New Credit Card Chips and Small Business
Next month, the new technology coming into our debit and credit cards (it’s called EMV) is taking place. There are still questions about the technology, regulations, and timeline. We’re here to answer a few.
Happy Veterans Day!
At OBDC, we know that veterans are a critical part of our small business community. Here are some of the things we are celebrating this Veterans Day:
Cyber Fraud and Small Business
It has always been important for small businesses to safeguard private information; today even more so because so much of business operations and sales are done online. Small businesses in particular are vulnerable to hacking. Hundreds of millions of dollars every year are stolen by cyber thieves, and, as an NPR article reports, small businesses may have no recourse to recover losses.
Anasa Yoga Celebrates Veterans Gratitude Week
We’re thrilled to share that our client Anasa Yoga is offering donation-based classes in honor of Veterans Gratitude Week. All proceeds from these classes will benefit the Veterans Yoga Project. If you are looking for a workout that does your body and our community good, please visit Anasa Yoga for the following classes:
OBDC receives $1.45 million to expand services to diverse-owned businesses
Today, Wells Fargo announced that OBDC Small Business Finance, a nonprofit community development financial institution (CDFI) headquartered in Oakland, received a $700,000 grant allocated over three years and $750,000 of lending capital from Well Fargo’s newly formed Diverse Community Capital Program.
Celebrate Veterans Small Business Week with OBDC!
On Thursday, November 5, OBDC is hosting a panel of business resources for veterans. Join us to hear from our partners at the Alameda County Small Business Development Center (SBDC), the Small Business Administration (SBA), East Bay SCORE, and FICO.
Why should you formalize your business?
Formalizing your business, or getting your business license and all necessary permits approved, is a critical component of getting your business off the ground. Without these documents, your business may be exposed to additional liability and fines.
Meet our Borrowers: Chop Bar
Six years ago, Oakland Chop Bar launched in Jack London Square, and now the business is thriving. Check out an excerpt of Chop Bar’s profile:
What the Affordable Care Act means for your business, today
The Small Business Administration and Small Business Majority have set up a series of webinars for small business owners to understand the reform and employer-shared responsibility provisions, as well as learn about the small business health care tax credit.
Meet our Borrowers: Dark Garden
“Many people on our staff have come to Dark Garden after working in jobs that just didn’t work for them. We’re a place where people can feel at home while making a living,” says Autumn.