A year into the pandemic, with the outlook for SMBs in New Jersey seeming slightly better based on recent economic data, Piermont Bank founder and CEO Wendy Cai-Lee explores how to leverage your bank to help stabilize your business, finance your growth and move forward. And how your bank can play a more active role in helping navigate the financing landscape.

BMO Harris Bank will use Hope Trust's platform to sponsor 20 of its clients with one-year licenses for its planning service and administration platform for clients with special needs and their families.

Since 2020, over 9.87 million PPP loans have been doled out to small businesses nationwide to help ease the economic challenges caused by the COVID-19 pandemic.

Totaling $70,000, the direct payments are part of the Federal Home Loan Bank of New York’s COVID-19 Small Business Recovery Grant program.

In addition to helping shape and advocate the organization's national policy positions and programs, James Hughes does grassroots work in New Jersey and Pennsylvania to promote pro-community bank policies and serves as a liaison between community banks and Independent Community Bankers of America staff and leadership in Washington, D.C.

A recent Marijuana Banking Update from FinCEN, the Financial Crimes Enforcement Network of the United States Department of the Treasury, found that 515 banks and 169 credit unions nationwide serve cannabis-related businesses. Out of the approximately 5,000 banks nationwide, that’s a relatively small number to handle the estimated $18.3 billion in legal cannabis sales in 2020. The SAFE Banking Act would change that.

The Fort Lee-based bank will work in conjunction with the financial health startup to provide affordable financial products that encourage and help individuals in underserved communities build credit, increase savings and access money when necessary.

The Wall Street rating agency cited "the legacy of decades of structural budget mismatches and escalating liabilities that had only partly been addressed by the time the coronavirus pandemic unfolded with the state as an initial epicenter.”

From the institution's office in Fairfield, Mike Mangione will guide the bank’s locations in Morris, Middlesex, Somerset and Union counties to better understand client needs and preferences, and to strengthen client relationships.

The development with the world's largest cryptocurrency app - with 10 million users - will now allow the Jersey City fintech to make markets in additional tokens and asset pairs.

The Taft Communications CEO talks about the firm's approach, rise of environmental, social and corporate governance -- or ESG -- investing and how corporate behavior can affect recruiting efforts.

In March, Gov. Phil Murphy signed a bill requiring New Jersey school districts to incorporate instruction on diversity and inclusion. Some business leaders wish he’d do the same thing for entrepreneurs. It’s not as though the state has ignored minority business owners, they say. It’s just that the process is so convoluted — at the federal level too — that many small business owners get discouraged.