News & Insights

News Banner
Main

Posts Tagged 'Working Capital'

We are pleased to present below all posts tagged with 'Working Capital'. If you still can't find what you are looking for, try using the search box.

Integro Bank Awarded Preferred Lender Status by the U.S. Small Business Administration

The U.S. Small Business Administration has issued delegated authority to Integro Bank, an esteemed status within their Preferred Lender Program (PLP). The PLP status is the most desirable accreditation that a bank can receive for small business lending.

Unveiling Challenges for Minority-Owned Businesses in 2024

The 2022 Annual Business Survey (ABS) revealed that there were around 5.9 million employer firms in total. Out of these, 1.2 million (21%) were owned by minorities, 304,823 (5.2%) were owned by veterans, and approximately 1.3 million (22%) were owned by women. These businesses together generate over $1.8 trillion in revenue and employ 6.3 million workers. However, some minority-owned businesses are facing challenges that are holding back their growth. Bank of America's 2022 Women & Minority Business Owner Spotlight highlights that 46% of Women & Minority Business Owners have faced difficulties in accessing capital, among other challenges. Minority-owned businesses should remain vigilant and watch out for these challenges in 2024.

Unlocking the Path to Small Business Success: Overcoming Capital Challenges and Embracing Financial Growth

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.

Working Capital for the Dental Industry

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.

Curious about Integro360SM?

Learn More

View Our Credit Card Options

Business  Personal

Integro Logo in White

Helping small business maximize growth and employment.

©Copyright 2024 Integro Bank. NMLS #2386353. All Rights Reserved.