Idaho Business Review IBR

A Northwest organization that lends money to help small businesses start has received a 33 percent increase in the amount of funding it receives from a Boise-based nonprofit. MoFi, a community development financial institution, has received $50,000 from Capital Matrix ...

Tagged with: Capital Matrix cdfi mofi

MINNEAPOLIS, MN – Three years ago Arlan Hamilton was homeless and on a good day had $12 in the bank. Today she is founder and managing partner of Los Angeles-based Backstage Capital, which has invested more than $5 million in ...

An Eagle investment company is turning to big data to help make its trading decisions by hiring a data scientist from Bogota, Colombia. Daniel Fernandez will be a quantitative analyst for ProfitScore Capital Management. “Specifically, he will be spearheading the ...

Tagged with: daniel fernandez profitscore capital management raino zoller

Four Idaho credit unions recently received more than $30,000 in grants from the National Credit Union Administration (NCUA). Grant awards, intended for low-income credit unions, ranged from $1,300 to $20,000, for a total of $2 million made to 203 credit ...

Tagged with: credit unions ncua

Early 20th-century bank robber Willie Sutton apocryphally said he robbed banks because that’s where the money was. Using that same logic, cybercriminals are bypassing individual companies, instead hacking accounting and tax professionals. “It is a big concern for us,” said ...

Tagged with: accounting cybersecurity Idaho State Tax Commission

This is the time of year when efforts like Small Business Saturday arise. Instead of buying items at the mall or online, people should shop at local small businesses, such promotions say, keeping the money – as well as sales ...

Small business owners may be able to save on their taxes for 2018, but it’s complicated. The provision, also known as the “pass-through provision” but formally known as the Qualified Business Income Deduction or Section 199A, was part of the ...

Tagged with: accounting dallas millington mike lindstrom Small Business taxes

Idaho residents are more likely than those of neighboring states to use at least some banking services, but residents of the state still use alternative services such as check cashing and payday loans, according to a recent survey by the ...

Tagged with: banking fdic idaho bankers association trent wright

A Berkshire Hathaway entity has assembled long-term, fixed rate financing to pay off construction costs of two hotels in downtown Boise that are roughly a year old. Berkadia, a joint venture of Berkshire Hathaway and Jefferies Financial Group, on Oct. ...

Tagged with: Financing Hyatt Place Residence Inn

Idaho Central Credit Union (ICCU), which caused a stir earlier this year by acquiring a 52-acre parcel in Meridian, is partnering with Ball Ventures Ahlquist (BVA) to develop the property, starting with a five-story office building for the financial institution. ...

Tagged with: Ball Ventures Ahlquist Idaho Central Credit Union tommy ahlquist