse PPP fees to black and Latino communities

As we witnessed the shooting of Jacob Blake following the murder of George Floyd by police, we are reminded that state sanctioned violence against black men and women is the most painful and most painful way. odious whose white supremacy is maintained, but it is not the only way. We’ve …

Read More »

Southern Indiana Loan Program Helps Keep Small Businesses Afloat During Pandemic | New

LOUISVILLE, Ky. (WDRB) – The southern Indiana community has come together to help save struggling small businesses during the pandemic. One Southern Indiana has partnered with local governments and groups such as the Caesars Foundation of Floyd County, the BlueSky Foundation, and the Community Foundation of Southern Indiana to create …

Read More »

Main Street Pillars: How Some US States Have Used Crisis Lending

Through Howard schneider, Timothy Aeppel (Reuters) – As the coronavirus crisis gripped the U.S. economy and Congress approved hundreds of billions of dollars in emergency small business loans, Utah builder Clark Ivory knew what tell his local colleagues. FILE PHOTO: Empty restaurant tables sit in a Pennsylvania Avenue plaza during …

Read More »

Detroit pawnshop sees increased need for quick cash for ‘survival’

DETROIT (WXYZ) – With hundreds of thousands of layoffs across the state due to COVID-19, some residents of the Detroit subway are turning to pawn shops for quick cash. Under the executive orders of Governor Gretchen Whitmer, pawn shops are considered essential. They loan administrator. So companies like American Jewelry …

Read More »

Second try to help small and minority businesses | Technology

President Joe Biden visited a hardware store in the nation’s capital last Tuesday to highlight changes he made to the paycheck protection program for the benefit of small businesses that he says have been overlooked by the Trump administration more early in the coronavirus pandemic. Biden administration officials announced last …

Read More »

What prompts non-banks to buy banks? Cheap deposits

Like other non-bank lenders who recently made deals to buy banks, DLP Real Estate Capital was largely motivated by the ability to collect low-cost deposits to fund its loans. The private real estate investment company said that the $ 97.8 million Sunnyside Bancorp asset could also handle cash flow and …

Read More »

With loan money gone, restaurants are at the mercy of coronavirus | FOX 4 Kansas City WDAF-TV

This is an archived article and the information in the article may be out of date. Please look at the history’s timestamp to see when it was last updated. NEW YORK – The check has arrived and beleaguered restaurateurs across America are staring down at their empty wallets. Government loans …

Read More »

Japan’s cash balance hits new high as BOJ pours cash to fight pandemic

The cash balance in the Japanese economy hit 543 trillion yen in May, hitting a record high for the second month in a row, as the central bank injected more liquidity to cushion the blow to businesses and to consumers by the coronavirus pandemic. Armed with a series of lending …

Read More »

Bristol city center businesses seek recovery from COVID-19 | Latest titles

Believe in Bristol, an organization that supports inner-city businesses, helped. “Our organization worked with our two cities to add temporary signage downtown for those offering curbside pickup, making it more efficient and convenient for our community to support these small businesses,” said Maggie Elliott , director of Believe in Bristol. …

Read More »

Mountain America Credit Union Named # 1 Lender in Country and Utah by Small Business Administration

Processing a record number of loans in 2020 In 2020, small businesses relied more than ever on their financial institution to obtain the financing necessary to keep their doors open and recover from the pandemic. Mountain America reallocated employees and improved efficiency to process additional loans and secure member funding …

Read More »