Posted by admin on September 19, 2014 in Uncategorized - Comments are off for this post
Small Business Owners Optimism at 6 Year High
The great recession that hit the United States in at the end of 2007 and continued for a year and six months hit small businesses hard. Many were unable to survive due to the severity of the financial crisis, but those who knuckled down and managed to keep their heads above the water are starting to feel that the financial outlook is improving and life is getting back to normal.
The economy is continuing in its recovery and there are signs that... Continue reading →
Posted by admin on September 17, 2014 in Uncategorized - Comments are off for this post
A Lack of Small Business Financing Options for Women is not Preventing Rapid Growth
Private investors for small business are providing loans to improve operating working capital for male-run businesses more readily than to women and government small business financing initiatives are failing to give female entrepreneurs the capital they need.
This problem was highlighted by Senator Maria Cantwell in a report on the state of small business lending to women that was published in July this year.... Continue reading →
Posted by admin on September 17, 2014 in Uncategorized - Comments are off for this post
Small Business Lending Levels Signal a Strong Third Quarter of Growth
The June small business lending figures were relatively poor, yet the latest Thomson Reuters/PayNet Small Business Lending Index figures suggest that lending is improving. The 10% rise over the course of the month of July suggest that small business owners are more confident and are now even looking at expanding operations.
The small business lending figures are positive but credit risk is still at an historic low. The lending... Continue reading →
Posted by admin on September 17, 2014 in Uncategorized - Comments are off for this post
More needs to be done to Unfreeze Credit and Help America’s Small Businesses Obtain Loans
The former SBA chief, Karen Mills, has recently released her third article on the availability of capital to assist small businesses and help them not only recover from The Great Recession, but expand and create more jobs. Without access to capital, America’s small businesses are unable to create much needed employment and recovery is being severely hampered by the lack of available funds.
When the... Continue reading →
Posted by admin on September 17, 2014 in Uncategorized - Comments are off for this post
Study Shows Small Businesses in Majority Minority Areas Can’t Get Business Finance
A recent study conducted by the non-profit research and policy organization - the Woodstock Institute - has shown that small businesses located in low-income majority minority areas are being failed by banks and are struggling to secure the working capital fund necessary to make their businesses succeed.
The recent study analyzed small business loan applications between 2008 and 2012 from the six-country Chicago... Continue reading →
