Institutional Bias Blocks Underrepresented Businesses from Venture Capital, Private Equity Bonanza

DS9 Capital

Corporate America—especially legacy venture capital (VC) and private equity (PE) firms—is losing millions of dollars in potential investment by not looking at small- and medium-sized business. The main reason for this slight – these SMBs do not aspire to be billion-dollar companies. Paul Ford, founder and president of DS9 Capital, a founder-friendly portfolio management holding … [More]

AVANA Companies Launches New Loan Platform LendThrive™


AVANA Companies a lending and asset management platform, is pleased to announce the launch of LendThrive™, a lending platform designed to help small businesses thrive while stimulating local economies. This latest addition to the AVANA Companies eco-system comes on the heels of AVANA’S move to become a majority shareholder in Extensia Financial, a credit union service … [More]

Take These Steps if You’re Falling Behind on Payments

Take Charge America, Inc.

Even though many Americans are rebounding from the economic effects of the pandemic, millions remain impacted as they struggle to keep up with bills or are at risk of falling further behind. “For those still struggling, the prospect of falling behind on bills is emotionally stressful and can leave them feeling hopeless and helpless,” said Michael Sullivan, a … [More]

CrossFirst Bank Enters Fast-Growing Phoenix Market

CrossFit Bank

CrossFirst Bankshares, Inc., the bank holding company for CrossFirst Bank, announced today that it has plans to enter the Phoenix, Arizona market and has named Kevin Halloran as Phoenix Market President. “As we looked to expand outside our traditional CrossFirst footprint, we believe Phoenix is a great opportunity given the region’s favorable demographics, strong population, … [More]

PNC Completes Acquisition of BBVA

PNC Financial

The PNC Financial Services Group, Inc. announced the completion of its acquisition of BBVA USA Bancshares, Inc., including its U.S. banking subsidiary BBVA USA. Through this transaction, PNC is now the fifth largest U.S. commercial banking organization with over $560 billion in assets with a coast-to-coast national franchise that will provide a full range of products and … [More]

Maximizing Cash Flow to Help Your Business Survive and Thrive

by Jeff Friesen

The financial crisis created by COVID-19 has impacted virtually every U.S. business in one way or another. For some, the sudden shift in demand for products and services created a windfall as well as challenges such as keeping up with demand. But for many others, the crisis resulted in an abrupt decline in revenue and cash flow. While cash flow in your own business is your … [More]

Alerus Expands SBA Lending Strength with Addition of 5 Specialists


Alerus is pleased to announce it is strengthening its U.S. Small Business Administration lending capabilities with the addition of an expert SBA team. Led by industry veteran John Kimball, who most recently served as SBA lending manager at MidWestOne Bank, the five-person team collectively has more than 100 years of business banking and small business lending experience at … [More]

Apply: $2.7 Million for Women’s Business Center Resiliency and Recovery Demonstration Grant

U.S. Small Business Administration

The U.S. Small Business Administration (SBA), Office of Women’s Business Ownership (OWBO) is accepting applications for the Women's Business Centers (WBC) Resiliency and Recovery Demonstration Grant. The purpose of this opportunity is to continue or establish innovative projects that aim to improve service delivery, training, and support provided to women-owned businesses … [More]

SBA Funds 16,000 Restaurant Revitalization Fund Awards

U.S. Small Business Administration

The U.S. Small Business Administration will begin delivering economic relief from the Restaurant Revitalization Fund, established by the American Rescue Plan and signed into law by President Joe Biden, to more than 16,000 approved applicants. This first round of funding represents over $2 billion of relief awarded since last Monday’s successful program launch. Restaurants and … [More]

Small Businesses: How to Secure Your PPP Loans, New Deadline Coming Up

by Jonathan Brooks

It’s no secret that the COVID-19 pandemic hit businesses hard. Small-business owners, who are in the humble beginning stages, are still feeling the brunt of this economic impact and need immediate relief to get back on their feet. However, when the word “loan” is brought up, many shut down, simply thinking about the laborious task at hand to obtain one. The Paycheck … [More]

CDC Small Business Finance Is Top Arizona SBA Lender after Fiscal Year 2021 2Q

CDC Small Business Finance

CDC Small Business Finance, a community leader in the economic development field, is the No. 1 U.S. Small Business Administration lender in Arizona among 7A and 504 firms after the fiscal year 2021 second quarter. The Arizona district office of CDC, which was named the state’s SBA 504 Lender of the Year for the third straight year in 2020, closed 55 loans totaling $49.67 … [More]

