NEWS

November 27, 2018

TBS is on a roll. The Oklahoma City-based provider of small business funding solutions surpassed $1 billion in annual funding for the first time since it entered the business in 2004.

“Our unprecedented growth over the past 10 months is both a testament to our ongoing investment in technology to serve our clients better, and our commitment to being a happy workplace,” said Jennifer Fogg, president of TBS. “When our associates enjoy coming to work, that reflects in the way they serve our clients. It reverberates outward.”

A significant portion of that growth came from TBS Capital Funding, which experienced a 69 percent year-over-year increase in funding requests, due primarily to an increase in bank referrals and a recently launched Payment Accelerator program for construction subcontractors, created to add stability to the construction supply chain.

According to the U.S. Small Business Administration, small businesses account for almost two-thirds of net new private sector jobs, almost half of private sector employment, and more than 40 percent of high-tech jobs.

Small businesses are critical to the U.S. economy. And yet, according to the U.S. Census, half of all new small businesses fail within the first five years. Businesses fail for a lot of reasons, but usually it boils down to cash flow.

TBS has invested heavily in technology to eliminate friction in the funding process. In the past 10 months, the company has helped thousands of entrepreneurs beat the odds by providing immediate cash to meet payroll, pay suppliers, and grow, without the stress of waiting to get paid for work already performed.

November 27, 2018

Dorcas Reilly, the inventor of green bean casserole considered the “mother of all comfort foods,” died on October 15.

November 27, 2018

Breweries have crafted some of the most inventive, unique, and deliciously local brews throughout history. Here are the 10 most important craft beers ever brewed...

November 27, 2018

“When we started in 2011, there was dramatically less craft beer,” said Damian Fagan, Founder of Almanac Beer Co. in Alameda, CA. “Now there are 7,000 craft breweries in the United States.

November 27, 2018

On November 13 at Christie’s, Edward Hopper – the most celebrated painter of the solitary realities of 20th-century life – joined the unreality of today’s art market when his 1929 painting “Chop Suey” sold for $91.9 million<--break->, an auction high for the artist.

November 27, 2018

Takes a Beating... 

The heart is the first major organ to develop in a human body. And it is usually the last major organ to stop working.

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