OBDC Expands Services for Borrowers
We are excited to share some additional services available to our clients, in an effort to continuously improve the ways in which we support you as you work to grow your businesses.
Make Sure the Minimum Wage Increase Doesn’t Hurt Your Bottom Line
Earlier this year, Oakland saw a $3.25 increase in its minimum wage from $9 per hour to $12.25 per hour. While some business owners have been adjusting to this increase, it’s now time to prepare for another increase.
Fall 2015 Newsletter
Dear Friends, OBDC Small Business Finance believes that our unique partnerships are a critical component to connecting our borrowers to the funding, education, and relationships they need to thrive. This year continues to be full of exciting new partnerships and initiatives. We’re thrilled to announce that OBDC was awarded $1.75 million by the CDFI Fund. …
Why Take Your Business Online?
You may not realize that going online can actually make you money by growing revenue and profits even while you sleep. Developing an online strategy may make it easier for customer to reach you when you can’t reach them.
Summer 2015 Newsletter
Dear Friends, OBDC Small Business Finance believes that our unique partnerships are a critical component to connecting our borrowers to the funding, education, and relationships they need to thrive. This year is proving to be full of exciting new partnerships and initiatives. I’m thrilled to share that Mission Asset Fund has named OBDC Small Business…
We love craft beer (businesses)
Our team at OBDC was thrilled to read a recent article in San Francisco Business Times about our borrower, Noble Brewer. OBDC’s loan to Claude Burns, CEO of Noble Brewer, closed in December 2014, and since then, his business has taken off, creating an artisan beer tasting community that brings homebrews to life.
myRA: A Retirement Savings Option for Small Businesses
Small businesses now have a new way to help their employees save for retirement. The U.S. Department of the Treasury recently introduced myRA (my Retirement Account), a new retirement starter savings account that is simple, safe and affordable for both employers and their employees. It was created for employees who do not have…
Spring 2015 Newsletter
Dear Friends, For 36 years, OBDC Small Business Finance has created opportunity by empowering entrepreneurs. This year is positioned to be as busy and impactful as ever. · We have moved offices to accommodate our organizational growth. You can now find us at 2101 Webster Street, Suite 1200 in downtown Oakland. · We just…
Winter 2014 Newsletter
Dear Friends, We love watching the way the Bay Area community is supporting small businesses during the holiday season. Many OBDC-funded businesses participated in Plaid Friday and Small Business Saturday. If you’re interested in supporting local businesses with your purchases this month, check out this map showing our small business borrowers. If you’re a business…
Hiring with Confidence
Hiring great talent is a critically important, and also enigmatic, topic for many small businesses. Especially when applicants may have a criminal record, how are you to know the right questions to ask in the application process to minimize your risk and liability and maximize the talent pool available to your business?
