Posted by admin on February 20, 2014 in Uncategorized - Comments are off for this post
Small Business Lending in 2014
Reports from surveys and studies conducted over the past twelve months appear to indicate that the lending climate for small business is improving significantly, with loans now being arranged by the banks far more frequently.
The upward trend is certainly encouraging and small business lending is in a far better state than at any point since 2009, yet the reality for most small business owners is little has changed. Over the past twelve months more loans have... Continue reading →
Posted by admin on February 20, 2014 in Uncategorized - Comments are off for this post
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 →
Posted by admin on January 24, 2014 in Uncategorized - Comments are off for this post
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 →
Posted by admin on December 31, 2013 in Uncategorized - Comments are off for this post
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 →
Posted by admin on October 10, 2013 in Uncategorized - Comments are off for this post
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 →
