#Micro Lending Companies in USA
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Funding Circle Limited: Empowering Micro Businesses and Fueling Growth in US Micro Lending Market
Funding Circle Limited is one of the leading players in the US micro-lending market with a global presence in countries like the United Kingdom, Germany, and the Netherlands. Funding Circle Limited has helped ~1,18,000 businesses worldwide with a loan distribution of $1.13 Bn.
STORY OUTLINE
The company recorded a revenue of $155 Mn in the year 2022 with a working strength of 1100 employees.
In 2022 alone the company allotted $2Bn amount of credit to small and medium-sized businesses.
Recently, the company raised $37 Mn of venture capital funding from another micro-lending institution named Accel Partners.
According to Ken Research: America is one of the world’s biggest markets for micro-lending with a significant market value. In America, there are a total of 80 Mn active customers in the micro-lending market which includes 50% of female clients. Funding Circle Limited is one of the market leaders in the US micro-lending market with a strong presence over the country. Currently, the company serves around 1,18,000 small and medium-sized businesses.
1.Overview of Funding Circle Ltd.
Funding Circle was founded in the year 2010 by three partners Sameer Desai, James Meekings, and Andrew Mullinger. The company offers products such as Business Loans and Commercial and Industrial Loans for small and medium-sized enterprises.
The company recorded a revenue of $155 Mn in the year 2022 with a working strength of 1100 employees.
The company’s headed by CEO Sameer Desai and it headquarter is located on Queen Victoria Street, London, United Kingdom.
The company spends 3% of its earnings on the CSR (Corporate Social Responsibility) fund annually.
2.Funding Circle’s Position in US Micro Lending Market
Funding Circle Limited is one of the major players in the US micro-lending market. The company has distributed ~$19 Mn in small loan amounts to small and medium-sized enterprises across the country.
In 2022 alone the company allotted $2Bn amount of credit to small and medium-sized businesses which was a record for the company.
The company has ~$3 Bn outstanding loans under management globally and it has sustained ~1,00,000 jobs in 2022.
Click here:- Amount of credit provided by Funding Circle
3.Major Competitors of Funding Circle in the US Micro Lending Market
On Deck Capital Inc, American Express Kabbage Inc, LendingClub Bank, Zopa Bank Limited, Biz2Credit Inc., Lendio Inc., Bluevine Capital Inc., Fundera Inc. (NerdWallet), and StreetShares Inc are some of the major players of the US micro-lending market.
The American Express Company unveiled a line of financial service products for microbusinesses in 2022. The business has experienced tremendous returns of 70% over the past three years.
Lendio Inc. has unveiled a new mobile app with capabilities like access, analytics, and capital analysis to help small businesses.
Know More about this Report:- Request for a sample report
4.Expansion of Funding Circle in the US Micro Lending Market
Recently, the company raised $37 Mn of venture capital funding from another micro-lending institution named Accel Partners. This funding circle is to grow the business in US micro-lending market and expand the range of products its offers.
In 2020. The company raised another $100Mn from several investors like Baillie Gifford, DST Global, Index, Ventures, Ribbit Capital, Rocket Internets, Sands Capital Ventures, and Temasek.
Funding Circle raised $65 Mn from its equity shares to further strengthen its international growth of marketplace lending.
5.Market Strategies of Funding Circle in the US Micro Lending Market
The target audience for Funding Circle is small and medium-sized enterprises that require frequent funds to support their business and other activities. The company has supported around 20% of country SMEs in 2022.
The company worked together with government agencies during the time of covid-19. The company helped many SMEs during the pandemic from the bankrupt situation and lends ~2 Bn loan amount in 2020 alone. It was one of the largest lenders during the pandemic under the CBILS (Coronavirus Business Interruption Loan).
The company is planning to diversify its customer base as it has announced to distribute loans to individual proprietors, medical patients, and farmers from next year.
Conclusion
Within the dynamic landscape of US micro-lending, Funding Circle has developed as a frontrunner, encouraging the desires of small and medium-sized ventures. With an exceptional presence crossing nations and a commitment to corporate social responsibility, Funding Circle's journey is stamped by development and impact. The company's considerable loan distribution of $1.13 billion to over 118,000 businesses globally stand as a confirmation of its viability. As Funding Circle proceeds to grow its impression and offerings, its collaboration with government offices amid the pandemic and plans to expand clientele highlight its part in driving financial flexibility. With visionary leadership beneath CEO Sameer Desai, Funding Circle's commitment to businesses' development and well-being is reshaping the forms of micro-lending, cultivating a flourishing environment for business people over the United States.
#Emerging Players US Micro Finance Sector#Major players micro loan market USA#Retailers in Micro Lending Market#USA Micro-credit Market#Micro Lending Market forecast#US Micro Lending Market competitors#Micro Lending Market opportunities#Biz2Credit market Growth#Challenges in US Micro Lending Market#US Micro Lending Market Growth Rate#Micro Lending Companies in USA#US Micro Lending Market future Outlook#US Micro Lending Sector
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Hartman: The Wannabe King of the “Seven Mountains”
[Better looking/better formatted version on Google Docs]
A couple of days ago while, sitting back, relaxing along with eating some popcorn while enjoying the unfolding Oaxis drama I came across this tweet that talked about how a network by the name of Daystar, that was associated with Butch Hartman, supports a “Christian” cult by the name of Bethel Church.
While that sentence alone of Hartman playing a game of Six Degrees of Kevin Bacon with a literal fucking cult would have been the ridiculous icing on the cake on this whole trainwreck, I ended up becoming curious and went down the rabbit hole so to speak. The horrible, horrible right-wing “Christian” rabbit hole. Thank God for private browsing let me tell you… Basically what I found out was while Hartman had no definitive ties to this Bethel Church (which let me tell you the stuff that I read about it was really…something. I suggest reading this Buzzfeed article about their actual real-life-i-am-not-joking school named Bethel School of Supernatural Ministry, which is basically and again I am not fucking kidding the right-wing “prophecy” and “faith healing”-focused version of Hogwarts) and he and his family only did a short interview with Daystar, I did however find some interesting facts about the company that Hartman and his family keeps along with his ties to another evangelical ministry which…let’s be honest still sounds like a fucking cult.
Like let me tell you this post’s got everything: homophobic bullshit ministries tied to what is essentially considered to be an “evangelical mecca,” an unaccredited two year “bible college” where you gotta pay over $4,000 too much each school year for what is not a legitimate degree, Hartman’s NOOG Network being used to help fund said “bible college,” “faith healing,” and a fucked-up-when-you-think-about-it religious doctrine/end-game master plan of Evangelical/Charismatic churches that even the most over-the-top super villain would call cliche.
Anyways if you want the short version, Hartman’s whole indoctrination plan using Oaxis goes a lot deeper than that and is directly tied and influenced by an evangelical practice called “The Seven Mountain Mandate” where seven different facets of society need to be controlled and influenced by their version of “Christianity” in order to create a perfect and “Godly" world with one of those facets being that of “arts and entertainment…” I’m going to warn you right now this is going to be extremely long but hopefully worth it in the end.
So shall we begin? (Also RIP mobile users)
Before I get into the meat of the details, let me go more in depth as to what “The Seven Mountain Mandate” is. According to GotQuestions.org, an online “ministry” made up of people from various Christian sects, answering people’s questions about Christianity, this is what it is all about:
“The seven mountain mandate or the seven mountain prophecy is an anti-biblical and damaging movement that has gained a following in some Charismatic and Pentecostal churches. Those who follow the seven mountain mandate believe that, in order for Christ to return to earth, the church must take control of the seven major spheres of influence in society for the glory of Christ. Once the world has been made subject to the kingdom of God, Jesus will return and rule the world.
Here are the seven mountains, according to the seven mountain mandate:
1) Education
2) Religion
3) Family
4) Business
5) Government/Military
6) Arts/Entertainment
7) Media
These seven sectors of society are thought to mold the way everyone thinks and behaves. So, to tackle societal change, these seven “mountains” must be transformed. The mountains are also referred to as ‘pillars,’ ‘shapers,’ ‘molders,’ and ‘spheres.’ Those who follow the seven mountain mandate speak of ‘occupying’ the mountains, ‘invading’ the culture, and ‘transforming’ society.”
Yeah so holy fuck this is like some Illuminati bullshit right here. Well, some Sunday school Illuminati bullshit but still kind of troubling none-the-less.
The website also goes on to say,
“The seven mountain mandate has its roots in dominion theology, which started in the early 1970s with a goal of ‘taking dominion’ of the earth, twisting Genesis 1:28 to include a mandate for Christians to control civil affairs and all other aspects of society. The New Apostolic Reformation, with its self-appointed prophets and apostles, has also influenced the seven mountain movement, lending dreams and visions and other extra-biblical revelations to the mandate.
The seven mountain mandate says that it is the duty of all Christians to create a worldwide kingdom for the glory of Christ. Teachers in the movement use Isaiah 2:2, which mentions mountains, in an attempt to support their view: ‘In the last days the mountain of the LORD’s temple will be established as the highest of the mountains; it will be exalted above the hills, and all nations will stream to it.’ The principal goal of dominion theology and the seven mountain mandate is political and religious domination of the world through the implementation of the moral laws—and subsequent punishments—of the Old Testament.”
So let’s go over the facts again about good ol’ Elmer’s Oaxis streaming service. The same day Hartman’s kickstarter was funded, a video of him talking at a Lance Wallnau’s conference in Lone Tree, Colorado, by the name of “Wealthbuilders” surfaced. Now you may be asking; who in the fresh hell is Lance Wallnau, well to know a little bit more about Wallnau here’s what he says about himself on his website:
“Dr. Wallnau is an internationally recognized speaker, business and political strategist. USA Today reports that he is one of only three evangelical leaders to have accurately predicted Donald Trump's Presidency. Dr. Wallnau's best selling book, ‘Gods Chaos Candidate’ is credited as being the catalyst that mobilized thousands of Christian's to vote for Donald Trump and contributed to Trumps unprecedented election victory.”
I also highly doubt that he has actual doctorate in theology but that’s just me.
This dude also of course,
loves Milo Yiannopoulos
and last year in March, according to Right Wing Watch he,
“…claimed Alt-Right troll Milo Yiannopoulos for Jesus Christ and prophesied that he will one day be leading revivals on college campuses.
Wallnau said that he began listening to Yiannopoulos in the wake of the controversy regarding his comments condoning pederasty and found him to be a brave truth-teller who ‘is exposing the tyranny and fascist spirit behind the progressive left.’ Yiannopoulos is like 'a prophetic fencer just scoring point after point,’ Wallnau said, which is why the left is out to destroy him.”
That...is a loaded fucking statement right there if I’ve ever seen one...
“But the left will not destroy him, Wallnau predicted, because Yiannopoulos is going to undergo a radical religious conversion and lead an army of millennial prophets who will take on the left.
