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Importance of Cash Flow Statements for Small Businesses
Tuesday, June 1, 2021 - 4:29pm | 635Read More...What is a business without money coming in and going out? Time after time, a majority of small and medium sized business owners have rated good cash flow management as the number one struggle they face. All business owners should have an understanding of the importance of cash flow as it can...
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COVID-19 Relief Options That Can Help Your Small Business
Friday, May 28, 2021 - 8:07am | 950Read More...COVID-19 has had a huge impact on the economy and has left small businesses worrying about their future. Since the first official announcement of the World Health Organization about the Coronavirus last January, it’s been a very long year and a quarter for American businesses and business...
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This Might Be The Best Time For Small Businesses To Look Again At Loans And Financing
Wednesday, April 21, 2021 - 2:48pm | 519Read More...2020 was a hard year for everyone, especially for small business owners, but after many delays and setbacks, recovery seems to be finally closing in. The very worst part of COVID has been the immense human suffering and loss, an enormous toll on humanity the world over. Another struggle and...
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Credibly Announces Second Offering Of Asset-Backed Securities – The First ABS Within The SMB Lending Space Since The Onset Of The COVID-19 Pandemic
Wednesday, April 21, 2021 - 8:53am | 592Read More...Southfield, MI – Apr. 20, 2021 - Today, Credibly announced its second offering of asset-backed securities (ABS) with the issuance of three classes of notes totaling $65.77 million. The asset-backed securitization is expandable to $200 million to further support the company’s continued...
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What Biden's $1.9 Trillion Covid Relief Plan Means For Small Businesses
Thursday, March 11, 2021 - 8:47am | 819Read More...After weeks of debate, consternation and bipartisan compromise, the latest COVID-19 relief plan has finally passed through both chambers of Congress and is now on track to finally reach President Biden’s desk in the coming days. The $1.9 trillion package has been months in the making, and...
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With Revenue Still Down From Last Year, 2021 Is Make-or-Break For Small Businesses
Friday, February 19, 2021 - 9:06am | 751Read More...After a year of pandemic-driven social distancing measures and full scale shutdowns, the landscape for small businesses circa 2021 remains challenging. And while domestic COVID-19 infection trends have been moving in the right direction since the start of the year, small businesses are still facing...
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4 Small Business Themes That Will Define 2021
Monday, February 8, 2021 - 9:09am | 1077Read More...Last year was a difficult one for small businesses. Not only due to the privations imposed as a result of COVID-19 lockdown and quarantine measures, but also in terms of anticipating what steps they could take in order to grow, evolve or simply survive over the course of the year. While 2021 does...
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Main Street's Sentiment Splits Into 2021 As Small Businesses Await More Uncertainty
Tuesday, February 2, 2021 - 8:27am | 678Read More...The new year may represent a new start for some, but for America’s small businesses, 2021 brings much of the same anxieties and uncertainties they have been contending with for months now. Credibly has worked alongside many small businesses over the course of the pandemic to help them...
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As A New $900B Relief Bill Works Through Congress, What's In It For Small Businesses?
Wednesday, December 23, 2020 - 9:07am | 889Read More...After months of legislative litigation and partisan bickering, Congress seems to have finally passed a new $900 billion relief package aimed at cushioning the financial impact of the ongoing global COVID-19 pandemic. While the White House has lobbied criticism of the new package, the relief has...
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Uncertainty And Tenacity Grow Among Small Business Owners As They Close Out A Troubled 2020
Thursday, December 10, 2020 - 9:05am | 715Read More...The final weeks of 2020 are upon us, though the end of the troubled year may be of little consolation to the nation’s small business owners, many of whom are facing dire circumstances during what is typically their most profitable season. As a result of indeterminate lockdown measures and...
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Pandemic Stimulus And The State Of Small Business As 2020 Draws To A Close
Friday, December 4, 2020 - 8:58am | 855Read More...With the Holiday season underway, most small businesses should be well into their busiest and most profitable period. Unfortunately, this year has not been one in which things turned out as they should have and small businesses and the world at large are hunkering down for what is turning out to be...
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Adapting To Change: How New And Existing Businesses Have Attempted To Find Opportunity In Uncertainty
Wednesday, November 18, 2020 - 8:58am | 929Read More...The COVID-19 pandemic has forced small businesses to reassess the ways in which they operate. In many ways, this has been a difficult and seemingly impossible task, as shutdowns and social distancing measures forced owners to scale back operations and caused cash flow to slow or stop entirely. But...
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Small Businesses Are Using Design To Meet Safety And Distancing Requirements
Wednesday, November 11, 2020 - 9:02am | 1300Read More...The “new normal” that has emerged in the midst of the global pandemic has forced small business owners to confront some needed changes to how they operate, some that are hopefully temporary while others are a long time in coming. Businesses across the nation are financing large and...
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Fintech Small Business Lender Credibly Touts Ratings Agency Affirmation of Public Market Securitization: A COVID-Era Success Story
Tuesday, October 20, 2020 - 7:31am | 629Read More...Small business lender Credibly recently announced that the Kroll Bond Rating Agency (KBRA) eliminated its ‘Watch’ status for Credibly’s public market securitization and affirmed the ratings on three classes of notes issued in Credibly’s Asset Backed Securitization. This...
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Here's What Small business Owners Should Prepare For In The Coming Months
Wednesday, September 23, 2020 - 8:13am | 1017Read More...Following the previous eight months of lockdown measures, social distancing, and constant vigilance against the threat posed by COVID-19, business owners are still acclimating to how to conduct their businesses safely and effectively. It’s a process that has become even more harrowing due to...
