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More lenders and governments should partner with community development financial institutions to ensure aid reaches minority-owned businesses that are the backbone of many neighborhoods slammed by the coronavirus.November 30Founder and ChairmanNext Street
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With the COVID-19 pandemic creating unprecedented challenges for small businesses, American Express has increasingly targeted its investments in that niche.October 23
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The card giant could pay $850 million in cash for the online small-business lender, according to a person familiar with the talks.August 11
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The extension to Aug. 8 was offered by Sen. Ben Cardin, a Maryland Democrat, and cleared the chamber by unanimous consent. The House has yet to take up the bill but could pass it as soon as Tuesday night.June 30
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A blueprint that includes more CRA and tax credits for lower-income African Americans would help a demographic disproportionately harmed by the coronavirus pandemic.June 19Founder, Chairman and CEOOperation HOPE Inc.
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Bankers have become more uncertain about how to serve marijuana businesses owing to confusion about which states deem them essential.June 4Senior AdviserFS Vector
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It's time for agencies like the Small Business Administration to stop playing catch-up and invest in state-of-the art technology.May 5CEO and Co-founderAlliance for Innovative Regulation
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Fintechs in the payments industry saw problems coming when the CARES Act’s SBA Paycheck Protection Program opened the floodgates for millions of coronavirus-stricken small businesses to apply for loans.April 28
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Lawmakers should approve a program to distribute stimulus funds using a government-sanctioned coin, which would be speedier than the current system.April 28Director of ContentPolyient Labs
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The SBA’s Paycheck Protection Program is nearly depleted, but there are ways small banks and fintechs, with help from Congress, can remedy the situation.April 21CEO and Co-founderAlliance for Innovative Regulation