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Small Business Loans

Franchising Is an Alternative to Unemployment if You Can Get Start-Up Financing

Jerry Chautin | Posted 05.25.2011 | Business
Jerry Chautin

Self-employment is an alternative to unemployment. Yet, determining what kind of business to start, knowing how much money you will need, and what steps to take can be daunting

$30 Billion Is Being Allocated to Boost Small-Business Lending

Jerry Chautin | Posted 05.25.2011 | Business
Jerry Chautin

Big banks prefer making multimillion-dollar loans to large corporations instead of small-businesses because the fee income is greater and it allows them to hire experts in industries that they want to target.

How Loyal Customers Saved A Business

The Huffington Post/AOL Small Business | Amanda Kooser | Posted 07.27.2011 | Small Business

New Mexico may be more known for its red and green chile, but David Edwards took an alternative path by starting a tea company with business partner D...

Getting Financing Depends Upon the Strength of Your Executive Summary

Jerry Chautin | Posted 05.25.2011 | Business
Jerry Chautin

Your mission is to foster a trustworthy-enough friendship with the loan officer so that he will agree to show you what the bank's memorandum looks like.

Your Money Search Begins With a Persuasive Cover Letter

Jerry Chautin | Posted 05.25.2011 | Business
Jerry Chautin

Even though the cover letter is rarely thought of as a business-plan document, it begins the process of selling your concept to the loan officer and finance committee.

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.

Obama's Small-Business Program Could Create $300 Billion In Credit for Small Businesses

Bloomberg | Laura Keeley and David Henry | Posted 05.25.2011 | Business

President Barack Obama is on the verge of creating as much as $300 billion in credit for small businesses as bankers raise doubt about whether there's...

Shahien Nasiripour

As Lending To Small Businesses Plummets, Bernanke Implores Banks To Do More

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

After more than 40 summits held across the country to figure out why the nation's small businesses aren't getting the loans they need and qualify for,...

Bernanke Calls Out Banks For Stiffing Small Business In Favor Of Big Firms

AP | JEANNINE AVERSA | Posted 05.25.2011 | Business

WASHINGTON — Big companies are building up cash and are expected to report strong earnings starting this week. Not so for small businesses that ...

Obama Small Business Lending Bill Headed To Congress

AP | MARTIN CRUTSINGER | Posted 05.25.2011 | Business

WASHINGTON — The Obama administration has sent Congress a proposal to create a $30 billion support program to unfreeze credit for the nation's s...

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.

Shahien Nasiripour

Federal Reserve Adopts Megabanks' Arguments, Warns Against Added Protections For Small Business Credit Card Users

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

The Federal Reserve warned Congress in a recent report that protecting small businesses from the kind of "harmful" credit card practices it prohibits ...

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.

Business Financing Has Unexpected Alternatives

Jerry Chautin | Posted 05.25.2011 | Business
Jerry Chautin

Borrowers who were seeking creative financing raised my antennae when I was in the lending business.

Angels Hover Over Small Businesses, and Some Are Making Deals

Jerry Chautin | Posted 05.25.2011 | Business
Jerry Chautin

Angel investors are often wealthy individuals that invest under $1 million in promising, new companies. They lend to companies that are too risky for traditional business loans from conservative banking institutions.

Small Businesses Can't Get Loans From

McClatchy | Kevin G. Hall | McClatchy Newspapers | Posted 05.25.2011 | Business

Lending across the U.S. economy contracted 7.4 percent last year, the biggest such drop since 1942, according to the Federal Deposit Insurance Corp. T...

Stimulus for Small-Business Loan Programs is Inadequate and Time-Dated

Jerry Chautin | Posted 05.25.2011 | Business
Jerry Chautin

The on-again-off-again stimulus funding for small businesses is giving me a bad case of heartburn. The' lack of adequate funding for lending programs through the Small Business Admin. is myopic.

FDIC: Bank Lending Tumbles 7.5 Percent In 2009

washingtonpost.com | Binyamin Appelbaum | Posted 05.25.2011 | Business

Lending by the banking industry fell by $587 billion, or 7.5 percent, in 2009, the largest annual decline since the 1940s, the Federal Deposit Insuran...

Shahien Nasiripour

Obama's $30 Billion Small-Business Plan Could Be Doomed To Fail

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

During his State of the Union address last week, President Barack Obama said he wants to "take $30 billion of the money Wall Street banks have repaid ...

Banks' Small Business Lending Shrinks By $1 Billion

Jan. 18, 2010 | Catherine Clifford | Posted 05.25.2011 | Business

NEW YORK (CNNMoney.com) -- The nation's biggest banks cut their collective small business lending balance by another $1 billion in November, according...

Small Business Lending Programs To Get $30B In Bailout Assistance

AP | MARTIN CRUTSINGER and DANIEL WAGNER | Posted 05.25.2011 | Business

WASHINGTON — The Obama administration is setting aside $30 billion from the financial bailout fund for a range of initiatives designed to encour...

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.

Ryan Grim

Dem Senator Hits White House For Dragging Feet On Small Business Lending

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011 | Business

Sen. Mark Warner (D-Va.) expressed frustration Tuesday with how slowly the Obama administration is helping small businesses crunched by the financial ...