‘I’m claiming Milo in the name of Jesus for the Kingdom of God,’ Wallnau declared. ‘Just like [Donald] Trump was an unlikely candidate for us as a deliverer in the presidency … God hid himself in Trump, I think God is hiding himself in Milo and I’m calling him out in Jesus’ name to salvation.’”
So fucking yeah…there’s that…Ohhhhhh and it gets even better…so going back to Got Questions, guess who’s movement’s biggest influencer is and who basically started it all…That’s right it’s troll boy’s biggest fanboy,
“Lance P. Wallnau coined the term seven mountain mandate and is its most prominent teacher. Wallnau adapts the missionary mandate of Jesus to His disciples to ‘go and make disciples’ of all the nations into a mandate to effect social transformation. He reasons that, since churches already have a presence in every nation in the world, we need to now concentrate on influencing the systems (the ‘mountains’) within these nations. The problem, according to Wallnau, is that Christians are not currently influencing society outside the church. Christians have left the mountains susceptible to the ‘gates of hell,’ which are spiritual portals over the ‘kings’ (influence-shapers) of those mountains.
Wallnau’s teaching is loosely based on the Abrahamic Covenant, which promised Abraham a seed and a lasting inheritance. Also, Israel was promised in Deuteronomy 28:12���14 to be the ‘head and not the tail' among the nations. Proponents of the seven mountain mandate infer that the church, not Israel, is the entity to claim that promise. It is now up to believers to move in proximity to the ‘gates of hell’ and position themselves to exert the greatest amount of influence. The church then needs to be dissected into ‘micro components’ and infiltrate the mountains. Since every Christian can’t position himself at the top of every mountain, each individual is to find his particular smaller peak and be a leader in that realm.”
Yeah…
Anyways, Wallnau’s “Wealthbuillders” is a “business” conference that claims that it could help a person get out of debt, discover “God’s plan” for them, and how to “influence,” make a “difference” and how “..to know which of the Seven Mountains...” they’re “...meant to impact.”
This conference and the video of Butch laying out his “plan” also surprisingly enough happened back in February. And I just love how literally right off the bat, like 30 seconds in, he starts talking about the “Mountain of Arts and Entertainment” and how Lance Wallnau gave him and his wife the idea. Some other choice quotes are:
“We’re gonna save culture. We’re gonna save families. We are going to speak to them in parables…” Time stamp 12:37
“We’re gonna win freakin’ awards for our programming in order to make a dent …We’re gonna make a dent in this mountain of entertainment I promise you and the minute I put this up people will flock to this…” Time stamp 17:48
“We must win back our future, and like Lance says, ‘We are the stone that is gonna slay the giant.’” Time stamp 18:29
Also I haven’t seen other people talk about this but there were also two other Evangelical talk shows that both he and his family (particularly his wife who is heavily involved in the promotion of Oaxis) appeared on in early July. One was his and his family’s (including his two daughters) appearance promoting Oaxis on the aforementioned Daystar Network’s “Marcus and Joni” show on July 16th with the timestamp starting at 6:19 (and here’s a link to a youtube clip if you don’t want to give them the clicks), that I mentioned earlier. Daystar is one of America’s largest religious networks with close to 100 affiliates (specifically 94) all across the US. Also fun fact: Marcus and Joni are married and Marcus being the “good and moral Christian” that he is, had an extramarital affair a while back, had to pay blackmailers millions in dollar to keep quiet about until he was forced to admit said affair in order to stop them, which then culminated in Daystar getting sued by a former executive who stated that knowledge of the affair caused her “...great emotional pain.”
Moving on, in this video it you’ll see the same egotistical thing about how Hartman claims that “…God told me to start this new network…” and “God told us to launch this Kickstarter…”
His wife Julieann also states this interesting little tidbit,
“Yeah I feel that, you know, Christians have been pushed into a corner when it comes to entertainment. That we can’t watch this and we can’t watch this and it’s like why is that? So that’s why we’ve created this. It’s gonna be amazing. You know I’m a mom of two daughters and you know I was helicopter mom, and I still am even though they’re adults. But you know we’ve gotta watch because they sometimes, you know, they don’t realize what they’re watching and what they’re getting into. And so it’s really important that we have a streaming service like this to where you can put your kids in front of; your adult kids in front of; your teenage kids in front and say ‘you know what I’m safe at home right here at Oaxis…at Oaxis entertainment…’”
So wait, according to her even full-grown adults still have to stay under the thumb of their parents and you think that even though they’re adults they’re still not mature enough to sort through the kinds of media that they want?? Jesus Christ and here I thought my parents were overprotective.
Now the second interview that Hartman and his wife did (and which actually at an earlier date on July 2), was appearing on the “Truth and Liberty” Youtube live cast, by the name of “Animator Butch Hartman: Teen Suicide, Depression & Impacting Cultu [re]” (yeah they deadass ran out of room to write the title) [EDIT: VIDEO HAS BEEN DELETED] of yet another slimy self-proclaimed “Christian,” by the name of Andrew Wommack.
Now Wommack and Wallhau are terrible people BFFS along with being BFFs to the Hartman family due to his past history with Hartman’s wife that I will get into in a bit. He’s also of course a bit of an infamous homophobic evangelical preacher.
“If the radical LGBT community uses this as a platform to start further suppressing the religious liberties of Christians—which I’m sure is coming—then this could cause a backlash against their radical agenda by so many people that it could bring America back to her senses.
The true hate speech today is not from Christians against homosexuals; it is the other way around. The homosexual community are the ones who hate Christianity and any moral standards. They are the ones who are truly intolerant. Beneath all the rhetoric is a true hatred for Christianity, the Bible, and all the moral restraints they impose. This is the spirit of antichrist that is working in the whole earth (1 John 4:3).” - from “Andrew’s Response to the Supreme Court’s Decision, June 26, 2015” Andrew Wommack Ministries Blog
Oh and he has just as interesting views on suicide as Elmer does~
“This isn’t a disease for which we have no cure. This is totally preventable, but not by teaching people how to cope better, having more drugs for treatment of mental illness, or staging more interventions by friends and family. Those are just treating the symptoms. In order to treat the problem, we have to correctly diagnose the cause.
The root problem is that our society has unleashed pure evil into our culture through promoting immorality and sin through media, schools, and government while marginalizing Christianity and its godly influence. We’ve had a major departure from the moral standards that held evil in check for hundreds of years in this nation, and now we are paying the price.”
He is just as much as Wallnau is, all about the Seven Mountains let me tell you that. So much so that he owns an “entrepreneurial” company by the name of 7M Ventures, Inc. which falls under the umbrella of his main brand of Andrew Wommack Ministries (where he has congregations all over the US and the World) and his website by the name of TruthandLiberty.net. In 7M Ventures, Inc.’s main description on twitter, it talks about how it’s “…focused on influencing the world and providing income to fund ministry growth.”
And presented without comment
Anyways, going back to the Hartman interview, here’s some “choice” quotes and things that happened in this video.
Time stamp 00:00 INTRO: “We believe we have a mandate to bring Godly change to our nation and the world through the seven spheres or mountains of influence…”
Time stamp 02:05 “So tonight we are going to be about talking about the ‘arts and entertainment’ mountain because ‘truth and liberty’ is really about all the seven mountains.” -Karen Conrad, co-host
Time stamp 5:30 “…And I really think that looking at the entertainment mountain these days I think we really are in need of a lot more family entertainment…”
Hartman also goes more into detail about how Wallnau gave him the inspiration for Oaxis at 5:45:
“Lance Wallnau and I was up talking about the mountain of entertainment and how a lot of Christian people; and we’re Christian people, are kind of intimidated by Hollywood and things like that; they just want Hollywood to just go away. And we looked at each other and went ‘we gotta go…got to go in and at least bring an option into Hollywood that; not there’s no family friendly entertainment out there but it’s sort of treated like the kids table at Thanksgiving. Like it’s not taken very seriously, um, as much as I think it should be and a lot of other stuff is out there that I think, you know, maybe a lot of kids and families don’t really want to watch. And so we thought, you know, we should do we should a streaming service just for the family…”
Time stamp 7:33 Julieann talks about doing a “news program” for the Oaxis network where it will only talk about “positive” news stories
Time stamp 10:20 Hartman basically insinuates that the reason why teen suicides are up so much is because of phones.
Time stamp 11:55 Hartman basically insinuates that Oaxis will lower suicide rates by affecting the mountain of arts and entertainment.
Hartman in general just repeatedly mentions the mountains and affecting them.
Time stamp 20:19 “…And we know that we’re not gonna limit God. We’re not limiting Him at all.”
Time stamp 23:24 “…We love Jesus and but we want to put Jesus in our shows. I believe that you can reflect Jesus in your content without saying the word ‘Jesus.’”
Okay now Hartman’s just flat out admitting that he believes that his scam of a “network” will affect suicide statistics… “Then I believe that those suicide rates might go down…” at Time stamp 27:04
Time stamp 31:05 From his wife Julieann, “Could you imagine living with that? Of knowing that maybe someone killed themselves because they watched your show?”
Ohhhhhhhh, oh honey. Both of y’all just gonna ignore what happened last year now aren’t you?
Moving on...
Time stamp 34:40 “When I did shows at Nickelodeon, I did all my cartoons. And I couldn’t say the word ‘Jesus’ in them. I couldn’t say any of that because the network wouldn’t put it on. But I could put Jesus’ principles in there…”
Listen... people have already scraped the bottom of the barrel in regards to this for jokes but, you greenlit fairy m-preg. You, yourself helped to write said fairy m-preg. Never forget the fairy m-preg Butch. Because we sure as hell won’t let you.
Also nice to see that his wife shares his flip-flopping views on things At 36:40 when asked by one of the hosts who’s fielding a similar question from two different people about how different is Oaxis from other services such as “Pureflix” and “Faith and Family,” she answered, “Well number one we are not a Christian network. So it’s not going to be faith-based programming.”
She also goes on to say that they’re going to be challenging the writers to create something that’s just as compelling, but just without all the bad stuff. In other news, local woman does not know understand the reason why narrative conflict, along with the tragedy and drama genres have to exist when we can just be happy all day, everyday. More at 11.
Hartman and his wife also talk about how they learned that from Andrew Wommack and how Hartman and him met primarily through his (Hartman’s) wife. Which brings me to how exactly Julieann and Wommack exactly got connected. In the first minute or so Wommack talks about how Julieann, a woman who became a born-again Christian at age 27, was actually one of their “healing journeys” and she once dealt with fibromyalgia and “…many other things…” but through the power of “faith healing” she “successfully” overcame all of her problems after spending over thousands of dollars on different doctors and treatments.
“And Jesus just healed you” Andrew Wommack said to Julieann who immediately confirmed his statement.
Now what the other issues that she was dealing with that aren’t mentioned in this video are various mental issues primarily being anxiety.
