14, 2014 2:49 p.m. ET Web-based small-business lender OnDeck Capital Inc. is preparing to file for an initial public offering that could value the business at roughly $1.5 billion, people familiar with the matter said. The New York company is working with investment banks including Morgan Stanley, Bank of America Merrill Lynch, J.P. Morgan Chase & Co. and Deutsche Bank on the deal, the people said. It is aiming to raise around $200 million in the IPO,… Get The Full Story
For the original version including any supplementary images or video, visit http://online.wsj.com/articles/small-business-lender-ondeck-prepares-to-file-for-ipo-1408040903
Small business owner targeted by DOJ Operation Choke Point | American Action News
Get Found Now. Join oGoing “Thank you for creating such a wonderful network. Every small business owner should be on oGoing” – Stephanie Ardrey, iVentLABS, Newport Beach Networking your business! Connect with 10,000+ trusted small businesses & SMB Marketing your company! Promote your products & services with best social media Do more now! Find new referrals for your business, and post your business needs Talk more! Engage on Facebook, Google+, LinkedIn, Twitter, YouTube Boost your business! Generate warm leads, Attract new customers and Grow sales Who should join? OGoing caters to local small and home businesses from $1 to $100 million in sales: startup, small business, home business, emerging business, service providers, veterans, entrepreneurs, owners and SMB Drive your small business forward on OGoing! Go BIG and GROW!
For the original version including any supplementary images or video, visit http://bit.ly/MQYvSA
Join Ogoing Small Business Social Network Social Media | Promote your business, Attract new customers
After researching his case on the Internet, Brookman says he concluded that his banker, JP Morgan Chase, closed the account because two of his business activities dealing in vintage coins and selling firearms were labeled high risk by federal bureaucrats as part of an Obama administration initiative called Operation Choke Point. A House report indicates that a primary target of Operation Choke Point is the short-term lending industry. A more expansive list of out of favor, non-financial businesses includes certain ammunition merchants, coin dealers, home-based charities, and sellers of pharmaceutical drugs also lawful enterprises.
For the original version including any supplementary images or video, visit http://americanactionnews.com/articles/small-business-owner-targeted-by-doj-operation-choke-point