‘Finances’ Archives
Small Business Jobs Act of 2010
The Small Business Jobs Act, signed by President Obama on September 27, 2010, will provide critical resources to help small businesses continue to drive economic recovery and create jobs. The new law extends the successful SBA Recovery loans while offering billions more in [Read More]
Obama signs $30B small business lending bill
By Darlene Superville, Associated Press WASHINGTON — Scoring a prized political victory five weeks before the Nov. 2 elections, President Barack Obama on Monday signed a bill to help small businesses expand and hire by cutting their taxes and creating a $30 billion loan [Read More]
Borrowing from friends, family? Put terms in writing
By Jayne O’Donnell, USA TODAY “Never again,” says Martha Woods of lending money to family or friends for business ventures. Woods and her husband once invested about $10,000 in an auto racing team with his brother, but her brother-in-law wanted out after [Read More]
Senate OKs $30 billion loan fund for small businesses
By Laura Petrecca, USA TODAY Small firms across the country should soon be able to get more loans and save money on them. After months of partisan wrangling, the Senate on Thursday passed legislation that includes a controversial $30 billion fund to help community banks [Read More]
Bootstrapping a Start-Up Business
Self-Funding Advice for Entrepreneurs Natalie MacNeil, Business Week Successfully bootstrapping a business requires diligent planning and a focus on cash flow. The process can teach entrepreneurs many valuable lessons along the way. The majority of businesses do not receive [Read More]
Women Business Owners and Venture Capital: What’s the Disconnect?
By Rieva Lesonsky, Small Business Trends I’ve been reading and writing about this issue for so long that I almost can’t believe it’s still an issue—but a plethora of data shows that women business owners are still falling woefully short when it comes to obtaining [Read More]
The Bush tax cuts and small business
Harry Reid says the Senate will consider the Bush tax cuts in September. What will they do about them? Hard to say. The options seem to be to extend most of them or all of them. Few seem to be thinking of substantially changing them, scrapping them or embedding them in a [Read More]
Senate Clears Way for $30 Billion Small Business Fund
Washington is poised to launch its most direct attempt to revive small business lending since the financial crisis with a plan to invest up to $30 billion of federal money in small banks and give them incentives to re-lend that money to Main Street companies. The Small [Read More]
CRE & Working Capital Programs
President Obama announced on February 5, 2010 two new small business lending initiatives to help increase access to capital and create jobs. These temporary Small Business Administration initiatives include a refinancing program for small business owner-occupied commercial [Read More]
SBIC Program
SBICs came into existence 50 years ago when Congress created the program to help small companies raise capital. Small Business Investment Companies (SBICs) target entrepreneurs who have been denied the opportunity to own a business because of a social or economic [Read More]