How Minority-Owned Small Businesses Can Gain a Competitive Edge with a Diversity Certification

by Edgar R. Olivo

If you own a small business and are part of a certain demographic group, your business could qualify for a diversity certification, which will grant you access to special grants, supplier programs and large contracts. This is a great way to grow your business when you plan to sell to other businesses or the government. As diversity becomes an ever-increasingly important topic … [More]

Comerica Expands Community Development Lending Program

Comerica Bank

Comerica Bank announced it will expand its community development lending program, specifically as it relates to affordable housing. Comerica plans to strengthen access to capital assistance for nonprofit and for-profit developers of Low-Income Housing Tax Credit (LIHTC) projects. The program will focus on increasing the availability of affordable multifamily housing for … [More]

Financial Institutions Provide $50,000 towards Pandemic Lung Health Initiatives  

TruWest Credit Union

Responding to the need for lifesaving research and education to help put an end to the COVID-19 pandemic, TruWest Credit Union and the Federal Home Bank of San Francisco (FHLBank San Francisco) have partnered to help fund the American Lung Association’s COVID-19 Action Initiative.  The credit union’s past year’s donations qualified for a matching grant from FHLBank San … [More]

J.P. Morgan Wealth Management to Hire over 100 Financial Advisors in Phoenix Metro Area by 2022

J.P. Morgan Wealth Management

J.P. Morgan Wealth Management announced plans to hire more than 100 financial advisors in the Phoenix metro area by 2022, highlighting the bank’s commitment to growth in Arizona. The new employees will work in J.P. Morgan’s growing U.S. wealth management business, with a focus on offering professional financial advice for clients who prefer to engage via video and … [More]

JPMorgan Chase Makes $475,000 Grant to Arizona Hispanic Chamber Foundation to Help Underserved Small Business Owners

JPMorgan Chase announced a $475,000 grant for the Arizona Hispanic Chamber of Commerce (AZHCC) for its implementation of Ascend Phoenix, a program to help grow small businesses owned by Black, Latinx and other underserved entrepreneurs, boost their long-term success and create inclusive economic growth. Ascend Phoenix seeks to assist underserved small businesses by providing … [More]

6 Ways the American Rescue Plan of 2021 Will Help Small Businesses

by Edgar R. Olivo

The American Rescue Plan hopes to bring more resources to small businesses with new and expanded grant programs. The Senate approved President Biden's $1.9-trillion coronavirus relief plan Saturday, creating additional aid for American small businesses. The bill is now up for a revote by the House of Representatives with the updated revisions from Congress before it goes to … [More]

New Program Offers No-Interest Loans to Small Businesses

BBB Serving the Pacific Southwest

Help has arrived for entrepreneurs in Phoenix to boost their businesses with access to affordable capital. Better Business Bureau Serving the Pacific Southwest (BBB) has partnered with GoDaddy Inc. (NYSE: GDDY) and the City of Phoenix to launch the Phoenix Kiva Hub, which provides zero percent interest loans to small businesses unable to access traditional capital. The Kiva … [More]

When Cash Is Devalued, Where Should Investors Look for Salvation?

With a difficult 2020 receding into the past, investors are left to wonder what lies ahead for them, the economy, and their portfolios in 2021. Unfortunately, they may find that some investing decisions are still tied to the events of last year. Because of how the COVID-19 pandemic affected the economy, the Federal Reserve saw to it that enormous amounts of money were … [More]

Amid Economic Uncertainty, Businesses Embrace Change, Strengthen Resolve, Survey Finds

JPMorgan Chase & Co.

In a year filled with unforeseen and unparalleled challenges, small and midsize U.S. business leaders are showing resilience by remaining nimble, accelerating digital adoption and using lessons learned to plan for continued economic uncertainty, according to the annual JPMorgan Chase Business Leaders Outlook survey released today. While the majority of businesses surveyed … [More]

In Business Dailies

Get your twice-daily dose of all you need to Grow Your Business.
  • Get the day’s Top Stories
  • Relevant In-depth Articles
  • Daily Offers
  • Coming Events
Free sign up for 2021.
Don’t miss out!