The Small Business Administration announced two new lending initiatives aimed at getting relatively modest loans to small businesses quickly, according to a story at CNNMoney.com. The idea is to get loans under $250,000 into the hands of small businesses efficiently: Applications are only 2 pages long and can be approved in anywhere from “minutes” to […]
New Small Biz Loans Approved In ‘Minutes’ Read More »
On Wednesday, the SBA announced two new lending initiatives to help get modest loans out to small businesses quickly reports CNN Money. The idea is to get loans under $250,000 into the hands of small businesses efficiently: Applications are only 2 pages long and can be approved in anywhere from “minutes” to 10 days, according
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Small business owners received some good news in September when President Obama signed the Small Business Jobs Bill. The bill has made it possible for small biz owners to seek the SBA financing they need to grow their business. It extends on the original enhancements that were first introduced with the 2009 Reinvestment and Recovery
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According to SFGate, DollarDays and Superior Financial Group have teamed up to help small businesses receive SBA backed loans. “With lenders giving preference to larger businesses with more assets, there are less dollars for small businesses like start-ups and mom & pop stores,” says DollarDays Founder and President Marc Joseph. “DollarDays’ main principle is about
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Kiva, mostly known for connecting lenders with business owners in developing countries, partnered with ACCION USA and Opportunity Fund a year ago to help entrepreneurs in the U.S. get the micro-loans they need to grow their business. Visa has recently decided to get into the mix by donating $1 million dollars reports the San Francisco
Visa Give Kiva $1 Million For Micro-loans To U.S. Business Owners Read More »
Now that the Small Business Jobs and Credit Act of 2010 is finally law, it’s time to take a look under the hood and see what-all is in there. Carol Tice in a story for Entrepreneur magazine says some have noted that calling it a jobs bill is kind of a stretch. There’s nothing that
What’s In The Small Biz ‘Jobs’ Bill? Read More »
CNNMoney is reporting that one week after the Senate passed a $42 billion bill aimed at helping small businesses, the House voted Thursday to send the bill to President Obama’s desk. The measure, which passed the House in a 237 to 187 vote, is aimed at creating 500,000 jobs, according to a Senate summary of
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The Small Business Jobs Act simmering in Washington contains a host of new tax credits and lending measures that are designed to spur hiring at small businesses. But business owners and advocacy groups have mixed reviews on the provisions, according to The Wall Street Journal. Bill Rys, tax counsel for the National Federation of Independent
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The Wall Street Journal is reporting that after an impasse of more than a month, the Senate on Thursday approved a small-business bill that includes measures aimed at boosting access to capital and tax credits to provide temporary financial relief. Democrats hope the legislation will help show voters they are in control of managing the
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According to USA TODAY, Small businesses have put hiring, supply buying and real estate expansion on hold as they wait out the vote on a small-business-aid bill that stalled in the Senate earlier this summer. The much-debated legislation offers tax breaks and waived loan fees. But it also comes with more divisive components, such as
Small Bizs On Hold Waiting For Aid Read More »
