Meet our Borrowers: Back to the Roots
Back to the Roots is working to “undo food”, leading a new wave of food that demands total transparency about ingredient sources and the content of what’s on the table.
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.
What is a lending circle?
OBDC Small Business Finance is thrilled to partner with Mission Asset Fund to offer lending circles to small business owners in our program areas. When banks are not available, people across the globe lend each other money. LendingCircles.org has taken this to a new level by incorporating credit reporting. Now, in addition to accessing funds, a participant’s credit score can improve through positive credit activity.
Mayor Lee visits OBDC client iCafe in San Francisco
Located in the heart of San Francisco’s Chinatown, International Cafe (iCafe) is located across from Portsmouth Square. Just last week, San Francisco’s mayor visited iCafe during his visit to Chinatown.
How are you celebrating Black Business Month?
Briana Morgaine’s recent post “8 Tips for Entrepreneurs Who Are Balancing Their Business with Their Day Job” reminded us of the importance of planning as you launch and grow your business. The best take-away from this post is taking the time to plan and prepare.
Farley’s launches a profit-sharing program
Farley’s, an OBDC client, was featured in the news recently for their newly-launched employee profit sharing program. Every employee who has been with the company for at least six months will receive a share of 10% of the profits. This is additional income, not a paycheck deduction, demonstrating Farley’s deep commitment to the community and the people who make their business run day-to-day.
Balancing your business and your day job
Briana Morgaine’s recent post “8 Tips for Entrepreneurs Who Are Balancing Their Business with Their Day Job” reminded us of the importance of planning as you launch and grow your business. The best take-away from this post is taking the time to plan and prepare.
Meet our Borrowers: Noble Brewer
Noble Brewer celebrates the stories of homebrewers and gives them a platform to showcase their creativity and their stories. Here is an excerpt from our interview with Claude Burns, owner of Noble Brewer:
You’re Invited to an Open House
East Bay Bus Rapid Transit (BRT) Project Open House – On Thursday, August 6, AC Transit, the City of Oakland and the City of San Leandro will hold an open house on the East Bay Bus Rapid Transit (BRT) Project from 5:00 to 7:00 p.m.
SBA 7a Lending Resumes
OBDC is thrilled to be one of the Small Business Administration’s partners. The SBA 7(a) loan product is an important part of our work, because it offers our clients the opportunity to use the loan funds to buy or operate a business, purchase or improve equipment, and refinance business debt, all with a relatively low interest rate.
