Download or read book Access to Capital written by United States. Congress. House. Committee on Small Business and published by . This book was released on 2011 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Fintech Small Business the American Dream written by Karen G. Mills and published by Springer. This book was released on 2019-03-12 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: Small businesses are the backbone of the U.S. economy. They are the biggest job creators and offer a path to the American Dream. But for many, it is difficult to get the capital they need to operate and succeed. In the Great Recession, access to capital for small businesses froze, and in the aftermath, many community banks shuttered their doors and other lenders that had weathered the storm turned to more profitable avenues. For years after the financial crisis, the outlook for many small businesses was bleak. But then a new dawn of financial technology, or “fintech,” emerged. Beginning in 2010, new fintech entrepreneurs recognized the gaps in the small business lending market and revolutionized the customer experience for small business owners. Instead of Xeroxing a pile of paperwork and waiting weeks for an answer, small businesses filled out applications online and heard back within hours, sometimes even minutes. Banks scrambled to catch up. Technology companies like Amazon, PayPal, and Square entered the market, and new possibilities for even more transformative products and services began to appear. In Fintech, Small Business & the American Dream, former U.S. Small Business Administrator and Senior Fellow at Harvard Business School, Karen G. Mills, focuses on the needs of small businesses for capital and how technology will transform the small business lending market. This is a market that has been plagued by frictions: it is hard for a lender to figure out which small businesses are creditworthy, and borrowers often don’t know how much money or what kind of loan they need. New streams of data have the power to illuminate the opaque nature of a small business’s finances, making it easier for them to weather bumpy cash flows and providing more transparency to potential lenders. Mills charts how fintech has changed and will continue to change small business lending, and how financial innovation and wise regulation can restore a path to the American Dream. An ambitious book grappling with the broad significance of small business to the economy, the historical role of credit markets, the dynamics of innovation cycles, and the policy implications for regulation, Fintech, Small Business & the American Dream is relevant to bankers, fintech investors, and regulators; in fact, to anyone who is interested in the future of small business in America.
Download or read book Small Business Access to Capital written by United States. Congress. House. Committee on Small Business and published by . This book was released on 1996 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Small Business Problems written by United States. Congress. Senate. Special Committee to Study Problems of American Small Business and published by . This book was released on 1943 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Capital Access written by Hope Drexler and published by Nova Science Publishers. This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines access to capital by young and small businesses. The purpose of the investigation is to gain a better understanding of access to capital by young firms and how the recent economic and financial crisis has affected their access to financial capital, especially among firms owned by women and minorities and firms that are high tech in nature. In light of the key role in small business finance played by financial institutions, this book pays disproportionate attention to access of bank loans. Although these issues are important, research has traditionally been limited by a lack of appropriate data. A primary obstacle has been the absence of representative samples of small businesses that contain detailed descriptions of their access to financing. The primary source of data on this question, the Federal Reserve Survey of Small Business Finances, was discontinued in 2003, and is thus unavailable for studying the effects of the financial crisis on small businesses. A second obstacle has been the tendency of researchers to analyse data on cross sections of small businesses of varying ages and sizes at a single point in time. While the findings from these snapshots have been valuable to scholars and policy-makers, they have also been limited. Because they are static, these snapshots do not capture the ways in which small business financing unfolds over the life cycle of the firm and changes over time. This book attempts to overcome these obstacles by examining the effects of the changing financial environment generally and the economic crisis specifically, on access to capital by small businesses over the 2004 through 2010 period, controlling for business and owner characteristics.
Download or read book The State Small Business Credit Initiative SSBCI written by Marcus Powell and published by Nova Science Publishers. This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The SSBCI provides funding to states, territories, and eligible municipalities to expand existing or to create new state small business investment programs, including state capital access programs, collateral support programs, loan participation programs, loan guarantee programs, and venture capital programs. This book examines the SSBCI and its implementation, including Treasury's response to initial program audits conducted by the U.S. Government Accountability Office and Treasury's Office of Inspector General. These audits suggested that SSBCI participants were generally complying with the statute's requirements, but that some compliance problems existed, in that, the Treasury's oversight of the program could be improved; and performance measures were needed to assess the program's efficacy.
