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Today In B2B: Small PPP Loans Cause Controversy; Bank Profits Sink

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Plus, Pilot Company collaborates on fleet factoring, Revolution Payments launches Level III commercial card processing and Porter Capital launches new PPP funding tools. Judith Less, who runs a thrift shop in New Jersey, got $27,” the paper reported. Porter Capital Offers New Funding Tools To PPP Recipients.

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Popular Bank Named Among First Investors of NWK FAM Fund

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The new investment vehicle aims to economically empower Black and Latinx business owners throughout the City of Newark. NWK FAM Fund Seeks to Narrow the Wealth Gap in New Jersey. According to a recent study , the state experiences one of the worst racial wealth gaps in the nation. Chairman, Montclair Capital Group.

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American Dream Mega Mall Opens In Mega eCommerce Era

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Multiple attractions will make the New Jersey mall a destination. million gallon water park, a beach kept at 87 degrees Fahrenheit year-round, a Sea Life aquarium, a regulation National Hockey League skating rink and an aviary featuring local birds, among other features. Those include a 1.5 Mills Corp.,

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Caesars Puts Stake In Online Betting Co DraftKings

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“This alliance is the latest initiative by Caesars to capitalize on our database, generate a new revenue stream in a growth market and raise our profile in sports, in part by creating new sports-themed guest experiences at our resorts across the country.” and Australia. .” and Australia.

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Philadelphia Mall Owner Takes Care Of Its Own

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REITs are not exactly a source of good or even consistent news these days. Just this week, investors in Starwood Capital Group started to show signs of strain after the pandemic shuttered stores and wiped out emergency cash reserves, leading to default on a $700 million loan.

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For International Property Buyers, U.S. Presents Stable Investment Opportunities

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Foreign property buyers appear to have gotten that message, if research from the National Association of Realtors (NAR) is any indication. The nation, notably the areas of Toronto and Vancouver, is seeing a high influx of buyers purchasing properties due to the region’s low interest rates. Global Real Estate Bargain Shopping.

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Widening Borrower Protection’s Scope To SMBs

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MacKrell emphasized the role that federal and state government initiatives can play in increasing awareness among SMBs about online lending risks and the potential for more affordable financing options – with New York quickly becoming a key battleground for the nation’s small business borrowers’ protection movement. ”

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