“Julieann suffered with the mental anxieties she had always battled, but this time she had physical symptoms as well. Every day she struggled with chronic flulike symptoms, body aches and pains, random numbness and twitching. The Hartmans spent tens of thousands of dollars on medical and alternative treatments trying to help Julieann. Her life became consumed with visiting specialists and worse—diagnosing herself via the Internet.” from “Julieann Hartman: A Fearless Woman of Faith” Andrew Wommack Ministries Blog
Also I just love this quote from her about how she was before she got introduced to Wommack…
"The funny part of this was that even if a doctor would give me medication, I wouldn’t take it because I felt that I was not being in faith. It was crazy!”
…There…is a lot to unpack there, so I think I’ll leave it at that…moving on…
“During a trip to Texas to celebrate Thanksgiving in 2009, Julieann stumbled across Andrew's Gospel Truth program on TV. Within seconds she dismissed Andrew wondering aloud, ‘Who could listen to him? I would fall asleep.’ Six months later however, she came across Andrew again. This time, she heard Andrew say something that grabbed her attention and went straight to her heart. Andrew was sharing things Julieann had never heard before and she was captivated.
Julieann went to Andrew's website and began downloading his teachings and ordering materials. ‘I took two weeks, cleared my schedule, and I didn’t leave my house. I listened to Andrew, I watched Andrew, I prayed, I read and I spoke to my body! I was filled with so much peace and joy! I also enrolled in the Online Charis Bible College. I immersed myself in the Word! The Word came alive in me and my symptoms started to change,’ said Julieann.”
So yeah, there’s that. Also keep the Charis Bible College in the back of your mind…we’re gonna get to that soon because Hartman’s wife ain’t the only one involved with that.
“‘I don’t know what the teaching was, but it was him saying that there was a man who had Parkinson’s. And so Andrew says, ‘So, I say to him, ‘Just tell your hand to stop shaking’. . . . So [the man] said, ‘Hand, stop shaking.’ And it did!’ Julieann continues, ‘So, I’m watching this going . . . what? But there was something about it that . . . just caught me.’”
So basically from there she went on a Wommack bender and absorbed everything that he’s ever said and done, and the rest is history. She and her whole family became obsessed with him and his “teachings.” Even talking about how they watch his videos all the time. Also about how much she wanted her two daughters to go to Charis Bible College, and they later did.
“From that revelation, Julieann started claiming the healing that already belonged to her. ‘I walked through my hallways going, ‘In the name of Jesus, stop being numb. Numbness, you are dead. You get out of my body now in the name of Jesus! Get out of my body! Pain, back pain, get out of my body! I don’t care what’s been spoken over me or whatever anybody told me or said I have. In the name of Jesus, I rebuke all of that and, body, you come back to life now!’’
Although Julieann said all the right things, her healing did not come all at once. Undeterred, she continued to press into God’s Word until, little by little, all her symptoms melted away. ‘It was a progressive healing, but the only reason it was progressive is because I made it progressive.’ Julieann continues, ‘It wasn’t just the healing on the outside. It was teaching me about who I was in Christ, and that was the missing link.’”
There is still a lot of things to unpack here…
Time stamp 46:29. Wommack also talks about how both of Hartman’s daughters went to Charis Bible College.
[Instagram Post from Hartman’s youngest daughter’s (Sophia Hartman) graduation this past May. Pictured here: Julieann Hartman, Butch Hartman, Andrew Wommack, Jamie Wommack (his wife), Sophia Hartman, and Carly Hartman]
Hell, in the infamous “Wealthbuilders” video that brought him public outrage, Hartman also admitted that both of his daughters (at the time in February at Time stamp 1:29) were students there. Now what exactly is Charis Bible College? CBC, or Colorado Bible School as it was originally known as, is a 2-3 year “school” which is,
“Focused on educating the body of Christ about who God is and who He is in His saints. Charis Bible College is equipping the saints for the work of the ministry, training disciples to go out and share the Gospel with the rest of the world in the way God has uniquely called each individual to do it.”
It has over 16 locations in both the US and across the world, with the main campus being in Woodland Park, Colorado.
It’s also unaccredited.
Oh and their application fee is $100 (which of course is non-refundable and Jesus fuck is 2x more than I had to pay for my own application fee to apply to fucking graduate school) and the cost of an individual’s tuition paid in advance is at least $4,500, which for an uncredited, basically useless degree is still $4,500 too much.
But hey, “mountain of education."
Also going back to Hartman’s wife. In the video of her “healing journey” she states something rather interesting at times stamp 9:34...
“So we started the NOOG Network; it’s N-O-O-G Network and we call it a safe place for kids. What we wanna do is, the money that comes from the network is gong right into the dorms…” And she basically talks about whatever else too. “I am so on board with his vision.”
So...I don’t know exactly how to look up financials and donations for groups and such, and I’m surprised that the NOOG Network even fucking got off the ground, but the fucking implication...If any of y’all have downloaded the app... probably been forced to sit through ads which bring in revenue for the owner (aka Hartman)...and the app page says it has in-app purchases...I’m sorry you may have helped fund Charis Bible College dorms or whatever else Andrew Wommack desires, and as the Narrator of the video says at 10:00,
“The NOOG Network is just one of the many ways the Hartmans are advancing God’s Kingdom.”
If you don’t know, that video is actually from at least late 2015 since it was featured in a February 2016 speech given by Butch Hartman at CBC for its 3rd year “Media School.”
He says some more interesting things. Such at 34:24,
“If you have an iphone, the NOOG Network is a network on the iphone store and it’s absolutely free. It’s free so you have no excuse.” [The app store says that it currently costs 99 cents to download] “Um, I’d like you all to download this cause this is ‘God’s Network...’
At 34:58 “You know how you guys are invested in this ministry? This [the NOOG Network] is my ministry.”
I do also want to talk about one more thing. So on the original
Oaxis Kickstarter page’s “Community” tab
I noticed that the most backers in the US came from Colorado City, CO.
Suddenly I got a weird feeling and wondered if there was any correlation or strange connection...
Oh.
Well that explains a lot. It is rather interesting when you take into account that Andrew Wommack Ministries’ main US address is in Colorado Springs as well. Not to mention, his Charis Bible School. And even Wallnau’s “Wealthbuilders” conference took place at a Marriott in Lone Tree, CO. I guess all that promoting on his show and Daystar paid off after huh, Hartman?
Anyways I think that’s it for now. I kept finding more and more fucked up insidious stuff and I’m pretty sure there’s a lot more. I just wanted people to know about this because they should. It seems that Hartman actually doesn’t want to just indoctrinate kids into these awful values, but everyone else too. And honestly, in retrospect their tagline for their Oaxis network, “Oaxis: Because we’re family” sounds cult-ish as hell... At the end of the Hartmans’ interview on Wommack show, Wommack started talking about getting people [i.e. their supporters] ready to vote [as in vote for the Christian Conservative candidates] in the Mid-term elections, and sorry if I’m going a little off-topic here but here’s your friendly, little reminder:
VOTE.
Don’t let these fake as hell “Christians” win and ruin this country even more for their 7-step-take-over-the-world plan. Hartman is just one small part of this BS.
Like I’m sorry if I’m sounding like a conspiracy nut but this “Seven Mountains Mandate” is a real fucking belief system that needs to be talked about. And it’s fucking disgusting that Hartman and his family were going to even attempt to worm their way into the minds of children and their families, filling their heads up with their “values,” which from the company that they keep, correlates more with hate than the love and acceptance that one is supposed to have when they’re a Christian. I doubt that Oaxis will become as popular and successful as Hartman kept claiming to his buddies; especially with the whole public fallout considering what happened with the kickstarter. Also only God knows if they’re even still gonna try and go through with it after the mainstream reaction that they got, but again, it’s fucked up that they even tried it in the first place.
To quote GotQuestions on the mandate again,
“The church then needs to be dissected into ‘micro components’ and infiltrate the mountains. Since every Christian can’t position himself at the top of every mountain, each individual is to find his particular smaller peak and be a leader in that realm.”
So in conclusion: don’t give them an inch. Be wary of any conservative evangelical that talks about “mountains,” “spheres,” or “pillars.” Hold them accountable and don’t let these manipulators even get close to the base of a “mountain” let alone, what they consider to be their “peak.”
Some other “fun” links:
Lance Wallnau’s Right Wing Watch tag
Andrew Wommack’s Right Wing Watch tag
2010 Box Turtle Bulletin Article “Andrew Wommack and His Ministries Are Trying to Kill You” in regards to the (currently unpassed at the time) proposed Ugandan Anti-Homosexuality Bill
#butch hartman#oaxis#danny phantom#fairly odd parents#noog network#signal boost#mAN...LISTEN#I'VE BEEN THROUGH SOME SHIT THIS ENTIRE WEEK#THIS IS OVER 20 PAGES#JUST WHEN I THOUGHT I WAS DONE I KEPT FINDING MORE AND MORE FUCKED UP SHIT#LIKE I KNOW THAT WE SHOULDN'T BE SURPRISED BUT HOLY FUCK#fucking sunday school illuminati man...#mass murder //#well it's only mentioned once in reference to what happened last year#suicide //#i got so many fucking screencaps of all of this shit and more
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Fiserv, Oracle, Accenture Profiled in Anti-Money Laundering Software Market growth is propelled by rising demand in Financial Sectors | Key Players SAS Institute Inc., FICO TONBELLER, Thomson Reuters Corporation, EastNets, SunGard and Ascent Technology Consulting
“Transaction monitoring software will continue its dominance with a share of around 50% during the forecast period. International banking systems are facing increased money laundering threats and hence major commercial banks worldwide are updating their transaction monitoring systems, which shall assist them in suspicious transaction monitoring on a real-time basis. This is expected to drive the growth of transaction monitoring systems within the global anti-money laundering software industry.”
Adroit Market Research studied Anti-Money Laundering Software Market Size by Deployment Type, by Product Type, by Application, Financial institution, by Region. The study includes global market size till 2025 along with company summaries which include company overview, product offering, and recent developments and financial overview. Increased frauds in Fintech services & digital transactions and increased spending on IT solutions by financial institutions is expected to drive the growth of market.
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Anti-Money Laundering Software Market: Key Players
Fiserv Inc. Oracle Corporation, Accenture Inc., SAS Institute Inc., FICO TONBELLER, Thomson Reuters Corporation, EastNets, SunGard and Ascent Technology Consulting.
Global Anti-Money Laundering Software Market on premise is projected to be a preferred deployment type over cloud during the forecast period. Concerns over security and data theft for cloud deployment is the reason for slower adoption. These problems are expected to be solved coupled with other benefits such as pay-per-use model and cost-effectiveness and is projected to increase adoption of cloud in anti-money laundering software. The cloud segment is projected to grow at a CAGR of 12.1% during the forecast period in the global market.
