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Sba Loans

The Pot Shop Problem: Why Don't Lenders Like Me?

NerdWallet | Posted 05.13.2016 | Business

If your small business deals in products or activities that are illegal in some states, financing can be a huge challenge.

3 Rock Solid Examples of Why You Should Own Your Commercial Property

Chris Hurn | Posted 04.06.2016 | Business
Chris Hurn

Whether or not a small business should own or rent commercial space is a decades-old discussion. Some businesses, like many retail establishments, may have little choice as prime shopping locations are only available for rent.

5 Reasons You Can't Get an SBA Loan

NerdWallet | Posted 03.22.2016 | Business

By Steve Nicastro SBA loans can be a remarkably attractive financing option for small businesses looking to grow. So, obviously, there's a catch. Wh...

Live a Day in the Life of Your Clients

Chris Hurn | Posted 08.24.2015 | Business
Chris Hurn

The ivory tower view of banking is now so divergent from small businesses that the gulf between the two is nearly impossible to breach. But I'm an entrepreneur, and sometimes you have to go the extra mile, literally, to get things done for your clients.

Lessons from the SBA Loan Program Shutdown

Chris Hurn | Posted 07.31.2015 | Business
Chris Hurn

Effective last week, the U.S. Small Business Administration had to shut down its 7(a) loan program again, leaving thousands of small business owners scrambling to finance a wide range of business projects.

Wall of Loan Maturities to Challenge Small Business Owners

Chris Hurn | Posted 05.01.2016 | Small Business
Chris Hurn

If you haven't yet heard about the "Wall of Maturities" in the commercial mortgage market, you will soon. Between now and 2017, more than $300 billion in commercial real estate loans will mature and need to be refinanced.

An Open Letter to Maria Contreras-Sweet

Chris Hurn | Posted 03.25.2014 | Small Business
Chris Hurn

A small business owner's wishlist for the new SBA Administrator Dear Ms. Contreras-Sweet, I have a vested interest in the U.S. Small Business Admin...

Catherine New

Disaster-Struck Joplin Rebuilds And Grows | Catherine New | Posted 03.28.2013 | Small Business

In the late afternoon of May 22, 2011, Kip Johnson stopped by his new business to complete some finishing touches. After two years of planning, Johnso...

America's Small Business Recovery: Yes, Obama Helped 'Build That'

Stewart J. Lawrence | Posted 11.14.2012 | Politics
Stewart J. Lawrence

Obama, far from shying away from supporting small business, has emerged as its true champion. Why, then, would small businesses be so hostile politically to the president when they're starting to have it so good?

Janean Chun

The Flaw In Big Banks' Commitment To Lend Small Businesses $20 Billion? | Janean Chun | Posted 09.06.2012 | Small Business

In a concerted effort to ease lending problems for small businesses, 13 of the nation's biggest banks pledged to the Small Business Administration las...

Save Small Business Lending Programs from Expiring

Chris Hurn | Posted 10.15.2012 | Small Business
Chris Hurn

Next month two budget-neutral economic recovery programs for small businesses will expire unless Congress ends its election-year deadlock and extends them.

China on Your Mind?

Valerie Berset-Price | Posted 05.01.2012 | Business
Valerie Berset-Price

While it's true that many other countries do not receive as much press as PRC, international economists have identified 11 fast-growing regions where a hungry new middle class is in the making.

SBA is Making Lines of Credit More Available --- Maybe

Jerry Chautin | Posted 01.11.2012 | Small Business
Jerry Chautin

To provide the much-needed liquidity, the U. S. Small Business Administration is revising its CAPLine program to make lines of credit more acceptable to lenders and more available to small-business owners. However, banks would rather make conventional LOCs rather than hassle with some of the SBA's requirements.

Getting An SBA Loan: 5 Things You Need To Know

The Huffington Post/AOL Small Business | Geoff Williams | Posted 08.06.2011 | Small Business

Chasing a Small Business Administration loan these days is a little like going to a carnival and expecting to win one of those giant stuffed animals. ...

New Refinancing Program May Help Stem a Pending Foreclosure Disaster

Jerry Chautin | Posted 05.25.2011 | Business
Jerry Chautin

Pundits say that $350 billion of commercial mortgage loans are coming due for payoff. The balances still owed are so high that many borrowers will be unable to refinance conventionally.

Uniquely Crafted Business Plans Are Needed to Raise Capital

Jerry Chautin | Posted 05.25.2011 | Business
Jerry Chautin

Now is the time to think about dusting off your old business plan as the economy improves. A business plan is required to obtain a loan or venture capital. It is uniquely designed as a sales tool to get financing.

A Small-Business Bank with National Impact Has Died

Jerry Chautin | Posted 05.26.2011 | Business
Jerry Chautin

I lost a friend last week. Innovative Bank of Oakland, Calif. is kaput. Just like with other bank failures, the regulators swooped down on the floundering bank after the stock market closed on Friday.

Real Estate Financing for Businesses and the New Secondary Market Will Create Jobs but the Dybbuk is in the Details

Jerry Chautin | Posted 05.25.2011 | Business
Jerry Chautin

A new secondary market for the U.S. Small Business Administration's 504 loan program is up and running.

Credit-Card Borrowing Is Hurting Small Businesses

Jerry Chautin | Posted 05.25.2011 | Business
Jerry Chautin

Once upon a time loans from friends and family ranked as the most prevalent way for entrepreneurs to fund business start-ups. Now, credit cards have jumped to the top of the list.

Don't Trust SBA or Lender Endorsed Business Plans

Jerry Chautin | Posted 05.25.2011 | Business
Jerry Chautin

Falsely promoted business plans and "plug-in-the-number-templates," will not help you get financing. There are no shortcuts to circumvent the lengthily process of doing it the right way.

Commercial Real Estate Loans Create Jobs

Jerry Chautin | Posted 05.25.2011 | Business
Jerry Chautin

Creating or saving jobs is a requirement for commercial real estate borrowers that use the U.S. Small Business Administration's 504 program.

You Can Borrow Small Amounts of Business Capital Now

Jerry Chautin | Posted 05.25.2011 | Business
Jerry Chautin

Although small business, economic stimulus lending is being widely criticized, $5,000 to $25,000 is available to you if you have a reasonable credit score and meet basic underwriting criteria.

NY Post: Obama Was Nice To Bankers Despite 'Fat Cat' Remark

New York Post | Charles Gasparino | Posted 05.25.2011 | Business

In public, President Obama is on a tear against Wall Street. In private, not so much Over the weekend, Obama attacked fat-cat investment bankers, tel...

Small Business Bailout Considered By Obama Admin. | David Cho | Posted 05.25.2011 | Business

The Obama administration is developing an initiative to take money from the $700 billion program for the banking system and make it available to milli...