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Best practices for credit risk management in uncertain times

Abrigo

Coming out of a global pandemic, financial institutions are navigating how to remain profitable amid government interventions, record inflation numbers, and rising rates. In a recent Abrigo webinar, four experts weighed in to pinpoint the following areas for focus and improvement in 2023. Cultivate talent. Digitize processes.

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Comparing The SBA 504 And 7a Loan Programs

Lendio

The Small Business Administration (SBA) provides attractive loan programs for small business owners. If you’re a small business in search of financing with low rates and lengthy repayment terms, SBA loans are definitely worth considering. As you research the various SBA loans out there, you’ll come across SBA 504 loans and SBA 7(a) loans.

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SBA Loan Qualification Requirements: How To Get An SBA Loan

Lendio

For example, when you look at the $85 billion invested by venture capitalists in 2017, businesses led by women only received about 2% of that total. When it comes to small business loans, the US Small Business Administration (SBA) isn’t just a federal agency. It’s an institution. Overall, funding is up for minority and female entrepreneurs.

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104 Small Business Grants (And Growing!)

Fundera

Most federal small business grants go to one of a few places: larger companies, because few people want to pay taxes to fund small businesses across the country; research and development programs, to finance scientific progress and national initiatives; and state and local departments, which in turn give that grant money to small businesses.

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The most important SAP skills for 2023 – and how to gain them

SAP Credit Management

In addition, already in 2021, 28 occupations ranging from construction and healthcare to engineering and IT had shortages, showing a growing demand for both high and low-skilled workers. There is also low representation of women in tech-related professions and studies, with only 1 in 6 IT specialists and 1 in 3 STEM graduates being women.

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Encore Entrepreneurs: The Guide to Starting a Business Later in Life

Fundera

In my honest opinion, the available methods were less than effective, so I constructed my own solution—essentially a Google-like search engine for used boat parts. According to nonprofit group Project Equity, individuals born between 1946 and 1964 own over 2.34 million small businesses , employing almost 25 million people nationwide.

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Top 5 Decision Management Posts of 2022: AI and Digital Jane

FICO Blog

Women in AI: Diversity Can Lead to Better Models. . On the United Nations International Day of Women and Girls in Science , FICO’s Louise Lunn discussed one of the real challenges in AI, fighting the bias that can be coded into the models themselves. Big Opportunities for Women in AI. Saxon Shirley. Wed, 05/25/2022 - 03:43.