New Approval Setup For SBA Loans

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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Securing An SBA Loan

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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House OKs Small Biz Jobs Bill

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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Senate Passes Small-Biz Bill

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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