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The Small Business Administration plans to unveil new government-backed credit lines of up to $5 million for small businesses. In coming months, the SBA will launch a working capital pilot program designed to be more attractive than existing products. The program aims to provide small businesses funding for specific projects or to borrow against their assets. The SBA's new working capital lines offer small business owners the option to fund specific projects or borrow against their assets, with interest rates ranging from approximately 12% to 15%.

SBA to Introduce New Government-Backed Credit Lines Up to $5 Million for Small Businesses

⏲ 0:36 👁 845K

WOOD TV8

Top financial scams plaguing Americans

⏲ 3 minutes 38 seconds 👁 35.1K

PIWORLD

LPeC (Listed Private Capital)Part 1: featuring NB Private Equity Partners, CapMan, Gimv NV

⏲ 1 hour 19 minutes 39 seconds 👁 133

The International Air Transport Association predicts global airline revenue will increase by 9.7% by 2023. While revenue is projected to grow, total airline expenses are also expected to reach a record high, up 9.4% year-over-year. Profit margins for airlines remain thin, with an expected return on capital of just over 5% in 2024, below the average cost of capital of over 9%. The trade association estimates airlines will earn just over $6.14 per passenger in 2024, which it says is 'barely enough for a coffee' in many places. Record passenger numbers of 5 billion are expected in 2024, showing strong demand but tight margins.

Airlines to Earn Just Over $6.14 per Passenger in 2024, 'Barely Enough for a Coffee'

⏲ 0:47 👁 475K

Bloomberg Television

Why Leon Black Is the Most Feared Man in Private Equity

⏲ 3 minutes 51 seconds 👁 17.9K

PWL Capital Inc

Investing 101: Financial Literacy Month Webinar | PWL Capital

⏲ 59 minutes 38 seconds 👁 142

A dad who runs a driveway cleaning business called EasyJetwash is being threatened with legal action by billionaire easyJet founder Sir Stelios Haji-Ioannou. <br/><br/>Jozsef Spekker, 43, charges around £100 to pressure wash people's drives, patios, garden paths and conservatories.<br/><br/>He has run his one-man business for three years but is now in hot water with easyGroup, which is owned by budget airline boss Sir Stelios.<br/><br/>The multinational venture capital conglomerate - worth billions - has written to Jozsef ordering him to rebrand his business or face a costly legal battle.<br/><br/>Jozsef, from Newcastle-under-Lyme, Staffs., said: “They explained how my branding was very harmful for their business. <br/><br/>“They wanted me to take all the branding off Facebook and social media, and close it <br/>down. <br/><br/>“If I do what they want me to do I have to close the business. I’d have to start again. <br/><br/>“The first two years I spent a lot of money on advertisements. <br/><br/>“I have hundreds of videos on YouTube, a ten minute video takes a long time to edit. I have at least 160 videos. People like to watch them. <br/><br/>“It’s mainly the word easy which is the problem. I call myself EasyJetwash. <br/><br/>“If you go through most of my social posts I higher case Easy and Jet. <br/><br/>“I try and keep it obvious that we are nothing to do with easyJet. <br/><br/>“They are hanging on to the word ‘easy’, saying that I am trying to confuse their customers into believing I am part of their group. <br/><br/>“I look very, very different. <br/><br/>“All the business I do, they don’t offer. <br/><br/>“The whole idea of calling my business EasyJetwash is that I made hard physical work very easy with the right equipment and it is really simple and easy to do.<br/><br/>“They [easyJet) don’t offer any exterior cleaning or building restoration, which I do. <br/><br/>“Which is why my trademark was accepted. They didn’t challenge my trademark. <br/><br/>“I am totally scared. Who am I compared to a multi-billion pound corporation? <br/><br/>“Just a few weeks ago I paid off £800 on my credit card and I have no savings. I can’t fight them in the court.”<br/><br/>Jozsef applied to trademark his company name and was approved in April 2022.<br/><br/>The Hungarian-born business owner, who suffers from degenerative arthritis, says the stress has left him feeling “worried I’ll lose everything”.<br/><br/>He added: \

Dad who runs driveway cleaning company EasyJetwash in hot water with easyJet

⏲ 4:44 👁 3M

Geraci LLP

3 Ways Our Fund Managers Raise Capital

⏲ 1 minute 39 seconds 👁 3.1K

Mark Peter Davis

Diversification Demystified: Creating a Balanced Portfolio

⏲ 30 minutes 51 seconds 👁 30

The leader of Democratic Party made a last-ditch call to voters in the Italian capital ahead of EU elections.

'We are the alternative': Italy's Democratic Party makes final appeal to voters

⏲ 2:17 👁 9.5M

Colin Hassett

Long-Term Capital Management (LTCM) Explained

⏲ 4 minutes 59 seconds 👁 16.3K

Capital Mindset

Payment Processors are VERY CHEAP if......

⏲ 20 minutes 11 seconds 👁 651

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