article thumbnail

Navigating the Loan Landscape: A Guide to Small Business Financing

Ublocal

Working capital is the lifeblood of any business, but it can be challenging for small business owners and entrepreneurs to get conventional financing. Pay taxes to the U.S. If requested, you’ll also need to provide your personal tax returns from the past three years. SBA loans were created to fill that gap.

article thumbnail

Widening Borrower Protection’s Scope To SMBs

PYMNTS

When it comes time to apply for financing, he said, it’s often because there’s an emergency – they must make payroll or find cash for an upcoming tax bill, for instance. Indeed, thanks to their digital-first approach, financing via one such platform can offer a convenient, strategic source of capital for growing SMBs.

Lending 136
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Bankers Are Navigating a Brave New World with Mergers and ESG

Gonzobanker

Cornerstone Advisors estimates $145 billion of pre-tax revenue has disappeared for bankers via margin compression in only the past two years. Bankers risk underplaying the efforts that should go into ESG during the merger process including data analysis, brand and culture integration, lending products, market strategies, and staff training.

article thumbnail

How CPAs Can Help Loan Officers Assess Business’ Risks, Valuations

NCR

As auditors, we take on a fiduciary responsibility to verify each client’s financial records – their tax returns, income statements and each line of the balance sheet. We also scrutinize revenue projections based on a variety of business and market factors such as consumer demand and the entrepreneur’s go-to-market strategy.

Taxes 40
article thumbnail

Ripple Sizzle, Retail Sales Fizzle And PepsiCo Makes Digital Deliver For CPGs

PYMNTS

PepsiCo turned some heads with its quarterly earnings call announcement that it would take some of its tax reform windfall and reinvest it in improving the firm’s eCommerce efforts. According to PepsiCo CEO Indra K. Nooyi, that decision is entirely bottom line-driven – eCommerce was good for Pepsi last year.

Retail 124
article thumbnail

How 60+ Startups Are Disrupting Retail And Commercial Banking Around The World

CB Insights

Both have access to significant financial capital to scale far beyond what’s available to even well-funded startup challengers. In April of this year, Revolut raised a $250M Series C from DST Global, Index Ventures, Ribbit Capital, and Rocket Internet at a $1.7B savings accounts. This year also saw Current raise a $2.8M

Retail 78
article thumbnail

Data, Business Intelligence And Security Lead B2B Funding

PYMNTS

In a venture capital slowdown, any investment round is a win. The company’s Series B investment round was led by Viola Ventures and Rabo Frontier Ventures, while existing backers Lightspeed Venture Partners, Point Nine Capital, Speedinvest, 42CAP and others also participated. million in fresh investment for the industry.

Security 166