If you think cyber security is expensive, you should try getting hacked. Now THAT’s expensive, both to your wallet and to your business’ reputation. According to a report by Symantec, 43% of cyber crimes were focused on small businesses in 2015, and that number has increased significantly every year. Why? Small businesses typically have the same kinds of information as large businesses do, but they usually have less security. Fortunately, you are not helpless. [...]
A certified public accountant (CPA) is an asset for a small business owner, and not just at tax time. Entrepreneurs sometimes turn to DIY methods to save money and take an active hand in running their businesses, and there are many cases in which this can work out great. Accounting is not one of them. Small business owners are not legally required to use a professional accountant, but the financial statements and advice they [...]
Constance Anderson Takes the Helm as President of The Center for Strategic Economic Studies and Institutional Development
The Center for Strategic Economic Studies and Institutional Development (“The Center”) announced today that Constance Anderson is the organization’s new president.
Lendistry Entered into a $50M Credit Facility from East West Bancorp (EWBC) for Affordable Small Business Lending
Lendistry announced today that East West Bancorp entered into a $50 million credit facility for the expansion of Lendistry’s inclusive and affordable small business lending platform.
There’s no reason to live in fear, but being prepared is the responsible thing to do for your own team and for your community.
Entrepreneurial experts are talking up the importance of selling an experience more than a product to get people to break out of the screen world and walk into their stores.
Lendistry participated in the 35th Annual Airport Minority Advisory Committee (AMAC) Business Diversity Conference in Los Angeles this August.
Lendistry Receives $250K Commitment From State Bank of India (California) to Provide Financial Opportunities for Local Businesses
State Bank of India (California) (SBIC) has committed $250K to Lendistry’s CRA Loan Fund I to provide financial opportunities to businesses in underserved communities in the Los Angeles area.
Will opening a bookstore make you a millionaire? No. Is it a labor of love? Absolutely. But if you love books and you love your community, it’s also a viable and rewarding endeavor.
Stacie Olivares-Castain, Chief Investment Officer California Governor Gavin Newsom announced on Thursday the appointment of Stacie Olivares-Castain, Lendistry’s Chief Investment Officer, to the California Public Employees’ Retirement System Board of Administration. With a market value of $377 billion, the California Public Employees’ Retirement System (CalPERS) is the nation’s largest public pension fund serving more than 1.9 million members in the retirement system and 1.5 million members and their families in the health [...]
Farmer’s markets are the perfect setting for small food businesses to test out new offerings on a small scale, and let’s face it, they’re just plain delightful.