5% of the world’s population owns Twitter, but only 3% of its users.In the US, Facebook, which is the most popular social network, is the second most popular, with 12.2% of US residents using it.But Twitter is different.The company was founded in 2008 by four friends in Brooklyn, New York, but has since grown to…
Tag: sba microloan intermediary
The New York Post’s ‘New York City of Debt’
The New Yorkers of Manhattan, you can see why the rest of America loves you.You can even taste it.As the economy has slowed, the city has been on the front lines of the debt crisis.As of the end of June, New York City owed $3.5 trillion, more than double the amount of the previous year,…
Amazon Ireland says it won’t accept loans for microloans
Amazon Ireland said on Monday it would not accept loans from foreign lenders for the microloaning intermediaries Amazon and SBA Microloan, which offer financial products to small and medium-sized businesses in Ireland.The announcement came amid a debate in the Irish Parliament over the impact of the Brexit vote on small business lending.Earlier this week, the…