According to the United Nations Office on Drug and Crime, money laundering worldwide is estimated to be 2% of the global GDP. To counter these money laundering cases which are financing to terror activities and drug trafficking government have implemented various acts and rules in many regions for the financial institution.
North and Central America, USA Patriot Act and Bank Secrecy Act in the U.S., Proceeds of Crime (Money Laundering) in Canada and Federal Law for the Prevention and Identification of Operations in Mexico are the reason major financial institutions in the region have widely adopted to anti-money laundering software. Thus, North and Central America had the largest market in 2017 and is projected to grow at a CAGR of 8.46% during the estimated period in Global Anti-Money Laundering Software Market.
Get more details about Global Anti-Money Laundering Software Market:
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Key segments of the Global Anti-Money Laundering Software Market:
Deployment Overview, 2012-2025 (USD million)
· On premise
· Cloud
Product Overview, 2012-2025 (USD million)
· Transaction Monitoring Software
· Currency Transaction Monitoring
· Customer Identity Management
· Compliance Management
· Others
Application Overview, 2012-2025 (USD million)
· Tier-1 Commercial banks
· Tier-2 Credit & finance institutions
· Tier 3 Micro finance Institutions
· Tier-4 Loan lending institutions
Regional Overview, 2012-2025 (USD million)
· North & Central America
· Europe
· Asia Pacific
· South America
· Middle East & Africa
For Any Query on the Anti-Money Laundering Software Market:
https://adroitmarketresearch.com/contacts/enquiry-before-buying/342?utm_campaign=pranjali
About US:
Adroit Market Research is an India-based business analytics and consulting company. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
Contact Information:
Ryan Johnson
Account Manager Global
3131 McKinney Ave Ste 600, Dallas,
TX 75204, U.S.A
Phone No.: USA: +1 (214) 884-6068 / +91 9665341414
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Connected Agriculture Market Growth by Top Companies And Forecast Report to 2025
March 24, 2021: Internet of things (IoT) has eased matters by coping with supply chain and productivity cycle to assuage excessive food production in compliance with market demands. Segmentation of connected agriculture market by component comprises solution, services, and platform. Segmentation by solution includes network management, agriculture asset management, SCADA systems for agriculture, logistics and supply chain management, smart water management system, and others. Connected agriculture market by Network management includes remote monitoring, network bandwidth management, analytics and network, and application security.
Agri products and agri farming are in a development phase; thanks to county’s nation building exercise including government initiatives and spending in innovative farming techniques, procuring state-of -the art tools to indigenous farming methods. The factors assisting farming are a major expansion drive include fulfilling needs of increasing global population for food, seasonal climatic changes and asymmetry in weather forecast, and efficient water management to quell water wastage.
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By platform, the segregation continues to device management, application enablement, and connectivity management. By application, it comprises farm planning and management and agriculture finance. Farm planning is later subject to field monitoring and management, weather forecasting, production planning and maintenance, and supply chain management. Fled monitoring and management comprises livestock management and equipment monitoring and maintenance. By agricultural finance, the connected agriculture market is divided into mobile payment system, micro-insurance system, micro-lending platforms, mobile information systems, and others. By region, the market belongs to North America, Europe, Asia Pacific, MEA, and Latin America.
Smart water management systems are expected to grow at the highest CAGR in forecast period due to crop harvest requiring adequate supply of water; thereby making amends in water wastage, innovation in farming techniques, deployment of sensors, irrigation techniques - all depending on type of crop with water being channelized preventing water wastage reaping a rich haul of crops. Key target audience comprises connected agriculture software vendors, automation and control system providers, environment and regulatory authorities, system integrators, connectivity providers, managed service providers, cloud service providers, telecommunication service providers, agriculture associations, and agriculture automation providers.
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A news article dated Nov 2016 gives key insights to the role of mobile communication including voice and data networks. Connected agriculture enables financial solutions and segments a chain among food grain buyers, sellers, traders and giving off-the-cuff weather reports, incisive farming methods via internet. Mobiles have eased themselves into real time transactions involving agricultural tendering, agricultural bartering and agricultural trading. Key industry players include Trimble navigation Ltd, Link labs LLC, Vodafone PLC, Accenture PLC, IBM Corporation, SAP SE, and PTC Inc.
Get in touch
At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.
Contact Person:
Ryan Manuel
Research Support Specialist, USA
Email: [email protected]
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Global Pipeline Monitoring System Market: Trends, Growth, Analysis, Opportunities, Top Companies, And Overview 2025
This research-based study governing multiple manufacturer investment discretion have been thoroughly articulated and evaluated based on numerous research endeavors to vividly unravel market dimensions, enabling unperturbed growth in global Pipeline Monitoring System market. Besides including details on technological sophistication and other innovation milestones, this section of the report also includes veritable information governing on the entire growth boosters and catalysts that relentlessly lend ample kinetic thrust to keep growth constant in global Pipeline Monitoring System market. The Pipeline Monitoring System Marketplace offers a comprehensive analysis of regional segmentation, expected growth rates for each geographic region, micro and macroeconomic factors, mining and processing sectors, regulatory frameworks, growth trends and changing market conditions. consumer preferences.
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This Pipeline Monitoring System market specific report minutely hovers over relevant data sources inclusive of broad data comprising market size, growth milestones, revenue generation trends, opportunity mapping as well as competition analysis and innate trend analysis that collectively push the growth in global Pipeline Monitoring System market.
Besides lending actionable insights on popular market drivers and growth catalysts, the report in its subsequent sections also entails decisive data on prevailing market restraints, barriers and threats that have typically stun growth. The report further sheds light on market opportunities and avenues which collectively lend growth stability in global Pipeline Monitoring System market.
The report has analyzed several players in the market, some of which include: Honeywell International, Siemens AG, BAE, ABB group, Schneider, Pure technology, GE, Perma Pipes, TransCanada Pipelines Ltd., Orbcomm Inc., Huawei, Pentair PLC, Atmos International, Senstar Inc., Syrinix, and Future Fiber technologies, including others.
Read complete report at: https://www.adroitmarketresearch.com/industry-reports/pipeline-monitoring-system-market
Key segments across Pipeline Monitoring System market
Technology Overview, 2018-2025, (USD Million)
Pipe Type Overview, 2018-2025, (USD Million)
End-User Overview, 2018-2025, (USD Million)
Solution Overview, 2018-2025, (USD Million)
Ultrasonic
Smart Ball
Magnetic Flux
PIG’s
Fiber Optic
Metallic Pipes
Non-Metallic Pipes
Others
Stainless Steel Pipes
Ductile Iron Pipes
Aluminum Pipes
Other Metal Pipes
Plastic Pipes
Glass Pipes
Crude & Refined Petroleum
Water & Waste Water
Others
Oil
Natural Gas
Biofuel
Operating Condition
Leak Detection
Pipeline Leak Detection
Others
The report is aimed to offer a logical and strategic segment analysis of the Pipeline Monitoring System market on a 360 degree perspective based on which a thorough evaluation of the various segments, sub-segments as well as their growth potential in the forthcoming years may be adequately highlighted to derive high reliable information for the implementation of future ready business strategies, favoring steady revenue generation through the tenure, 2020-25.
Market Synopsis and Overview: Global Pipeline Monitoring System Market
The report lends primary focus on the following report elements:
Market Definition: This section of the report offers a detailed perspective of the dynamic business operations as well as dominant business diversions.
Corporate Strategizing: A systematic summary of company-based business strategies by analyst perspectives.
SWOT Analysis: This section of the report also lends decisive perspectives governing driver analysis, opportunity mapping, trend analysis as well as restraints and barrier mapping that collectively bolster high end growth in global Pipeline Monitoring System market.
Vendor Overview: Each of the frontline players with their elaborate company and product overview sections have been highlighted based on key components. The report also sheds light on other major market contributors as well as key elements.
Noteworthy Products and Services: This section of the report on global Pipeline Monitoring System market includes dynamic sections on product and service portfolios.
Ask to our industry expert at: https://www.adroitmarketresearch.com/contacts/enquiry-before-buying/1478
About Us:
Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code – Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
Contact Us:
Ryan Johnson Account Manager Global 3131 McKinney Ave Ste 600, Dallas, TX75204, U.S.A. Phone No.: USA: +1 210-667-2421/ +91 966534141
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Adroit Market Research has released a new report on the Global Anti-Money Laundering Software Market. This report offers a comprehensive evaluation of the market. It does so via in-depth insights, understanding market evolution by tracking historical developments, and analyzing the present scenario and future projections based on optimistic and likely scenarios. The report gives the detailed statistics about the market industries and their framework. The data which has been studied for preparing the report considers the existing key players as well as upcoming key players of the market.
The report discusses in detail the various important aspects of the Anti-Money Laundering Software market. The report has an intelligent insight on critical aspects that are essential to good growth in the Anti-Money Laundering Software market. Some of these aspects include market size, growth, revenue, sales, demand, risks, threats, opportunities, economic forecast and history, and much more. The report is based on factual data assessed by our research analysts to give our clients a complete overview of the Anti-Money Laundering Software market landscape and prepare a business canvas accordingly.
Some of the Important and Key Players of the Global Anti-Money Laundering Software Market:
Corporation, Fiserv, Inc., Accenture Inc., SAS Institute Inc., Thomson Reuters Corporation, SunGard, FICO TONBELLER, Ascent Technology Consulting, EastNets and others.
Get PDF Sample Report of Anti-Money Laundering Software (COVID-19 Version) Market 2020, Click Here @ https://www.adroitmarketresearch.com/contacts/request-sample/342?utm_source=Pallavi
Global Anti-Money Laundering Software Market 2020: Covering both the industrial and the commercial aspects of the Global Anti-Money Laundering Software Market, the report encircles several crucial chapters that give the report an extra edge. The Global Anti-Money Laundering Software Market report deep dives into several parts of the report that plays a crucial role in getting the holistic view of the report. The list of such crucial aspects of the report includes company profile, industry analysis, competitive dashboard, comparative analysis of the key players, regional analysis with further analysis country wise.
Competition Spectrum:
The report is designed to invest in strategic planning and investment discretion, high revenue maximization as well as balance various market specific developments such as inventory management, designing consumption and production developments as well as motivate accurate advertising and promotional content to sustain market sustenance and defend leading stance amidst staggering competition in global Anti-Money Laundering Software market.
