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Smallbusiness lenders look at social media as 'extra tool' in approval decision

September 22, 2015 0 Comments

New York Expo Small Business May 2012 Photo 003 by Grant Wickes
small businesses
Image by Grant Wickes
Image from the 7th annual New York Expo for Small Business Show presented by Event Management. Details of show NYXpo Show. For additional photos from the event see: Flickr NYXpo photostream May 2012

Picture by Grant Wickes principal of Wickpoint Management Services and VP Businss Development Wasp Barcode Technologies.

Photo (cc). If using photo, please credit: Photo courtesy Grant Wickes.

In picture: Ramon Ray (@ramonray), Maureen Link, Grant Wickes (@gwickes), Laurie McCabe (@lauriemccabe) – great panels at NYXpo regarding tech tools to improve productivity for small business

Smallbusiness lenders look at social media as 'extra tool' in approval decision
One lender, quick to point out that decisions still rely on traditional factors like credit and cash flow, says social media "helps us dig in to learn more about the borrower and business that maybe we didn't get into during the interviews." More …
Read more on Orlando Sentinel

Crumb Brothers Retuns To The Booming Utah Small Business Sector
There are an estimated 250,000 small businesses in Utah, which employ 500,000 employees according to the Utah Small Business Profile. Crumb Brothers Artisan Bread is one of those small businesses; the bakery reopened Sept. 19 in Logan under new …
Read more on Utah Public Radio

Support Grows To Stop ACA's New Definition of Small Business
Companies falling into the new small business definition will have to comply with the ACA's requirements on employee health plans and enter the small-group insurance market as of Jan. 1, 2016. The companies could opt to purchase coverage through the …
Read more on California Healthline

Scanther Mobile Provides All-Inclusive Mobile Solution For Small Businesses
AUSTIN, TEXAS, Sept. 22, 2015 (GLOBE NEWSWIRE) — This month, Scanther Mobile, mobile website and app maker headquartered in Austin, Texas, announced new functionality for small businesses. Launched in 2012, Scanther's software provides a quick …
Read more on GlobeNewswire (press release)

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