AGP Executive Report
Last update: 11 hours agoPayment Processing: Washington small businesses could share in a $600,000 settlement with Riverside Payments over alleged deceptive savings claims and difficult cancellations. More than 300 firms may qualify for compensation and can cancel without termination fees under the proposed order. SBA Lending: 7(a) loan approvals hit $10.6 billion in the third quarter, but growth favored larger borrowers: loans above $1 million made up 70% of dollars, while approvals under $150,000 fell 23%. Holiday Sales: Bank of America’s survey found 39% of consumers expect to spend less this holiday season, and more plan to shop in early December than around Black Friday—signals for retailers planning inventory and promotions. Owner Costs: An Alabama entrepreneur says his family’s health insurance premium is set to reach about $51,000 a year in 2027, underscoring the steep coverage costs facing some self-employed owners.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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