BusinessCreditBuddy.com Weekly Business News Roundup Vol. 3

 WhatsApp Business Launches

Facebook-owned WhatsApp launched a new stand-alone app, called WhatsApp Business, designed to help small businesses easily connect with their customers, the company announced on Thursday.

WhatsApp Business can be downloaded on the Google Play Store in select markets including the US, UK, Indonesia, Italy, and Mexico, and will roll out worldwide in the coming weeks. Facebook has not yet stated when the app will be available on iOS.

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How Your Online Brand Can Get You A Business Loan

Managing your business’s online brand is an integral part of any marketing strategy, but it may also help you to get a business loan. An increasing number of the largest online lenders, such as Kabbage (a ValuePenguin affiliate) and Funding Circle (also a ValuePenguin affiliate), are relying on online data in addition to traditional data points to gain a fuller picture of a business’s health.

Kabbage, which recently received $200 million in funding from Credit Suisse, uses a fully automated underwriting process (involving no humans) to approve applicants and requires business owners to link online accounts, which run the gamut from bank accounts to vendor accounts, to complete an application.

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Business School Are Attracting More Women

Women’s events and fellowships are two tools among many that schools use to achieve better gender balance. In 2016, the Graduate Management Admission Council found women made up only 37 percent of applications to full-time two-year MBAs globally, although more women than men now graduate with university degrees in the US and most of Europe.

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