Search results for sba loans

Small businesses have been having increasing trouble getting loans as the credit markets have seized up. But some, such as Tio's Mexican, are finding that smaller community banks and credit unions are more open to offering financing. For one thing, many smaller lenders are in relatively strong financial shape because they didn't make the types o  More...
About a week ago, I put out the statistic that the typical, or median, size of an angel investment is $10,000. Many people have responded that they don’t believe the number because they see companies receiving $250,000 to $500,000 from angels. But these numbers aren’t inconsistent.  More...
From Angels to Microlenders, here are seven ways to secure that all-important loan without going to a bank.  More...
Slate's BizBox reports on the significant drop in SBA-backed loans during FY 2008, and what Congress could do to rectify the situation.  More...
I know what you're doing right now. You're making that face and muttering, Ugh, crap, business plan. Can't I just stab my eye with a fork and we'll call it good?  More...
Bank loans have been harder to come by, but that doesn't mean companies' need for funding has dried up. To get cash, small and medium-size businesses have increasingly turned to firms that get them money they are owed more quickly. The firms, known as factoring companies, say they are seeing an uptick in the quantity and caliber of businesse  More...
Talk to people inside the SBA and they’ll say the agency is poised to emerge from several trying years of restructuring a stronger, business-friendlier organization. Then there are SBA critics like Sen. John Kerry who, as chairman of the Committee on Small Business and Entrepreneurship, contends the agency, under President George W. Bush, has l  More...
Slate BizBox--corporate brother of The Washington Post--on the Post's breaking news that, scandalously, nearly $6 billion in federal "small business" contracts were awarded to big corporations.  More...
It looks like US entrepreneurs are increasingly turning to microloans as banks tighten lending standards. To be sure, microlending is a tiny, tiny piece of small business credit in the US. Microlenders tend to be small nonprofits, and all their loans combined probably wouldn’t be a blip on the portfolios of one of the big banks. That said, ther  More...
For very large purchases my husband, Eric, won't leave the house until he's researched it to death for brand reputation, customer feedback, and consumer reports studies. Typically, he'll enter a store knowing more than the salesperson and it becomes a battle of who knows more about what and then Eric hands over the money once he's proven how b  More...
When McKenzie Tuttle walked down the aisle to say “I do” to her husband-to-be Jeff Bezos, she thought she was marrying into a secure future. At the time, Bezos was in his 30s and serving as Vice President of an investment firm in New York City. It was a job he liked – and one that paid well – but Bezos couldn’t shake this crazy idea from his head;  More...
One blogger, Rosalind Resnick on Entrepreneur.com, lays out an alternative bailout proposal. Instead of spending $700 billion on large conglomerates like AIG, the Fed should offer businesses and consumers loans at the 2% federal funds rate so homeowners could refinance at much lower rates and businesses could have immediate access to the cheap cap  More...
How are the credit markets affecting small businesses in the United States. To try to get some statistical data to answer their questions, the author decided to take a look at peer-to-peer lending. Peer-to-peer lending gets at part of the effect of the credit markets on small businesses because some entrepreneurs borrow money from other individual  More...
United Parcel Service Inc has launched a bridge loan for small U.S. businesses that import goods into the country. Under the UPS Capital Cargo Finance program, the company will advance 50 percent of the value of goods to U.S. importers for up to 60 days upon pickup of the merchandise in a foreign country. The goods themselves will serve as coll  More...