Browse the complete report Along with TOC @ https://www.adroitmarketresearch.com/industry-reports/anti-money-laundering-software-market?utm_source=Pallavi
Anti-Money Laundering Software Market Segmentation
Type Analysis of Anti-Money Laundering Software Market:
By Deployment Type (On-Premise and Cloud), By Product Type (Transaction Monitoring Systems, Currency Transaction Monitoring, Customer Identity Management, Compliance Management and Others)
Applications Analysis of Anti-Money Laundering Software Market:
By Application, Financial institution (Tier -1 Commercial Banking, Tier -2 Credit & Finance institution, Tier -3 Micro Finance Institution and Tier -4 Loan Lending institution)
Highlights of the report:
1. Impacts & effects of Covid-19 pandemic on the market. 2. The market drivers, opportunities and restraints. 3. Porters 5 forces analysis. 4. Future forecast analysis of the market. 5. Key players or companies and their in-depth information. 6. Primary & secondary research along with tables & graphs. 7. Latest developments & strategies of the market. 8. Market introduction, market revenue, market position globally, table of contents, conclusion and key facts of the market.
The report has been thoroughly constructed to include significant milestone developments in the competition spectrum, highlighting high end market players, complete with a thorough guide of their core competencies and investment mettle amidst bolstering competition. Research elements presented in this high end report has been prepared to ensure seamless decision making on the back of thorough and unbiased research practices.
Table of Contents Includes Major Pointes as follows:
1. Anti-Money Laundering Software Market Overview 2. Global Anti-Money Laundering Software Market Competition by Manufacturers 3. Global Anti-Money Laundering Software Capacity, Production, Revenue (Value) by Region (2014-2019) 4. Global Anti-Money Laundering Software Supply (Production), Consumption, Export, Import by Region (2014-2019) 5. Global Anti-Money Laundering Software Production, Revenue (Value), Price Trend by Type 6. Global Anti-Money Laundering Software Market Analysis by Application 7. Global Anti-Money Laundering Software Manufacturers Profiles/Analysis 8. Anti-Money Laundering Software Manufacturing Cost Analysis 9. Industrial Chain, Sourcing Strategy and Downstream Buyers 10. Marketing Strategy Analysis, Distributors/Traders 11. Market Effect Factors Analysis 12. Global Anti-Money Laundering Software Market Forecast (2019-2026) 13. Research Findings and Conclusion 14. Appendix
If you have any questions on this report, please reach out to us @ https://www.adroitmarketresearch.com/contacts/enquiry-before-buying/342?utm_source=Pallavi
About Us :
Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market's size, key trends, participants and future outlook of an industry. We intend to become our clients' knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code - Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.Contact Us :
Ryan Johnson
Account Manager Global
3131 McKinney Ave Ste 600, Dallas,
TX75204, U.S.A.
Phone No.: USA: +1 972-362 -8199/ +91 9665341414
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0377: Troublesome Customers Every Contractor Should Learn To Recognize And Deal With
This Podcast Is Episode Number 0377, And It's About Troublesome Customers Every Contractor Should Learn To Recognize And Deal With
Customers are disloyal price buyers who purchase commodities and services with cost as their primary consideration. Clients are loyal value buyers who purchase goods and services with suitability as their primary consideration.
Every businessperson knows that customers and clients are not created equal. Clients are loyal, while customers will stray if they're offered a slightly lower price elsewhere. Some customers are demanding, while clients only call when they wish to hire you right away.
Every business must deal with a variety of customers and clients. But there are certain types of customers who do more harm than good to your construction business - they drain your resources while adding little to your revenue.
Your business strategy will determine which group you want to serve, and there is no right or wrong answer, just different approaches.
Here are five troublesome customers that every contractor should learn to recognize and deal with.
1.The controlling customer who micro-manages your every move.
You know this type reasonably well. The dad - lounging on the sofa while you are renovating the fireplace, the mom - insisting to "help" you in the kitchen renovation by sharing her design ideas while you're replacing the drawers. Or worst yet, homeowners who sit nearby, watch you, and meddle with your every decision - either out of curiosity, lack of trust, or making sure your work is up to their standards.
2.The customer who refuses to pay
All construction contractors have experienced bad debt's financial pain, which is defined as a customer who refuses to pay no matter what you do. Not everyone who never pays you is the wrong person. Sometimes things happen which are beyond their control.
3.The customer who complains publicly about your company's services.
The growing visibility and influence of social media have made this type of customer more dangerous than ever. This is especially true if your construction business is a large and well-known company. But it can still damage small construction companies' reputation through Google, Facebook Page, or Yelp reviews. Social media sites like YouTube and Twitter give disaffected customers the means to broadcast their concerns to a considerable audience.
4. The customer who unreasonably takes advantage of special offers or incentive deals.
If a customer repeatedly signs up for a service to take advantage of a low-priced introductory offer and then cancels when the initial period comes to an end, the customer will not help your construction business succeed. Such customer behavior may be perfectly legal, but outside the boundaries of appropriate contractual interactions.
5. The customer who makes threatening demands.
The B2B (Business to Business) customer who makes demands and frequently threatens to take their business elsewhere if they don't get exclusive deals. At a certain point, it is necessary to acknowledge that such customers are more trouble than they're worth.
What to do
Weed out customers from prospective clients by developing a better inbound marketing plan. You can incorporate your policies and procedures (signing contracts, payment applications, addressing issues and concerns, and others) through the Frequently Asked Question (FAQs) section of your business website, email, or written documentation.
Remember, you're a contractor, not a banker. Never lend money to a customer to provide a lot of labor, material, subcontractors, and rental equipment, hoping to get paid later on down the road. Accepting credit cards can help customers who are in short cash supply and add to your sales and profits. Do whatever you think is within reason to collect the debt and no more.
Develop an appropriate response for customers who leave unfavorable reviews, negative feedback, and disapproving social media posts about your business. Where possible, try to educate the customer - respectfully and courteously - about reasonable and acceptable interactions in the marketplace. If this fails, you may have to consider "firing" the customer.
Final thoughts
Shedding your construction business of undesirable customers has multiple positive impacts - in addition to improving the bottom line, it boosts employee morale. It allows you to focus more resources on your profitable clients.
For what is worth, we only serve clients in our construction accounting and bookkeeping services firm. I invite you to contact us (through the form on your right, or by email) and perhaps we can work together.
About The Author:
Sharie DeHart, QPA is the co-founder of Business Consulting And Accounting in Lynnwood, Washington. She is the leading expert in managing outsourced construction bookkeeping and accounting services companies and cash management accounting for small construction companies across the USA. She encourages Contractors and Construction Company Owners to stay current on their tax obligations and offers insights on how to manage the remaining cash flow to operate and grow their construction company sales and profits so they can put more money in the bank. Call 1-800-361-1770 or [email protected]
Check out this episode about Contractors Marketing - Accounting - Production (M.A.P.)!
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How to Build a Community in the Healthcare Industry
When you think about how to build a community in the healthcare industry, and reduce the divide between medical and social circles, healthcare is the obvious connector.
Social engagement happens in medical circles of health care providers, researchers, and patients just as medical talks also happen in social circles.
This interplay happens because healthcare affects everyone.
Doctors don’t just talk among themselves in medical abstracts: they tweet, tag, and like or comment on each other’s posts.
Additionally, medical opinions and health perspectives are not confined to journals – they, too, are built around hashtag campaigns. Patient or public partnerships are now the way forward for medical research and cohort studies.
A study on “The Emerging World of Online Health Communities,” showed that:
…social outcomes sit alongside and sometimes above clinical ones. Where health care has a low tolerance of failure due to the consequences that can follow, online health communities thrive on stories of what went wrong and how people battled the system.
So how do you begin those conversations online, let alone build communities to converge in those conversations?
Here are 5 ways:
Listen and Engage with Your Audience
Health talk is everywhere, and the vast majority is online where they seek solutions and community support for health-related concerns:
online forums
health blogs
educational platforms
social media
To stay relevant and reach these audiences, the healthcare industry needs to meet consumers where they are: social media.
Use the communicative power on social networks to raise awareness and counter misinformation, provide patient support, for public health monitoring.
As you listen in, engage to understand your audience, what they are talking about, so you can use the insights in developing your strategy.
A good example of an online health community that made health-related feedback and shared stories the core of its existence is Care Opinion. Formerly Patient Opinion, it’s a UK-based online platform to share experiences of health and care services in the UK, good or bad.
It also bridges those shared experiences to the right people who can help. Health and care providers have used this channel to connect with patients, address their concerns and improve their services for a better patient experience.
Use Healthcare Influencers
Healthcare Influencers offer unique insights, led by their own experience, and lend credibility with their name.
They have the ability to reach your target audience, engage them for you, and spread your message.
Influencers have a community of followers to help you build your community from within. There is the macro-influencer with a huge social following. But there are also micro-influencers with a niche audience, not a fan base. Therefore, they are closest to the prospective customers and impact their decision-making process.
But there is a caveat – endorsements should adhere to the Food and Drug Administration (FDA) rules on advertising and comply to Health Insurance Portability and Accountability (HIPAA).
Influencers are not exempt from rules even when they operate in the free-wheeling space of social media, especially on health information, and should pay particularly close attention to messaging for any drug advertising via social media.
This is a lesson Diclegis (Diclectin in Canada), an anti-nausea pregnancy (NVP) drug, learned when they used a celebrity macro-influencer to promote the medicine without communicating any risk information associated.
This resulted in an FDA warning to the maker of the drug, Duchesnay USA.
Celebrity and reality-star Kim Kardashian had to delete her original Instagram post endorsing the anti-morning sickness pill. The paid endorsement received 464,000 likes.
Kardashian had to post an updated message, including the side effects and links to the FDA website.
Source: Daily Mail
Building a Community Through Thought Leadership
One of the problems of the open-source web is the abundance of misleading and dangerous content.
Healthcare companies can rise above this noise by being a thought leader providing insights, sharing medical information, and answering patient questions.
By building trust with your target audience, you can raise awareness, counter misinformation, and clarify misconceptions.
Claiming to be the “Authentic Voice of Healthcare” is the founder of a primary care clinic in Downtown Las Vegas, Internist Dr. Zubin Damania, or ZDoggMD. He has a bolder take on thought leadership, but in a lighter way.
He takes strong positions on relevant medical and health-related issues in video commentaries, using medical humour, healthcare satire, parody music videos, and witty and amusing social media posts.
He has 1.4M followers on Facebook, 44.8K on Twitter, 147,981 YouTube subscribers, and 234K Instagram followers.
His music videos are always a hit. Taking on the opioid crisis issue, for example, he made a parody music video of Justin Bieber’s “Love Yourself”, with his version, “Treat Yourself”, an ode to those who are suffering due to the opioid epidemic.
Create Useful Content
To patients, clinicians, researchers, academicians, the internet is one of the first go-to information resource. Build your community around valuable, digestible content that educates your audience.
Well-timed informational posts, and patient stories through video or other creative formats, are easy magnets for followers. Multimedia content helps reach a wider audience.
Infographics, “how-tos,” interactive quizzes, health tips, and “did you know?”-type trivia are content styles that can attract a large audience.
Inspirational content also motivates and sparks much-needed hope, especially content related to malignant diseases. Success stories that inspire usually get shared most, increasing awareness of your brand and your name.
Cleveland Clinic knows how to attract followers, by pulling at heartstrings with inspiring stories about real patients on Instagram.
