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Conventional Loans

Are Conventional Mortgages Drying Up in Minority Communities?

Chris Birk | Posted 09.29.2012 | Business
Chris Birk

A new report from seven housing and policy agencies suggests evidence of a two-tiered mortgage market in which borrowers and communities of color are increasingly cut off from prime conventional financing.

Crowdfunding, a Burgeoning Phenomenon to Raise Money for Some Enterprises and Nonprofits

Jerry Chautin | Posted 07.17.2012 | Small Business
Jerry Chautin

Kiki Karpus invests in start-ups and emerging businesses -- well, sort of. Instead of choosing the companies based upon the likelihood of their succes...

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.

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.

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.

Bankers Grab Your Collateral When You Default

Jerry Chautin | Posted 06.07.2011 | Business
Jerry Chautin

Both SBA and conventional lenders want to lien your home. In addition to securing your equity, lenders believe that you will work harder to make the business successful when your home is at risk.

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

Commercial Real Estate: 90% Financing at Low Rates Is Possible

Jerry Chautin | Posted 05.25.2011 | Business
Jerry Chautin

The lesser-known 504 program from the U.S. Small Business Administration can be ideal for small-business owners to buy, build or rehabilitate commercial buildings.