Credibly Financial News Roundup for the Week of July 27, 2015


Jeffrey Bumbales

With the world of small business finance changing so quickly, who can stay on top of it all? Here at Credibly, we sift through hundreds of blogs, news alerts, and emerging FinTech trends every day, selecting the most important industry updates so you don’t have to. Here’s what caught our attention this week: 

U.S. Small Business Loans Resume After Congress Lifts Guarantee Cap By Richard Cowan and David Lawder, Reuters
“U.S. President Barack Obama on Tuesday signed legislation renewing federal loan guarantees for small businesses that were exhausted last week and also raising the overall cap on the program. The House of Representatives on Monday unanimously approved the Small Business Administration loan program in a bill the Senate had already passed.”

Top 10 Small Cities Where Business is Thriving By Tanya Benedicto Klich, Entrepreneur
“…Top lines thrive in small cities, according to a report released today in a partnership between personal finance site NerdWallet and Entrepreneur Media. In the study, analysts reviewed 463 cities with populations from 50,000 and 100,000 to find some of the best climates in the country for entrepreneurship.”

Credibly Establishes Educational Platform, In.Credibly, to Support the Growth of Small Business America By Samantha Hurst, Crowdfund Insider
Credibly, an emerging Fintech platform that leverages data science and analytics to improve the speed, cost and choice of capital available to all small and medium-sized businesses (SMBs), has launched a new educational platform,, to help businesses evaluate working capital needs.”

States Where Regulations Harm Small Businesses The Most By Wayne Winegarden, Forbes
“…The Index creates a common platform, based on 14 regulatory components, to compare each state’s regulatory burdens on small businesses in order to highlight which regulatory environments are associated with slower small business growth, and which regulatory environments are associated with more robust small business activity.”

Survey: 65 Percent of Small Business Owners Are Optimistic About the Economy By Will Yakowicz, Inc.
“…According to a mid-year survey by Balboa Capital, an independent financing company, 65 percent of American small business owners ‘feel the economy will perform better’ during the second half of 2015. The survey, which queried 35,000 business owners across all 50 states, also found that 48 percent of respondents believe the end of 2015 will be marked by ‘higher growth.'”

Financial Services Law – July 2015 by Mick Grasmick, et al, JD Supra Business Advisor
“Raising the possibility of regulation, the Department of the Treasury has published a Request for Information (RFI) regarding online marketplace lending (also called peer-to-peer lending), seeking public comment on the various business models and products offered by such lenders to both small businesses and consumers, the potential for the market to expand access to credit to historically underserved segments, and how the regulatory framework should evolve to support the “safe growth” of the industry.”


Have you checked out our new small business education blog, In.Credibly?

Over at we’re helping small businesses evaluate their working capital needs, source the right funding, and put those dollars to use more efficiently. This week we feature a great article on How and Why to Use Bitcoin for Your Small Business.