Bank of America’s small business loan portal is up

Bank of America said Friday evening that through its first day administering a small business relief program, more than 85,000 customers applied for $22.2 billion in loans.

The bank was the first major lender to get its web portal for the Paycheck Protection Program up and running, and it was soon inundated with requests.

“That is an astounding number of applications to take in such a short period of time and considering we just launched the site this morning at 8:45 a.m.,” a Bank of America manager told staff in an email. 

As of mid-afternoon Friday, among the largest U.S.

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Tesla rises strongly after increasing sales 40% in the first quarter

The US electric car maker Tesla registered worldwide registration volume of 88,400 units during the first quarter of this year, representing a historical figure and an increase of 40.3% compared to last year’s data.

Part of this momentum may come from the opening of its new mega-factory in Shanghai, China. This has been the entire first quarter the factory has been operating, except for two weeks in February for the coronavirus – something Tesla describes as one of the “significant headwinds” of the period. However, it is also unclear how much China has contributed to the overall computation because Tesla

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How To Generate SaaS Leads Through SEO

In the SaaS field, a lead is recognized as a person who has not bought your product or service yet but shows signs of being a potential buyer by showing interest in whatever you are offering. However, to change that potential customer to an actual buyer, you would need to educate and inform them about your services or products and ensure that they become a customer. Thus, when it comes to SaaS companies, where most of your customers and clients will approach you online, generating leads via SEO becomes crucial.

With that in mind, here are several strategies to generate

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Cardi B Donates to NYC Healthcare Workers Following a Personal Healthscare

Belcalis “Cardi B Almánzar showed her appreciation to New York medical professionals on the frontlines in the fight against COVID-19 by making a massive meal donation. According to the New York Post’s Page Six, the Grammy Award-winning rapper supplied 20,000 bottles of Owyn, a plant-based vegan meal supplement drink, to hospitals around the city.

Her rep said she wanted to provide sustenance for healthcare workers and ambulance crews who are too busy to have a proper meal in light of the coronavirus pandemic, TMZ reported.

The donation was reported days after the Bronx-born artist admitted herself to an emergency

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In The News: Gig Workers Tackle Pandemic, What Small Business Owners MUST Know

As more people look to keep working during the coronavirus pandemic, a new report reveals 85% of gig workers aren’t afraid to work. And as more people deal with the virus, 70% say they will keep working as long as safety measures are in place.

This week’s roundup looks at how small businesses are not only coping with COVID-19 but also how they keep working under the circumstances.

The first news is there is a $2.2 trillion stimulus package which will provide the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). It will greatly expand the 7(a) SBA

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30 Israeli medical innovations to fight coronavirus

30 Israeli medical innovations to fight coronavirus

Israel’s innovators in the field of diagnostics, treatment, care management are much more, adapting technologies to ease the coronavirus burden on the world.

#CovidCare

The coronavirus crisis is first and foremost about people.

People stuck at home, people out of work. People sick with the virus, people caring for them. People canceling dream weddings and vacations, people deciding public-health policies.

Technology is also about people.

Here in Israel, a powerhouse of innovative technology, people are busy inventing and adapting technologies to ease the corona burden.

“Technology has a great role to play in

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4 Types Of Follow-up Emails Ecommerce Sites Need To Send

About the only thing worse than high cart abandonment rates on an ecommerce website, is a customer who buys once and never returns to add more Benjamins to your profits.

Here’s some fast facts to illustrate the importance of follow-up emails – and the follow-ups to the follow-ups:

  • 80% of sales will require 5 follow-ups to close a deal.
  • 44% of salespeople give up after one follow-up attempt.
  • 63% of information requests (ie., opt-ins) won’t convert to a sale for at least 3 months – 20% will take up to a year.
  • Up to 50% of sales go to the
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