Small Business Trends News & Updates to Stay Ahead Small Business Trends News & Updates to Stay Ahead

News & Press

Topic

Black Lives Matter

We stand with everyone calling for an end to racism and injustice and to affirm: Black Lives Matter.

70% of restaurants might not survive COVID

For those of us fortunate enough to be able to work from home, everyday life is complicated, difficult, and worrisome. However, we still get to mobile order our favorite pizza or Chinese food for dinner. We still get to stop by and grab coffee at a drive-through on the way home from picking up groceries.…

customer service rules

The CRA Should Be Strengthened, Not Diluted

On May 20, 2020, the Office of the Comptroller of the Currency (OCC) announced its final rule on the agency’s regulations under the Community Reinvestment Act (CRA), just 40 days after the public comment period ended.

Nonprofit small business lender prepares COVID response

Many Opportunity Fund small business clients like Tamales Los Mayas, which sells thousands of tamales at Golden State Warriors games, to a local school district and at most of the Bay Area’s biggest tech companies, will require support as they suffer a drop in consumer demand.

OCC and FDIC’s Proposed Rules Would Weaken CRA

Earlier this week, the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) released their plan to modernize the Community Reinvestment Act (CRA). The two governing bodies are soliciting feedback on their proposals, due mid-February. This is our first statement on the proposed changes; we will be submitting a…

Accelerating Opportunity through our Trucking Program

New emissions standards in 2010 required many of California’s older big rigs to be upgraded or replaced with new, cleaner models. This law, while enormously beneficial to public and environmental health, meant that many independent truck drivers would have to cease operating if they could not afford to retrofit or replace their trucks. We launched…