They also features posts with shocking facts about health, fat-freezing tips, motivation to exercise, posture, weight loss, and more.
Bridge and Connect Them to Resources
Referrals are very much part of the dynamics in the healthcare and medical industry. When you bridge your audience to resources of information or service, this will build your reputation as a go-to source of information.
But the work doesn’t end with a helpful recommendation – you need to engage your audience, make suggestions, initiate productive conversations between patients, doctors, industry leaders, health technologists, innovators, or policymakers.
Sensei client LifeWIRE, a health technology platform for patient engagement, shares curated content related to anesthesiology, Post-Traumatic Stress Disorder (PTSD), and the opioid crisis.
It uses and cites multiple scholarly articles, medical journals, and has quoted and featured doctors in its blog posts and white paper.
The U.S. Department of Health & Human Services (HHS) thanked @LifeWIREGroup for sharing their infographic on the government’s efforts in combating the opioid crisis.
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This Country Recently Became Africa’s Largest Economy, Now It’s Too Big for Businesses to Ignore
Nigeria has overtaken South Africa as Africa’s largest economy. And with over 200 million people, it is the largest market in the continent, its population nearly twice the size of Ethiopia (110 million) or Egypt (102 million). Yet among many companies, there is a great deal of nervousness around investing in Nigeria. One business development officer of a large company told me recently: “We’re not in Nigeria; one of our guys heard you can’t go there.” This kind of second hand hearsay is a risky way to make proper business decisions. When firms make what we refer to as accidental decisions—those based on media reports or anecdotal evidence—it is hard to effectively quantify and manage risks. Nigeria is definitely a challenging place to operate. But ultimately, the nation is too important to ignore.
Investment by the United States in Nigeria is Growing
Foreign direct investment stock from the United States into Nigeria was $5.8 billion in 2017, up 32.8 percent since 2016, according to theU.S. Trade Representative. However, a significant chunk of U.S. FDI in Nigeria and the continent goes into the resources sector.
The Commercial and Investment Dialogue with the Nigerian government, originally recommended by President Obama’s President’s Advisory Council on Doing Business in Africa, is now in full force, and earlier this year, the U.S. Commercial Service hosted the USA Trade Fair in Lagos, Nigeria—attended by more than 4,000 delegates. Many of America’s biggest firms were out in force, as were smaller names in the agribusiness, aviation, consumer, energy, industrials, and security sectors. Now, other countries are starting to catch America’s lead—notably the Chinese.
China’s Africa Strategy Presents a Formidable Challenge
China is using all of its political, industrial, and financial might to build deep connections in Africa. Engagement is strategic, multilateral, and well-organized under the biennial Forum on China-Africa Cooperation and the Belt and Road Initiative. Chinese construction firms are building road, rail, port, communications, mining, and energy projects funded by loans from The Export-Import Bank of China or state-owned banks, using Chinese machinery, and with Chinese operators often operating the asset after completion.
Source: UNCTAD World Investment Report 2018 Chinese business development teams visit Africa’s toughest neighborhoods to establish relationships—often long before most American executives have even considered an investment in the country in question. Headlines trumpet Chinese “investment” in Africa, but much of this is actually lending, rather than equity investment. International experience is helping Chinese firms improve their product quality, service delivery, and technological capabilities every day, making them ever-stronger global competitors. The key to China’s success on the continent is that designing “good enough” equipment for the price their customers will pay. A Chinese-made truck starter will fail after a fraction of the starts a North American truck operator considers normal—but it will also cost a fraction of the price. Likewise, a Chinese-designed smartphone will work on local networks, enjoy long battery life, run the right apps—and come at an affordable price. Despite recent political hiccups, Huawei is the dominant supplier of communications and networking equipment on the continent. Africans benefit from the firm’s low-cost vendor financing, ultra-advanced technology, and turnkey service for modern network installations.
In Nigeria, Demand Exceeds Supply
Nigeria is famous for its power shortages. With only about 5GW of grid power available (on a good day), it’s no surprise that there is an estimated 20GW of captive, backup, and household-level power installed by the private sector. But this isn’t just a risk. It’s also a business opportunity. In 2011, Nigeria privatized the power generation and distribution portions of its electricity industry. Performance is well below expectations so far, thanks to gas supply shortages, below-contract tariffs, and poor cash collection. The opportunity? Most manufacturers run their own captive power plants—and they’re investing in advanced gas-fired turbines, high-efficiency production equipment, and renewable energy capacity. Households need prepaid electric meters, energy-efficient appliances, and more cost-effective standby generators. The continent is becoming a big beneficiary of China’s large-scale investment in renewables—which are now vastly cheaper than they were just a decade ago. In Nigeria, solar, wind, and mini-hydro are rapidly filling in the gaps where grid power is unavailable. Local micro- or mini-grids can deliver power to light homes, charge phones, refrigerate medicines, preserve harvested produce, and bring the internet to schools. In Nigeria, as elsewhere in Africa, the financial services sector is undergoing a transformation. Mobile money accounts are increasingly popular, led by M-PESA in Kenya. Mobile money has boosted economic activity and brought millions into the financial services sector. African financial-technology entrepreneurs are testing innovative—and potentially disruptive—services. Where regulations allow, entrepreneurs and mobile operators are introducing low-cost mobile payment, investment, insurance, savings, loans, and cross-border money transfer services using the latest technology.
According to the World Bank, small- and medium-sized enterprises create an estimated 4 of every 5 new jobs in emerging markets, yet traditional corporate banks are still focused on serving large corporate customers.
Can You Create Long-Term Shareholder Value Without Africa?
This isn’t a simple question, but it has to be asked as part of any long-term growth and risk analysis. Public capital markets are relentless in pushing for short-term earnings and returns. Set aside today’s imperative to meet quarterly earnings expectations, ignore for a minute the potential for activists to disrupt your investment programs because they don’t see an immediate ROI on your long-term strategic investments. The long-term survival of a business depends on its ability to adapt, grow, and participate in the global economy of the future—and countries like Nigeria are part of this story. Source: brinknews Read the full article
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What It Is Worthy To Know About Disability People Loans?
Getting funding for making large or small purchases, solving problems, or improving living conditions often becomes especially necessary for people who have limited physical abilities. Usually it is more difficult for such people to earn more money, as well as they are more likely than others to need additional service. About 20% of US residents have a disability, so the necessity for disability people loans makes the government and lenders of various forms of ownership develop and apply various programs and products for lending to people with disabilities. It is not necessary that when you apply for a loan to a bank or another financial institution you will be offered a specific loan product, but depending on your circumstances, you may be offered specific conditions. To find out which type of loan is best for people with disabilities to apply for, let's consider all the available options so that you can choose the most suitable option for you and make an adequate decision. Let's start with the essence of the loan. Credit and its varieties A loan is a giving money or other valuables for a certain period at interest that is a gain to the lender. In some cases, you could borrow money from your friends or family members in this way, but this possibility is far from always and not common, therefore, specialized financial organizations, such as banks, are usually engaged in lending, but not only them. Now there are many different types of companies that can provide money on credit. This can be done even by individuals who have enough wealth so that they can risk some of their money by giving them credit to other people. Lending is always a risk for the lender, which is why the more risks not to get their money back are, the higher the interest rate on the loan. In some cases, in addition to the annual interest rate, the lender may charge additional fees and commissions under certain conditions. Depending on the loan amount that you need, your income level and credit history, the lender may offer you a secured or unsecured loan. Each of the two types has its advantages and disadvantages, which always balance the benefits and risks on the scales. A secured loan usually has a significantly lower annual interest rate and better conditions, but in this case you will risk your property that you will provide to the lender as security for the loan, even in the case of disability people loans. With an unsecured loan you do not risk losing your property, but at the same time you get more stringent loan conditions, you can count on a smaller loan amount, and you are also waiting for a high interest rate. Different types of loans involve different conditions for their approval, issue and repayment. For example, a credit limit set by an issuer on a credit card can be used for the entire duration of using a card, subject to timely monthly payments. As long as you replenish the balance of your credit card, you can constantly use this credit until it expires. Installment credit can be used only once. It is paid for a certain number of equal monthly payments until it is fully repaid. If you pay off one loan and you need another one, then you will need to re-apply for a new loan. There are also quick loans and payday loans, which are issued for a short time and are repaid, most often at one time from your salary or other income. Typically, such loans have a period of a week to a month and small amounts, depending on your income, but not more than 5000 dollars. If you have other options on how to obtain the financing you need, then it is better to use one of them, since such micro loans and payday loans often have one of the highest interest rates and not always acceptable conditions, unlike disability people loans. If for some reason you are unable to repay such a loan on time, then your debt will quickly grow and may exceed the initial amount several times. Mortgage When you are going to buy a house and you have all the possibilities for this, then no lender in the USA has the right to refuse a mortgage loan to a person with disabilities. If you are a conscientious borrower, meet all the requirements, and also have an amount of money sufficient to make the necessary initial payment, then you as a disabled person will receive approval and a reduced interest rate. You can ask the National Association of Realtors about available loans and their conditions for people with disabilities.
