19 Recession Proof Businesses – Small Business Trends

Benz Seo

Recent world events have been leading us towards a recession for a while now and economic predictions suggest it will arrive sooner rather than later. This is bad news for a lot of businesses, but not all business ideas are at risk of an economic downturn.

To be recession proof means that your business continues to thrive even while other industries are cutting costs or laying people off. It also means preparing for a recession.



19 Amazing Recession Proof Business Ideas

A recession proof business can be very profitable for people both during the good times and the bad. No

Read More

Report: Construction contractors eager for business growth in 2021 despite unique industry cash-flow challenges | Texas News

Benz Seo

AUSTIN, Texas, May 17, 2021 /PRNewswire/ — Billd, a leading provider of financing for commercial subcontractors, recently released their inaugural industry report, titled 2021 National Subcontractor Market Report: Business Growth & Financing. While the survey found that construction contractors have maintained an optimistic entrepreneurial spirit despite the obstacles of the COVID-19 pandemic and economic challenges like skyrocketing building material prices, the data also suggests that ongoing cash-flow problems will likely prevent many from achieving their business-growth goals in 2021 and beyond.

The new report surveyed 572 general contractors and subcontractors in commercial construction, many of whom are

Read More

Customers Bank Expands Consumer Installment Loan Program With Upstart

Benz Seo

WEST READING, Pa. & SAN MATEO, Calif.–(BUSINESS WIRE)–Upstart (NASDAQ: UPST), a leading artificial intelligence (AI) lending platform, today announced Customers Bank, a full-service super-community bank and subsidiary of Customers Bancorp, Inc. (NYSE: CUBI), has expanded and extended its bank partnership with Upstart to scale its personal loan program through the Upstart Referral Network and its own consumer banking site.

Through Upstart’s AI lending platform and the Upstart Referral Network for personal loans, Customers Bank has been able to make better and faster risk-based credit decisions and approve more creditworthy borrowers. Customers Bank’s partnership with Upstart has helped it

Read More

Bill Gates’ reputation could be clouded by reports about his personal life

Benz Seo

In the last decade, Bill Gates cultivated a straightforward public image.

He earned a reputation as a visionary global philanthropist. He drew wide attention as a self-styled expert on Covid-19. He endeared himself to self-proclaimed nerds as they ascended in popular culture, even making a cameo appearance on the sitcom “The Big Bang Theory.”

But in the wake of the announcement that Gates, the co-founder of Microsoft, and his wife, Melinda French Gates, plan to divorce after 27 years of marriage, a series of news reports have complicated his celebrity persona and raised questions about his personal life.

The Wall

Read More

What 3 Experts Are Saying About Pipeline Attack and Cyber Insurance

Benz Seo

Here is what AM Best, Fitch Ratings and CyberCube think about the recent ransomware attack that shut down Colonial Pipeline:

AM Best: Spotlight on Cyber Insurance

The ransomware attack on one of the largest pipelines in the United States highlights the interconnectedness of cyber risk and the importance of cyber security to all business operations, according to a new AM Best commentary.

In its Best’s Commentary, “Colonial Pipeline Attack Throws Spotlight on Cyber Insurance Market,” AM Best notes that premiums for standalone cyber policies grew more than 28{fbc7a75af74adfbeb2d3baecdf7daa64e5d3521205059ee8f1fef6bec19bbc34} in 2020, reflecting price increases and a move by the insurance industry

Read More

Crypto financial services firm Babel Finance raises $40 million in Series A funding

Benz Seo

Babel Finance, the Asia-based, crypto-focused financial services firm, announced Monday that it raised $40 million in Series A funding.

Participants in the round included Tiger Global Management, Zoo Capital, Sequoia Capital China, Dragonfly Capital, BAI Capital and Bertelsmann, according to a press statement. Babel said that some of the firm’s existing investors all took part. 

“The alliance with our new investors from traditional finance is a critical step for us to offer more innovative products, strengthen compliance controls, and ultimately provide a full suite of reliable services to meet the growing demand from mainstream investors who are keen to add

Read More