Artwork by Andy Warhol, military medals, helicopters, and a Babe Ruth baseball bat aren’t the typical pawnshop fare.
At banks with more than $10 billion in assets, 10.2% of loan applications from small businesses were approved in May, down from 10.6% in April—and from 11.7% in January and February, according to surveys of small business customers of Biz2Credit, a Manhattan-based company that matches small businesses with lenders.
We get several calls a week from owners who tell us that they have been turned down for an S.B.A.
As a boarding student in a Ghanaian high school, Yaw Duffour-Awuah discovered that several of his classmates who lived several hundred miles away were regularly unable to travel home for brief holidays due to lack of funds.
Earlier this month, Bank of America released its inaugural Small Business Owner Report, a semi-annual survey about the health of the small business community.
When it comes to getting a loan for your small business, it may not come down to who you know, but where you go.
In the next eight months, The City plans to issue about $1 million in loans to people wishing to expand or start a small business.
The Thomson Reuters/PayNet Small Business Lending Index, which measures the overall volume of financing to U.S.
Last October, the SBA expanded the pool of eligible small businesses by raising the loan amounts it would back to a maximum of $5 million from $2 million.