Different-types-of-loans-involve-different-conditions-for-their-approval Disability people loans for service People with disabilities may not always have the physical ability to fully maintain their home themselves. Hiring service personnel who will help them in this is usually a necessity, even for people with average incomes who have a disability. You can get a loan for these purposes, so that your life does not cause difficulties and is provided with high-quality service. Training loans In many cases, people with disabilities are not born that way. They have to re-learn many ordinary everyday things that previously they have not caused any difficulties. There are special courses for people with disabilities who can teach them how to manage in most daily activities and situations on their own, without the help of other people. For these purposes, there are also disability people loans. Business Loans Another way to reduce dependence on others for people with disabilities is to run your own business. The US Small Business Administration - SBA finances people who want to start their own business. You will be able to get a wonderful opportunity to provide for yourself and your needs in the way you want. How to get a loan Any loan can be obtained by meeting the minimum requirements that are imposed on borrowers by lenders. If you are an adult resident of the United States and you have a bank account, and you are a bona fide borrower, then your chances of getting the loan you need are already very high. Of course, it should be borne in mind that if you have a low credit rating, it will be more difficult for you to get credit approval, although in this case you will also find a loan. Depending on the type of loan and its amount, the lender may require you to secure the loan with some of your valuable property, such as a car or your house. Otherwise, with a bad loan, you are likely to get a high annual interest rate and more stringent conditions. You can find out your credit rating by requesting a report from one of the US credit bureaus. Once a year, it is available for free to all US citizens. If your credit rating is below 630 points, that is, below average, then your credit will already be considered bad credit and it will be more difficult to get approval on acceptable terms. Will the loan affect the benefits of government programs for people with disabilities? In some cases, getting a loan can affect the benefits you get from the government. When you get benefits from one of the three main programs, you can lose or reduce some of them. In some cases, you will have to declare a loan as one of your assets. There are several US government programs to fund the needs of people with disabilities. Check with the Independent Living Center, which is located in every state of the United States, as well as on the Gov Loans and Disabled World websites for more information about government funding programs for people with disabilities. There is also an organization of veterans - VA, which provides assistance to veterans with disabilities. The SSDI state program, which is social disability insurance for those who have become disabled, as well as SSI supplementary insurance, which provides assistance to people with low incomes who are people with disabilities over the age of 65. Let's sum up When you have clearly understood for yourself that you need a loan, it’s time to get down to business and find the most suitable option for your needs and conditions. Find out first what financing programs for people with disabilities may be available for free in your area. Financial institutions can provide you with one of the special loans for your specific needs. Learning for independent living and self-care without help, equipping your home with special equipment for people with disabilities, such as elevators, ramps and more, hiring personnel to service your home - these are the special needs of people with disabilities, which can be special loans in banks and other financial institutions. After that, find out what loan terms you can offer and compare the offers of different lenders to choose the best and most profitable ones. You can use the loan application form located on our website to find out about the loan offers of lenders from our extensive partnership base. Read our financial blog to understand personal finance, credit, insurance, and loans. You can ask us a question by writing us by e-mail or leaving a comment below, as well as get advice from our credit experts. We will help you understand the whole range of loan options available to you and make the right most optimal choice. Read the full article
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PVB Interlayers Market Analysis by Size, Share, Growth, Latest Innovation, Trends and Forecast 2021 – 2025
This research-based study governing multiple manufacturer investment discretion have been thoroughly articulated and evaluated based on numerous research endeavors to vividly unravel market dimensions, enabling unperturbed growth in global PVB Interlayers market. Besides including details on technological sophistication and other innovation milestones, this section of the report also includes veritable information governing on the entire growth boosters and catalysts that relentlessly lend ample kinetic thrust to keep growth constant in global PVB Interlayers market. The PVB Interlayers Marketplace offers a comprehensive analysis of regional segmentation, expected growth rates for each geographic region, micro and macroeconomic factors, mining and processing sectors, regulatory frameworks, growth trends and changing market conditions. consumer preferences.
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This PVB Interlayers market specific report minutely hovers over relevant data sources inclusive of broad data comprising market size, growth milestones, revenue generation trends, opportunity mapping as well as competition analysis and innate trend analysis that collectively push the growth in global PVB Interlayers market.
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The report has analyzed several players in the market, some of which include: aflex, Kuraray, Genau Manufacturing Company, Huakai Plastic, Willing Lamiglass Materials, Sekisui Chemicals, Eastman Chemical Company, EVERLAM, Jiangxi Huatesheng New Material Limited Company, BANDA PVB COMPANY and others.
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Segment Overview of Global PVB Interlayers Market
End-User Overview, 2018-2025, (USD Million and square meters)
Type Overview, 2018-2025, (USD Million and square meters)
Construction
Automotive
Photovoltaic
Structural PVB Interlayers
Standard PVB Interlayers
The report is aimed to offer a logical and strategic segment analysis of the PVB Interlayers market on a 360 degree perspective based on which a thorough evaluation of the various segments, sub-segments as well as their growth potential in the forthcoming years may be adequately highlighted to derive high reliable information for the implementation of future ready business strategies, favoring steady revenue generation through the tenure, 2020-25.
Market Synopsis and Overview: Global PVB Interlayers Market
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An intricately designed, conceived and presented research report presentation governing the global Application Release Automation market is poised to serve as a highly reliable information source and knowledge repository in order to cater as a dependable, ready-to-refer guide to encourage futuristic business discretion. This report primarily banks upon elaborate primary and secondary research practices to enable seamless and error-free deductions encouraging adequate market relevant decisions.
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The report is designed to encourage highly relevant business decisions to pace up with present crisis amidst which frontline players as well as contributing players and stakeholders are contemplating accurate pandemic management action plan.
Some of the Important and Key Players of the Global Application Release Automation Market:
BMC Software, CA Technologies, Fujitsu, IBM, Micro Focus, Microsoft, NIIT Technologies, Red Hat, VMware, Attunity, Arcad Software, Chef Software, Clarive, CloudBees, CollabNet, Datical, Electric Cloud, Flexagon LLC, Inedo, MidVision, Octopus Deploy, Plutora, Puppet, Rocket Software and XebiaLabs
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Report Highlights: Global Application Release Automation Market
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About Us :
Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market's size, key trends, participants and future outlook of an industry. We intend to become our clients' knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code - Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
Contact Us :
Ryan Johnson
Account Manager Global
3131 McKinney Ave Ste 600, Dallas,
TX75204, U.S.A.
Phone No.: USA: +1 972-362 -8199/ +91 9665341414
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Or in other words, Olympus OM-D E-M1X and Olympus OM-D E-M1 Mark III Micro Four Thirds cameras will be able to record Apple’s ProRes Raw video footage via the Atomos Ninja V 5-inch HDR monitor/recorder in Australian summer 2020.
Olympus OM-D E-M1 Mark III with Atomos Ninja V 5-inch monitor/recorder.
Olympus OM-D E-M1 Mark III with Atomos Ninja V 5-inch monitor/recorder.
Olympus is pleased to announce the development of firmware that enables output of RAW video data output from Olympus OM-D E-M1X and Olympus OM-D E-M1 Mark III mirrorless cameras to the ATOMOS NINJA V HDR monitor recorder. Development is underway in collaboration with ATOMOS. Data is recorded to the ATOMOS NINJA V as Apple ProRes RAW for flexible image editing. This lends greater flexibility to professional video production post-processing tasks such as adjusting exposure and colour grading recorded footage. The firmware is scheduled for release in summer 2020.
Olympus will continue supporting authentic video production and further improve hand-held high-definition video recording via compact, lightweight system thanks to unrivalled portability and powerful in-body 5-axis image stabilisation.
About ATOMOS
Atomos exists to help creative professionals cut through technology barriers by creating easy to use, cutting-edge 4K and HD Apple ProRes monitor/recorders. These products give video professionals a faster, higher quality and more affordable production system, whether they create for social media, YouTube, TV or cinema. Atomos continues to demonstrate its commitment to putting users first through continual innovation at amazing price points. The company developed the AtomOS operating system dedicated to video recording with an elegant and intuitive touchscreen user interface and was also the first to implement the professional Apple ProRes RAW format for recording with cinema cameras. Atomos is based in Australia with offices in the USA, Japan, China, UK and Germany and has a worldwide distribution partner network.
ATOMOS website: www.atomos.com
Links
Atomos – ATOMOS ANNOUNCES PRORES RAW SUPPORT FOR OLYMPUS OM-D E-M1X AND OM-D E-M1 MARK III MIRRORLESS CAMERAS – “Atomos is excited to announce co-development with Olympus of RAW recording over HDMI with the OM-D E-M1X and Olympus OM-D E-M1 Mark III mirrorless cameras.”
B&H – Atomos Ninja V 5″ 4K HDMI Recording Monitor
B&H – Olympus OM-D E-M1 Mark III Mirrorless Digital Camera
B&H – Olympus OM-D E-M1X Mirrorless Digital Camera
Olympus Australia – Development of Video Raw Output Firmware With Atomos, Development of firmware that enables the RAW video data output from Olympus Mirrorless Cameras to the ATOMOS NINJA V HDR Monitor Recorder – press release
Press Release: Development of firmware that enables the RAW video data output from Olympus Mirrorless Cameras to the ATOMOS NINJA V HDR Monitor Recorder Or in other words, Olympus OM-D E-M1X and Olympus OM-D E-M1 Mark III Micro Four Thirds cameras will be able to record Apple's ProRes Raw video footage via the Atomos Ninja V 5-inch HDR monitor/recorder in Australian summer 2020.
#Apple#Apple ProRes#Apple ProRes Raw#Atomos#Atomos Ninja V 5" 4K HDMI Recording Monitor#Ninja V#Olympus OM-D E-M1 Mark III#Olympus OM-D E-M1X#ProRes RAW
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Saving Main Street in the Wake of COVID-19
Mastercard Center for Inclusive Growth
As Americans are bracing for the health fallout from the COVID-19 outbreak, the nation’s Main Street businesses are fighting for their survival. Salon owners, event planners, shopkeepers and restaurants are being forced to make hard choices—pay their bills or their employees—and the workers who rely on them for their livelihoods face prolonged economic hardship.
Why saving small businesses matters Small businesses are the backbone of the U.S. economy. Under the most expansive definition, small businesses account for nearly half of the nation’s employees and almost 65 percent of new jobs created. Owning a small business is also associated with faster wealth-building. Since 1990, families in which the head of the household was self-employed—the majority of whom owned small businesses—had a median net worth four times that, on average, of households in which the head worked for someone else.
But with just 27 days of cash on hand, on average, many small businesses are in triage mode as they are forced to shutter their doors.
But with just 27 days of cash on hand, on average, many small businesses are in triage mode as they are forced to shutter their doors. Small businesses were responsible for the entirety of the 27,000 net jobs that the private sector shed in March, according to a recent report by ADP. If past recessions are any indication, small businesses run by people of color, women and those in low-income communities will be disproportionately affected. Women, for example, compose the majority in most of the economic sectors hit hardest by the shutdown, jobs like hairdressers, child care providers, dental hygienists, paralegals and more.
Emergency help for small businesses Congress’ $2 trillion CARES Act has given small businesses a $350 billion lifeline. The package offers “paycheck protection” with eight weeks of cash flow assistance via guaranteed loans. The loans are forgiven when an employer uses the money to maintain payroll for the duration. The Small Business Administration (SBA) will also pay the principal, interest and fees on existing SBA loans for six months. Independent contractors and the self-employed are also now eligible for unemployment insurance and the benefits extend longer and include a $600 per week supplement to the regular unemployment check through the end of July. While these measures provide some immediate relief, it will take a massive distribution effort by the SBA and banks to get the relief to small businesses in time.
It will take a massive distribution effort by the SBA and banks to get the relief to small businesses in time.
Tapping into local “economic shock absorbers” As the primary financial institutions serving Main Street businesses, Community Development Financial Institutions (CDFIs) are well-positioned to partner with banks to ensure relief efforts reach local entrepreneurs and help their businesses rebound over the longer term.
CDFIs are private, usually nonprofit, mission-driven banks serving low- and moderate-income communities. They lend to the micro and small businesses that are unable to qualify for loans from larger financial service providers. Industry estimates suggest that there is an $87 billion annual market gap in loans less than $100,000 for small businesses.
In times like these, CDFIs are the first responders on the scene. During the 2008 financial crisis, for example, CDFIs became the economic shock absorber when traditional financial institutions slowed lending to small and micro businesses. CDFIs are funded by philanthropy and financial institutions motivated by the Community Reinvestment Act requirements. As of 2018, there were more than 1,100 CDFIs serving cities, rural areas and Native American reservations.
