Small Business News
FICO Announces “Score A Better Future” Virtual Event for Small Businesses
In recent years, FICO has hosted a number of public events intended to help consumers better understand their credit. Dubbed “Score a Better Future,” past sessions have taken place in locations across the country. Now, FICO is partnering with the Small Business Roundtable, the National Association of Women Business Owners, and the United States Hispanic Chamber of Commerce to present a special Score A Better Future | Small Business virtual event.
The free presentation will take place on June 24th at 2 p.m. Eastern. Small business owners interested in attending can register now by visiting the FICO site. During the event, attendees will hear from Small Business Roundtable Co-Executive Director John Stanford, National Association of Women Business Owners CEO Jen Earle, and U.S. Hispanic Chamber of Commerce VP of Government and International Affairs, C. LeRoy Cavazos-Reyna. Among the topics that will be covered during the session will be how to obtain low-interest loans, tips for navigating financial downturns, how to leverage personal finance knowledge to achieve entrepreneurial goals, and more.
As FICO notes, small business and consumer finance often overlap. In fact, U.S. census data shows that 75% of small business owners rely on their own capital in order to fund their businesses. Meanwhile, the more than 30 million small businesses in the United States employ more than 60.5 million people — which equates to nearly half (47%) of the total labor force.
Commenting on the need for events such as Score A Better Future | Small Business, session speaker Jen Earle stated, “Financial literacy is incredibly important for our community of women business owners as they work through every stage of their business, and understanding their FICO Score and how to leverage it is a large part of that.” Similarly, Cavazos-Reyna of the USHCC remarked, “FICO is providing the opportunity for small business owners to acquire the necessary resources to uplevel their personal finance knowledge. Our organization represents over 4.7 million Hispanic owned businesses and we are thrilled to have FICO share key credit information and resources with our vibrant community.
Obviously FICO’s Score A Better Future | Small Business comes after what’s been a challenging year for entrepreneurs and small business owners. While surviving the past several months has provided an education itself, there’s certainly still a lot that business owners can learn from this event. As John Stanford of the Small Business Roundtable notes, “As our nation continues to recover, capital access remains a top issue for American entrepreneurs. Good credit is paramount to ensure business owners can succeed and grow their businesses.” With that in mind, for more information, visit ScoreaBetterFuture.com.
