Heard on the Street – here’s what we were reading last week:
This Entrepreneur Funded 15,000 Companies With Over $2.2 Billion In Loans: Rohit Arora launched Biz2Credit during the middle of the financial crisis. Through this difficult time, Biz2Credit began offering businesses a funding option that was fast, secure, and fully online – way ahead of its time, and right when business owners needed it the most.
OFN Small Business Finance Forum 2019 Recap: On June 18 and 19, OFN hosted its eighth annual Small Business Finance Forum for nearly 400 representatives of CDFIs and other mission-driven small business lenders and partners. Read the recap of how this year’s forum focused on innovative approaches to serving entrepreneurs facing the greatest barriers to entry, including a video of the closing plenary led by NXST CEO Marina Linhart.
Democratic Candidates Have Not Prioritized Small Business: There are two dozen contenders for the 2020 Democratic nomination for president, and currently none of them are focusing on small business as a major priority. In fact, small business and the economy seem to lag far behind immigration, climate change, gun control, health care, foreign affairs and social justice as top priorities of the Democratic field.
Building a More Ethical Blockchain: Blockchain can help with a variety of social and economic challenges—from securing identity for refugee or homeless populations to minimizing the presence of conflict diamonds in the industry’s supply chain. But at the end of the day, technology is just a tool serving an end, and one that must be handled carefully to manage the values embedded within it.