News & Insights

In the last two decades, the number of women entrepreneurs has increased by an impressive 114%. Recent data from 2020 indicates that 47% of women started a business, compared to 44% of men. As of 2023, there are now over 9.4 million women-owned and women CEOs businesses in the United States. This growth is a positive reflection of the increasing visibility of women CEOs and entrepreneurs in various regions.

Read the rest of entry »

Arizona is emerging as a key hub for EV development and adoption. The state's favorable conditions, such as a supportive regulatory environment, abundant renewable energy resources, and a growing charging infrastructure, have attracted electric vehicle companies with major operations or planned operations in Arizona. Companies such as Lucid Group, Nikola Motor, Electra Meccanica, and Zero Electric Vehicles have recognized the potential of Arizona as a strategic location for their operations. These companies bring cutting-edge technologies, innovative designs, and sustainable transportation solutions to the state, contributing to the growth and advancement of the electric vehicle industry.

Read the rest of entry »

Women-owned and women CEOs businesses have emerged as a formidable force in the global economy, driving innovation, creating job opportunities, and making significant contributions to various industries. With their unique perspectives, entrepreneurial spirit, and unwavering determination, women entrepreneurs are reshaping the business landscape and inspiring a new generation of leaders.

Read the rest of entry »

Running a small business in the past year has taken a toll on the entrepreneurs. Nearly half (42%) of small business owners say they have experienced burnout in the past month, with 24% saying they are currently experiencing burnout, a syndrome resulting from chronic stress at work that is characterized by overwhelming exhaustion, negative attitudes, or a lack of commitment with clients and dissatisfaction with job performance.

Read the rest of entry »

According to a study from Kauffman Foundation, 83% of entrepreneurs face challenges in accessing the capital market when starting their businesses. This has often led entrepreneurs to use their savings or investments from family members to get their ventures up and running.

Read the rest of entry »

The CEO/ Entrepreneur brain often fires at a faster rate of speed and for longer periods of time than most people. As a result, it increases the stress on the body and mindset. This leads to a brain that can’t shut off at night causing adrenal fatigue, sleep issues, lack of presence with the family, and much more. You can retrain the brain and regulate how it fires. This talk will give you the tools and go through the exercises to learn how to do just that.

Read the rest of entry »

Local community banks play a vital role in the economic and social fabric of communities. Community banks focus on serving the needs of their local communities. They provide essential financial services to individuals, small businesses, and local organizations. By offering loans, mortgages, and credit facilities, community banks help stimulate economic growth, create jobs, and support local entrepreneurship.

Read the rest of entry »

Working capital loans are a type of financing that can be useful for dental practices to manage their day-to-day expenses, such as rent, payroll, supplies, and other operational costs.

Read the rest of entry »

The SBA has unveiled its newly finalized plan to streamline eligibility determination for SBA-backed loans while also implementing a new fraud review on all loans. By bringing eligibility determination in-house through new technology, the SBA will reduce the burden on SBA lenders and streamline operations, which will free up more lenders to focus on their customers and expand their capacity to increase lending.

Read the rest of entry »

There's an enhanced interest in SBA-government loans because even though interest rates may be higher, you can amortize it over a longer period, which makes it more affordable because the monthly costs can go down. It's an attractive feature that provides a little more flexibility in underwriting and approving loans because the SBA program is specifically designed to help small businesses. We're a big SBA lender and we're seeing more interest in those types of loans.

Read the rest of entry »