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Small Business Funding

Magic City Classic helps small businesses get new customers [Video]

BIRMINGHAM, Ala. (WIAT) The Magic City Classic brought thousands of fans and millions of dollars to Birmingham this week. Some of the businesses said that this is one their biggest weekends of the year. All of the fans tailgating and getting into the action at the magic city classic creates a huge boost. CBS []

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Small Business Funding

Rossen Reports: How to understand and monitor your credit report [Video]

Monitoring your credit report is crucial for maintaining a healthy credit score.Many of you have reached out to Rossen Reports, wanting to know what to look for in your credit report.First, check the personal information section to ensure your name and address are correct.Next, review the section with your credit accounts to verify your loans and credit cards and confirm timely payments.Look at the inquiries section to see which companies or lenders have recently checked your credit.Check the public records section for bankruptcies and the collections section for any debt turned over to collections.Late payments should not appear in your report if they are more than seven years old, and bankruptcies can remain for up to 10 years.If you find an error, you can dispute it online, by phone, or by mail with Experian, Equifax, or TransUnion.The credit bureaus have 30 days to investigate and respond, and they can extend the investigation by 15 days if you submit additional documentation within that period.Have a question for Jeff Rossen? Hes answering your consumer questions every Friday in the new segment “Rossen Responds.” Email your questions to him at RossenResponds@hearst.com. Want bonus content and exclusive deals? Make sure to sign up for our free newsletter at RossenReports.com.

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Small Business Funding

Funding to replace Bourne Bridge lags billions behind Sagamore [Video]

Both of the Cape Cod bridges need to be replaced but funding for one of the projects is lagging behind the other. While Massachusetts has received several federal grants toward replacing the Sagamore Bridge, the state has recently been unsuccessful at obtaining grants for the Bourne Bridge. During an interview for Sunday’s episode of “On The Record,” Sen. Ed Markey was confident the delegation and Gov. Maura Healey will find funding for the Bourne Bridge. “She’s got a great team in place. We’re going to partner with her and Sen. Warren and I and Congressman Keating and we’re going to go right back in and we’re going to continue to advocate for the Bourne Bridge as well,” he said. Both bridges opened to drivers in 1935 and are responsible for transporting hundreds of thousands of people onto and off Cape Cod every year. According to a Mass.gov web page, the Bourne and Sagamore bridges are “functionally obsolete,” and they “no longer meet the needs of the traveling public.”The full cost of replacing the bridges had exploded to more than $4.5 billion.In August 2023, Massachusetts Gov. Maura Healey announced her administration would take a phased approach to replacing the bridges. She decided to focus on the Sagamore Bridge first. For the Sagamore Bridge, Massachusetts has so far secured $1 billion in funding from the federal Bipartisan Infrastructure Law Bridge Investment Program; $372 million from the BIL Federal Multimodal Project Discretionary Grant Program; and $350 million from the fiscal year 2024 Energy and Water Development Appropriations Act. There’s also $700 million in state funding pledged to the effort.MassDOT said it expects construction on the Sagamore to begin in late 2027 or early 2028 and work could last up to 10 years.”We are proud to have secured $1.7 billion in federal funding to rebuild the Cape Cod Bridges,” Healey said in a statement issued Friday. “We’ll continue aggressively competing for every available opportunity to win federal funding for transportation infrastructure across our state.” Markey and Warren asked for $5 million in appropriations this year to keep the Bourne in a state of good repair ahead of a full replacement.

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Small Business Funding

This woman needs her side hustle to pay off her student loan debt NBC 6 South Florida [Video]

After earning her masters degree, Nicole, a mother of two living in Los Angeles, realized that her full time job wouldnt be enough to pay off her student debt, to cover her expenses and to start a family. She decided to revisit one of her childhood past times as an alternative to maintain her finances.

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Small Business Funding

Rossen Reports: How to understand and monitor your credit report [Video]

Monitoring your credit report is crucial for maintaining a healthy credit score.Many of you have reached out to Rossen Reports, wanting to know what to look for in your credit report.First, check the personal information section to ensure your name and address are correct.Next, review the section with your credit accounts to verify your loans and credit cards and confirm timely payments.Look at the inquiries section to see which companies or lenders have recently checked your credit.Check the public records section for bankruptcies and the collections section for any debt turned over to collections.Late payments should not appear in your report if they are more than seven years old, and bankruptcies can remain for up to 10 years.If you find an error, you can dispute it online, by phone, or by mail with Experian, Equifax, or TransUnion.The credit bureaus have 30 days to investigate and respond, and they can extend the investigation by 15 days if you submit additional documentation within that period.Have a question for Jeff Rossen? Hes answering your consumer questions every Friday in the new segment “Rossen Responds.” Email your questions to him at RossenResponds@hearst.com. Want bonus content and exclusive deals? Make sure to sign up for our free newsletter at RossenReports.com.

Categories
Small Business Funding

Local small businesses impacted by Helene find maker space to sell items [Video]

ELIZABETHTON, Tenn. (WJHL) Many local small businesses impacted by Hurricane Helene found refuge at Mountain Made A Makers Collective pop-up space in downtown Elizabethton. Some vendors have damaged inventory from Helene, while others lost out on sales from canceled festivals. Mountain Made opened on Oct. 1, just a few days after Helene hit. Owner []