Download or read book Small Businesses Access to Capital written by United States. Congress. House. Committee on Small Business and published by . This book was released on 1996 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Small Business Access to Capital written by United States. Congress. Senate. Committee on Small Business and Entrepreneurship and published by . This book was released on 2014 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Race and Entrepreneurial Success written by Robert W. Fairlie and published by MIT Press. This book was released on 2010-08-13 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive analysis of racial disparities and the determinants of entrepreneurial performance—in particular, why Asian-owned businesses on average perform relatively well and why black-owned businesses typically do not. Thirteen million people in the United States—roughly one in ten workers—own a business. And yet rates of business ownership among African Americans are much lower and have been so throughout the twentieth century. In addition, and perhaps more importantly, businesses owned by African Americans tend to have lower sales, fewer employees and smaller payrolls, lower profits, and higher closure rates. In contrast, Asian American-owned businesses tend to be more successful. In Race and Entrepreneurial Success, minority entrepreneurship authorities Robert Fairlie and Alicia Robb examine racial disparities in business performance. Drawing on the rarely used, restricted-access Characteristics of Business Owners (CBO) dataset compiled by the U.S. Census Bureau, Fairlie and Robb examine in particular why Asian-owned firms perform well in comparison to white-owned businesses and black-owned firms typically do not. They also explore the broader question of why some entrepreneurs are successful and others are not. After providing new comprehensive estimates of recent trends in minority business ownership and performance, the authors examine the importance of human capital, financial capital, and family business background in successful business ownership. They find that a high level of startup capital is the most important factor contributing to the success of Asian-owned businesses, and that the lack of startup money for black businesses (attributable to the fact that nearly half of all black families have less than $6,000 in total wealth) contributes to their relative lack of success. In addition, higher education levels among Asian business owners explain much of their success relative to both white- and African American-owned businesses. Finally, Fairlie and Robb find that black entrepreneurs have fewer opportunities than white entrepreneurs to acquire valuable pre-business work experience through working in family businesses.
Download or read book Subcommittee Hearing on Improving the SBA s Access to Capital Programs for Our Nation s Small Businesses written by United States. Congress. House. Committee on Small Business. Subcommittee on Finance and Tax and published by . This book was released on 2008 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Access to Capital written by United States. Congress and published by Createspace Independent Publishing Platform. This book was released on 2017-12-23 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: Access to capital : can small businesses access the credit necessary to grow and create jobs? : hearing before the Committee on Small Business, United States House of Representatives, One Hundred Twelfth Congress, first session, hearing held June 1, 2011.
Download or read book Federal monetary policy and its effect on small business written by United States. Congress. House. Committee on Small Business. Subcommittee on Access to Equity Capital and Business Opportunities and published by . This book was released on 1979 with total page 626 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Small Business written by Robert Jay Dilger and published by CreateSpace. This book was released on 2015-01-06 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Small Business Administration (SBA) administers several programs to support small businesses, including venture capital programs to provide "long-term loans and equity capital to small businesses, especially those with potential for substantial job growth and economic impact"1 and loan guaranty programs to encourage lenders to provide loans to small businesses "that might not otherwise obtain financing on reasonable terms and conditions."
Download or read book Full Committee Hearing on Increasing Access to Capital for Our Nation s Small Businesses written by United States. Congress. House. Committee on Small Business and published by . This book was released on 2007 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The State of Small Business Access to Capital and Credit written by United States. Congress. House. Committee on Small Business and published by . This book was released on 2011 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Small Business Access to Equity and Venture Capital written by United States. Congress. House. Committee on Small Business. Subcommittee on Capital, Investment, and Business Opportunities and published by . This book was released on 1977 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Unleasing the Power of Entrepreneurship written by United States. Congress. Senate. Committee on Small Business and Entrepreneurship and published by . This book was released on 2002 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt:
