Latest news with #MikeRandall
Yahoo
13 hours ago
- Politics
- Yahoo
Orange County moves Warwick polling site due to excessive heat
Orange County's Board of Elections moved a polling site in Warwick June 24 due to the excessive heat. Originally voters in two districts, 11 and 18, were supposed to vote at the St. Ignatius Church, 75 Main Street in the Village of Florida. Fatal fire: Goshen community mourns loss of father, two sons in 'devastating' house fire Due to extremely high temperatures and for the safety of voters and poll workers, that polling location was moved to the Florida Senior Center, 1 Cohen Drive in Florida. Republican voters in the town are choosing a candidate for district 2 in the Orange County Legislature. Mike Randall covers breaking news for the Times Herald-Record and the Poughkeepsie Journal. Reach him at mrandall@ This article originally appeared on Times Herald-Record: Orange County NY moves polling site due to excessive heat
Yahoo
6 days ago
- Business
- Yahoo
Simply Asset Finance's loan origination surpasses £1.75bn milestone
UK's Simply Asset Finance has announced that its total loan originations have exceeded the £1.75bn ($2.35bn) mark. The specialist lender company recorded pre-tax profits of £8.5m for the financial year ending 31 December 2024 (FY24), alongside revenues of £60.4m, marking a 13% increase year-on-year. Additionally, Simply Asset Finance expanded its gross loan book to £505m during 2024. Since its inception in 2017, Simply Asset Finance has grown its customer base to over 11,000 businesses and facilitated more than 22,000 agreements. The company stated that its results highlight a persistent market demand for customised lending solutions, as UK small and medium-sized businesses (SMEs), facing limited financial backing, pursue more dependable and adaptable funding options. Simply Asset Finance CEO Mike Randall said: 'FY2024 has been a year of milestone achievements, and only further underscores the strength of our platform and the demand we are seeing for flexible, SME-first finance. 'These results also reflect the successful execution of our strategy to expand our reach through multi-channel operations, building on a proven, profitable foundation and deepening integration with key partners. 'UK businesses showed remarkable resilience last year – even amid ongoing economic uncertainty and policy shifts like the announcement of changes to National Insurance and minimum wage. It is in this environment, SMEs need more than just funding – but a partner that understands their challenges and can offer practical support to fuel long-term growth.' The group's financial performance last year was bolstered by investments in operational scalability, strategic partnerships, and regional growth. In May 2024, the company migrated its loan book to Lendscape's cloud-native platform to support scaling. Furthermore, the addition of a new facility loan from Bank of America and an expanded commitment from the British Business Bank's ENABLE programme broadened the company's funding base. Simply Asset Finance said its regional strategy also yielded 'strong' results, supported by a growing national team of over 180 employees. In Northern Ireland, the Belfast office surpassed £100m in total loan origination, supporting more than 700 local SMEs since its launch in 2019. "Simply Asset Finance's loan origination surpasses £1.75bn milestone" was originally created and published by Leasing Life, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
03-04-2025
- Business
- Yahoo
These are the top 10 NY counties for small businesses, according to SmartAsset
Dutchess, Ulster, Orange and Sullivan counties all made the top 10 in a ranking of the best counties for small business owners in the state compiled by the financial technology company SmartAsset. SmartAsset recently published its ranking of all counties in all 50 states and how they stack up when it comes to being a good place to be a small business. In New York, SmartAsset said Ulster County ranks as the third-best county for small business owners, followed by Dutchess County in sixth place, Orange County in eighth place and Sullivan County in ninth place. SmartAsset said it considered five factors to determine which counties were the best places for small business owners. Those factors were the percentage of people in a county with small business income; the percentage of total income coming from small businesses; the amount of tax a potential resident must pay on their income; the five-year change of small business ownership rate; and the five-year change of small business income. To determine how attractive a region is for small business owners, SmartAsset compared the number of tax returns that reported small business income to the total tax-filing population of the region. Next, they compared the total amount of small business income to the total income reported in each region. Then they measured the change in those variables over a five-year period. According to SmartAsset, small businesses are typically incorporated as pass-through entities, which means that the business owners pay income taxes on the company profits rather than the company itself paying income tax. More: REAL ID deadline is approaching. What to know, how to apply in mid-Hudson Valley Because of this, income taxes can play a major role in determining the financial success of a small business. To determine income tax burdens across counties, SmartAsset used the national median household income and then applied relevant deductions and exemptions before calculating federal, state and local income taxes for each location. Those five factors were then indexed and equally weighted to yield SmartAsset's Small Business Index. The places with the highest Small Business Index scores are the places that ranked highest in the study. Ulster County's index score was 50.3, followed by Dutchess County at 47, Orange County at 46.33 and Sullivan County at 45.52. Columbia County, which is just north of Dutchess County, ranked at the top of SmartAsset's list of all counties in the state, with an index score of 54.71. Columbia County Yates County Ulster County Greene County Suffolk County Dutchess County Seneca County Orange County Sullivan County Delaware County Miami-Dade, Florida. Gaines County, Texas. Bristol Bay, Alaska. Broward, Florida. Monroe, Florida. Sully, South Dakota. Collier, Florida. Hand, South Dakota. Hopkins, Texas. Young, Texas. Mike Randall covers breaking news for the Times Herald-Record and the Poughkeepsie Journal. Reach him at mrandall@ This article originally appeared on Times Herald-Record: These NY counties are the best for small businesses, SmartAsset ranks Sign in to access your portfolio
