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Small Business Loans

Don't Abolish SBA; Mills Says Her Agency Is Faster, Quicker, Better

Jerry Chautin | Posted 06.11.2012 | Business
Jerry Chautin

Some legislative ideologues and conservative groups would rather abolish the SBA than spend taxpayers' money to boost its small business loan-guarantee programs.

Congress Should Pass Bill to Let Credit Unions Lend More So Small Businesses Grow, Create Jobs

Dave Adams | Posted 06.02.2012 | Detroit
Dave Adams

Despite some unfair treatment of banks, the American Bankers Association's opposition to legislation that would allow credit unions to make more small business loans is simply wrong.

It May Be Just Dirt to Some, but to Small Business Owners, It's the Essence of Our Lives

D.J. Wilson | Posted 05.22.2012 | Small Business
D.J. Wilson

Small business made this country great and we can do it again. We can, better than anyone, insure people will stay in their homes by hiring back our talented workforce that has and will continue to be our nation's greatest asset.

Janean Chun

Small Businesses Shunned By Banks Turn To Pawn Shops

HuffingtonPost.com | Janean Chun | Posted 03.16.2012 | Small Business

Most small-business owners dream of seeing orders quintuple overnight. But when Fern Phillips had a purchase order suddenly jump from 4,000 units to 2...

Small Business Borrowing Jumps

Reuters | Posted 03.01.2012 | Small Business

(By Ann Saphir - Reuters) - Borrowing by U.S. small businesses rose in January, another sign that recent stronger economic data may be more durable th...

Top Signs Your Business Should Borrow

Brian Hamilton | Posted 04.29.2012 | Small Business
Brian Hamilton

There are times when it is good to borrow money, but those times are limited. So how do you know when you truly need to borrow for your business? The answer is not always obvious.

Business Owners Can Learn To Love Actuaries -- While Still Hating Credit Scores

Robert A. Berman | Posted 04.25.2012 | Small Business
Robert A. Berman

It's not really fair to blame actuaries for creating the biggest financial crisis in living American memory. I am, of course, talking about how tens of thousands of small business owners with long and successful track records are going out of business because they cannot get a simple business loan from their neighborhood banker.

Small Business Financing May Suffer From Obama's Proposed Budget and Political Wrangling

Jerry Chautin | Posted 04.22.2012 | Small Business
Jerry Chautin

Small-business owners are holding their collective breaths as the Obama Administration's proposed budget wends its way through the politically-charged Congress.

Is It Time To Be an Entrepreneur?

Marc Joseph | Posted 04.10.2012 | Business
Marc Joseph

Are today's entrepreneurs desperate and opening a business because they just can't find a job? Let's hope not, because that is almost a guarantee your business will fall into the two thirds that fail.

Small Business Borrowing Hits 4-Year High In December

Reuters | Posted 04.02.2012 | Small Business

(Reuters - By Ann Saphir) Borrowing by U.S. small businesses rose in December to the highest level in more than four years, pointing to continued stre...

Commercial Mortgage Bankers Are Doing Deals As the Real Estate Market Breathes New Signs of Life

Jerry Chautin | Posted 04.02.2012 | Business
Jerry Chautin

Rental apartments are back in demand, financing for hotels and motels is loosening up a bit and investors are stepping off the sidelines with wads of cash to do deals.

Janean Chun

Are Big Banks Really Lending More To Small Businesses?

HuffingtonPost.com | Janean Chun | Posted 03.31.2012 | Small Business

Big banks' reputations have taken a hit over the last few years, starting with the financial crisis and culminating with the Occupy Wall Street protes...

The State of Small Business: Credit and Jobs Must be Addressed

John Arensmeyer | Posted 03.31.2012 | Small Business
John Arensmeyer

For too long, small businesses have been struggling to bear the brunt of the recession. Lending has all but dried up, and too many lawmakers are spending more time playing politics than working to pass smart legislation to help them. How do we know small business owners feel this way? We asked them.

Small Business Lending Rises At Chase, Citi

Reuters | Posted 03.24.2012 | Small Business

(Reuters) - Global lending giants Chase (JPM.N) and Citi (C.N) said they substantially increased loans to U.S. small businesses last year, both exceed...

Janean Chun

Is Bank Of America Really Cutting Off Small Businesses?

HuffingtonPost.com | Janean Chun | Posted 08.14.2012 | Small Business

In an economy where every bit of capital can help or hurt a small business, is Bank of America cutting credit lines to some small businesses? That ...

Is It Getting Easier To Get A Loan?

Reuters | Posted 03.03.2012 | Small Business

* Rising borrowing points to underlying economic strength * Loan delinquencies ebbing By Lucia Mutikani WASH...

Catherine New

Saving, Not Spending, For the Holiday

HuffingtonPost.com | Catherine New | Posted 12.21.2011 | Business

FLUSHING, N.Y. -- On the Wednesday morning before Christmas, there were no fir trees for sale in New York City's Flushing, Queens. The sidewalks were ...

Students Create Microloan Institutions, Tackle Community Issues

Anna Bahr | Posted 12.16.2011 | Impact

The Campus Microfinance Alliance, a coalition of student-run microfinance groups, recently launched a new campaign to spur job growth for budding entr...

Small Business Borrowing Is Up: Paynet

Reuters | Posted 12.12.2011 | Small Business

(By Lynn Adler - Reuters) - Small businesses re-engineered themselves during the recession and are now more confident and profitable, with lower-risk ...

Janean Chun

Too Big To Lend? Why Small Businesses Are Getting Denied By Big Banks

HuffingtonPost.com | Janean Chun | Posted 12.16.2011 | Small Business

Politicians and banking executives are quick to hail small businesses as key to economic expansion and job creation. That message was front and center...

$5 Billion For Michigan Small Businesses, Consumers

The Huffington Post | Posted 11.18.2011 | Detroit

Fifth Third Bank has pledged to make $5 billion in loans available in Michigan in 2012. That includes $2.5 billion for the Pure Michigan Business C...

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.

To Increase Small Business Loans, Revive What Has Already Worked

Steve Grossman | Posted 01.04.2012 | Small Business
Steve Grossman

The Small Business Administration's loan incentive program worked brilliantly, and it will work again. Washington should act -- and act now -- to provide another $2 billion to help small businesses, their workers and the taxpayers.

Small Business Lending Rises: Paynet

Reuters | Posted 01.02.2012 | Small Business

(By Ann Saphir) - The growth of borrowing among small U.S. businesses moderated in September but the overall level still registered a 14th monthly dou...

Creating Jobs, One Latte at a Time

Judith Samuelson | Posted 12.24.2011 | Business
Judith Samuelson

Starbucks is sticking to its knitting, using point of purchase and marketing genius to do some good in the world. If the plan works, we might see more jobs created and more lattes sold.