Borrego Springs Bank

SBA Lending Tanks While Business-Loan Applications Proliferate at Sam's Club

Jerry Chautin | Posted 05.25.2011

Read More: Community Banks, Higher Loan Amounts, Guaranteed Loans, Borrego Springs Financial Group, Borrego Springs Bank, Alternative Financing, Congress, Credit Score, Borrowing Money, Credit, Business News
Jerry Chautin

Amidst the foreboding headlines, there is a not-so-noticeable success story for small-business borrowers. SBA's Community Express Program continues to chug along at a brisk pace.

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A Small-Business Bank with National Impact Has Died

Jerry Chautin | Posted 05.26.2011

Read More: Oakland, Women?S Business Centers, Small Business Development Center, Innovative Bank, Borrego Springs Bank, Alternative Financing, ?€œLow to Moderate Income, Small Business Loans, Loan Application, SBA Loans, Los Angeles, Superior Financial Group, California, Community Banks, Credit Score, Small Business Owners, Working Capital Loans, Center Bank, Borrowing Money, Lending Programs, Credit Scoring, Business News, SBA Express Loans, Score, Equipment Loans, Hubzones, Sba, Small Business, Business News
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.

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

Jerry Chautin | Posted 05.25.2011

Read More: Women?S Business Center, Low to Moderate Income, Sfg, 7(A), Lien, Stimulus, Loan Fees, Small Business Owners, Score, Business News, Collateral, Sba, Small Loans, Loan Guarantee, 504, Terry Crispen, Working Capital, Florida, Small Business Development Center, Innovative Bank, Borrego Springs Bank, Sue Malone, Panama City, Small Business Loans, Congress, Superior Financial Group, Borrowing Money, Charmaine York, Loan Guaranty, Small Business, Community Express, Ucc, Hubzone, Business News
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.

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You Can Borrow Small Amounts of Business Capital Now

Jerry Chautin | Posted 05.25.2011

Read More: Women?S Business Centers, Small Business Loans, Working Capital, Obama Administration, Obama, Loan Application, Lenders, SBA 7a, Working Capital Loans, Small Business Owners, Score, SBA Express Loans, Business News, Recovery Act, Innovative Bank, Borrego Express Capital Lending, Borrego Springs Bank, Sbdc, Start Up Loans, SBA Loans, Stimulus, Superior Financial Group, Barack Obama, Pilot Program, Credit Score, Technical Assistance Providers, Borrowing Money, Lending Programs, Credit Scoring, Banks, Equipment Loans, Sba, Business Loans, Small Business Development Centers, Hubzones, Community Express, Small Business, Sfg, Business News
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.

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