January Biz2credit Report Shows Increase in Small Business Loan Approvals

January Biz2credit Report Shows Increase in Small Business Loan Approvals Lending figures from January show small business loan approval rates having increased year on year with the big banks having approved more small business loan applications this January than in any of the past three years, according to the Biz2Credit Small Business lending index. Biz2Credit samples 1000 loan applications each month in a survey that has been running for the past three years. Big banks - those with more... Continue reading →

Contreras-Sweet Tipped to Head SBA

On Wednesday this week President Barack Obama is expected to announce the appointment of Maria Contreras-Sweet as the 24th permanent administrator of the Small Business Administration (SBA). Obama has been keen to raise the profile of the SBA, with small businesses featuring strongly in his plan for the nation’s financial recovery. Although the appointment is expected this week, there have been many rumors in recent weeks that the SBA will not remain in its current form for much longer. In... Continue reading →

Small Business Saturday Triggers Spending Spree

Many small business owners will be happy to put 2013 behind them. It has been a year of uncertainty with many companies reluctant to pursue new ventures, purchase new equipment or hire new staff. With government shutdowns, disagreements on budgets and issues with Obamacare, it is perhaps unsurprising that many small businesses have been hunkering down, waiting for the economy situation to recover. Unfortunately, many small businesses are crippled with debt and cannot obtain the finance to take... Continue reading →

Government Shutdown and Vendor Financing

Offering solutions during the government shutdown Running a business in these difficult economic times can provide new challenges every day. The government shutdown created even more problems for small business when the Small Business Administration stopped processes loans for these businesses. The delay left many business owners scurrying to find small business working capital to start or expand their business to take advantage of the opportunities that are beginning to emerge during the recovery... Continue reading →

Franchise Financing Options for a Successful Start

Franchise Financing Options for a Successful Start Starting a franchise is a safe way to become successful. However, every normal business has money issues, which usually start at the time of the setup. There are finance franchise providers that serve all types of business owners. Whether you want to set up a Subway or Smoothie King business, know your lending options. For many starting business owners, banks are the first places they look for loans. Good credit is the most important quality... Continue reading →