Expanding digital innovations to extend the reach of CDFIs Recognizing the vital role CDFIs can play in building resilient communities, the Center for Inclusive Growth has partnered with leading CDFI organizations like Grameen America, Accion Opportunity Fund and Community Reinvestment Fund USA (CRF) to help them integrate digital technologies to serve a greater number of micro and small businesses.
Promoting responsible lending practices will also be critical to ensuring business owners don't get caught up in predatory schemes in the wake of the crisis.
In the coming months, CDFIs will need innovative tools and solutions to help communities on the path toward an inclusive economic recovery. Here are five ways technology and partnerships can help transform and strengthen this vital sector:
Better connect entrepreneurs to loans that meet their needs. For those businesses that do not qualify for traditional financing, online marketplaces like Connect2Capital from CRF are matching micro and small businesses with CDFIs that can provide responsible loans that fit their business needs. Connect2Capital also partners with banks and traditional lenders and can refer businesses that do not meet their qualifications.
Move operations from analog to digital. Many CDFIs still operate with paper and analog processes. Accion Opportunity Fund recently digitized their back-end loan platform, which has enabled them to expand their capacity to deploy and manage loans across the country. Smaller, less-resourced CDFIs can use platforms like CRF’s SPARK, which offers an off-the-shelf solution for managing the loan origination process.
Integrate technology to deliver and service loans with speed. Moving to digital payments can help speed disbursements to business owners and help them stay competitive in an increasingly cashless economy. During the current crisis, digital payments have enabled Grameen America to continue disbursing same-day loans. Their peer support model has also continued uninterrupted as their members moved weekly meetings from in-person to online.
Help CDFIs diversify their capital sources. CDFIs have traditionally been financed by banks, government and philanthropic organizations. Innovative platforms like CNOTE are making CDFI investing easier and more accessible to a broader pool of impact investors.
Use data and analytics to automate underwriting. CDFIs offer affordable loan products using flexible underwriting standards, often taking into account alternative data sources conventional lenders do not consider. Building CDFIs’ capacity to integrate advanced data analytics could help automate their underwriting processes to reach and serve more loan customers.
Promoting responsible lending practices will also be critical to ensuring business owners don’t get caught up in predatory schemes in the wake of the crisis. Currently, small business borrowers are not afforded the same protections as consumers against predatory lending. Following the Responsible Business Lending Coalition’s call for transparency around pricing and terms, inclusive access and fair collections practices are first steps. CDFIs demonstrate that fair practices, reasonable product structures and pricing models provide a foundation for the smallest businesses to grow.
A commitment to supporting small businesses’ financial security In response to the COVID-19 crisis, Mastercard has committed $250 million, including financial, technology, product and insight assets to support the financial security and vitality of small businesses and their workers in the United States as well as other markets where the company operates.
This includes programs to strengthen and support financial service providers who serve micro and small businesses. It also provides small business owners with products to enhance their protection against cybersecurity threats and identity theft as they move their operations online. And it offers market insight tools to better understand consumer spending trends in their communities.
As the world confronts an unprecedented global economic shock, no one organization will be able to address the magnitude of the fallout on its own. The resources needed to save businesses and rebuild the economy demand collective effort.
At the Center for Inclusive Growth, our efforts will continue to tap into Mastercard’s deep multi-sector partnerships and the expertise of nearly 17,000 Mastercard employees, along with philanthropic grants through the Mastercard Impact Fund. Through these efforts, we will continue to support businesses and their workers as they recover from the pandemic and seek to become even more resilient in the new, digital economy.
source: https://www.csrwire.com/press_releases/44811-Saving-Main-Street-in-the-Wake-of-COVID-19?tracking_source=rss
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Amazon Sends Shares of But One other Section of Retailers Crashing—Information Sheet
http://tinyurl.com/y4mrnx85 Amazon’s capacity to disrupt worthwhile companies tends to alarm traders every time information or a rumor emerges of its subsequent goal. It doesn’t at all times turn out quite so badly for the business in query, however on Monday it was shares within the make-up and wonder product sector that received smudged. Amazon issued a surprise press release Monday morning asserting the debut of a brand new “Amazon Skilled Magnificence Retailer” aiming to produce impartial, skilled stylists, barbers and others. “We’re happy to supply these within the skilled magnificence business much more choice by means of the handy buying expertise our prospects love,” exec Steve Kann mentioned within the launch. Shares of Revlon misplaced 4% and Extremely Magnificence fell 3%, whereas magnificence retail chain Sally Magnificence Holdings plummeted 17% on the information. That mirrors the inventory market response to Amazon’s actual and rumored forays into healthcare plans, pharmacies, bundle supply, banking, and naturally, groceries. Final month, analysis agency CB Insights offered its predictions of which industries ought to most concern Jeff Bezos’ subsequent strikes. Along with naming the apparent, current large pushes into pharmacies and on-line groceries, CB’s report highlighted small enterprise lending, funds processing, mortgages, insurance coverage, and the house and backyard retail section. One signal the report cites of how apprehensive company America is in regards to the Amazon menace: On calls with traders in 2018, executives of public American firms talked about Amazon extra typically than they talked about another firm, public or personal. They talked about Amazon greater than they talked about President Trump–and practically as a lot as they talked about taxes. Nonetheless, as Amazon’s previous efforts to construct its personal smartphones, promote trip offers, and hawk high-end clothes and jewellery show, it’s not at all times the winner. Aaron Pressman @ampressman [email protected] NEWSWORTHY Lucy within the sky with diamonds. In what Elon Musk described as SpaceX’s “most troublesome launch ever,” a Falcon Heavy rocket blasted off from the Kennedy Space Center in Florida early on Tuesday morning. The payload of 24 satellites, organized by the U.S. Air Drive, wanted to be dropped off in three totally different orbits. I’m the walrus. Regulators are glomming on to Fb’s proposed new digital foreign money, Venture Libra, sooner than anybody else. Rep. Maxine Waters mentioned on Monday that the Home Monetary Providers Committee, which she chairs, will hold a hearing on Libra on July 17, with challenge lead (and former PayPal president) David Marcus anticipated to testify. The Senate Banking Committee is planning the same listening to for a similar week. Ticket to journey. The auto business’s transfer to electrification rumbled forward on Monday, as BMW debuted its Imaginative and prescient M Subsequent idea automotive. Wanting like many high-end sports activities automobiles, the hybrid Imaginative and prescient M can attain 60 mph in underneath three seconds and has a high velocity of 186 mph. However the automotive can go solely 62 miles solely underneath electrical energy. Imply Mr. Mustard. It did not hit North America, however “Operation Mushy Cell” stole wireless calling metadata from 10 carriers throughout Asia, Africa, the Center East, and Europe, safety agency Cybereason reported on Monday. Particular person prospects had been focused and the stolen information included in depth location monitoring. Sgt. Pepper’s Lonely Hearts Membership Band. The general public beta variations of Apple’s varied up to date working programs emerged on Monday, largely to good evaluations. Nonetheless, it’s possible you’ll need to wait earlier than putting in macOS Catalina on you laptop computer or iOS 13 in your iPhone. There are bugs a-plenty, as befits early beta releases. Web site Gotta Be Cellular lists among the pros and cons of going beta. Talking of Apple, within the subsequent twist in its battle with Spotify, the corporate mentioned it is barely collecting any commissions in any respect from its rivals’ customers. Spotify pays Apple 15% of income from about 0.5% of its paying prospects, Apple mentioned, making an attempt to make the purpose that its app retailer charges should not harming competitors. The idiot on the hill. As I found whereas assembling Monday’s Information Sheet, components of the Web stopped working yesterday attributable to a community misconfiguration that originated with Verizon and a small fiber optic community supplier. ON THE MOVE PayPal’s chief working officer, Invoice Prepared, will depart by year end for components unknown, the corporate says. Prepared has been on the firm because it acquired his startup Braintree (and its tremendous common app Venmo) again in 2013…Apple’s Beats unit is replacing chief marketing officer Jason White with Chris Thorne, an skilled exec with stints at Digital Arts and Jessica Alba’s Trustworthy Firm. White departed for Cura Hashish Options…Superior Micro Gadgets employed Frank Azor, the co-founder of present Dell unit Alienware, as chief gaming officer…AT&T’s Warner Bros. studio employed Ann Sarnoff, president of BBC Studios Americas, as CEO, the first woman to head the Hollywood outpost in its 96-year historical past. FOOD FOR THOUGHT Because the commerce dispute between the USA and China more and more targets the tech industries in each international locations, some consideration has turned to the much less world gamers. CommScope was claiming it may gain advantage from a possible ban on Chinese language-made 5G gear, whereas Chinese language database startup PingCAP might win if native companies flip away from U.S.-based giants like Oracle and IBM. Bloomberg’s Lulu Chen explores how some of China’s biggest startups, together with Mobike and Xiaomi, are signing up with PingCAP as an alternative of the overseas competitors. PingCAP — mashing the time period for verifying an internet connection, ping, and the CAP computing theorem — was based by three programmers whose former employer, a mobile-apps firm, was acquired by Alibaba. Impressed by Google’s Cloud Spanner, which pioneered the distributed database mannequin, the trio — Huang, Liu Qi and Cui Qiu — started creating an open-source database administration system that will enable firms to infinitely broaden their information storage by merely linking extra servers to current ones. “Consider conventional database mangers like a hard and fast glass container, each time you run out of storage it’s important to get a much bigger one,” mentioned Huang. “What our system does is that you could hyperlink as many cups collectively as you need.” IN CASE YOU MISSED IT How TaskRabbit Got Its Start and Helped Spawn the Gig Economy By Dinah Eng How Much Is Your Data Worth to Facebook and Google? A New Senate Bill Aims to Find Out By Alyssa Newcomb Amazon Gets Patent for Drone Surveillance System That Could Send the Company’s Eyes Into the Sky By Xavier Harding Airbnb Gets Swanky With Chateaus and Beach Homes Costing Up to $1 Million Weekly By Danielle Abril Women’s World Cup: VAR Instant Replay Tech Has Players and Fans up in Arms By Xavier Harding Digital Health Companies Hit a New VC Funding Record in 2018 By Sy Mukherjee BEFORE YOU GO Fb is the most important firm creating its personal cryptocurrency, however dozens of smaller outfits have additionally rolled their digital tokens for varied functions. The funniest digital providing, sadly, is not actual, however a spoof from The Onion: RoloBucks. Sure, that is a digital foreign money linked to the chocolate and caramel sweet. “Right here at Rolos, we perceive the significance of shopping for your chocolate with nameless, untraceable cryptocurrencies,” fictional Nestle exec “Steve Presley” says. Sounds yummy. This version of Information Sheet was curated by Aaron Pressman. Discover past points, and join different Fortune newsletters. Source link
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