877-861-2210Administrators Durbin and Mills Meet: Access to Small Business Credit Made Easier
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Biz2Credit Advisor
Administrators met a discussion board to find ways in which Illinois companies can grow their business. Dick Durbin, United States Senator and Karen Mills, Small Business Administration discussed about the ways to grow businesses by selling to foreign customers.
Approximately $4.1 billion as state tax revenue in 2008 has been generated by Illinois export and ...
TAGS Tags: Department of Agriculture, Department of Commerce, Department of State, Department of Treasury, Dick Durbin, Karen Mills, National Export Initiative, Small Business Administration, tax, United States Senator
CATEGORIES Building Credit, Business Credit Cards, Small Business Loans, Small Business News, Small Business Taxes, Small Business Worldwide
We’ve heard how difficult it is for small businesses to secure bank loans, a new Fed report says that banks have been very willing to issue small business credit cards. About 75 percent of applicants in 2009 were approved for small business credit cards, according to the report . Even among businesses considered high-risk, 72 percent were approved ...
Credit unions are lobbying Washington to lift the cap on lending rules that have been in effect for 12 years. Currently, credit-union lending is limited to 12.25% of a credit union’s total assets. The Credit Union National Association is pushing to raise that limit to 25% of total assets. The vast majority of credit-union loans go to small businesses. ...
Monte Carlo Simulation: A “need to have” or a “nice to have” retirement fund planning tool?
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Biz2Credit Advisor
For most people, retirement means deferring their income in order to save for future retirement expenses. But what can one expect from those years and years of saving? A Monte Carlo simulation calculator Monte Carlo calculator can be a great retirement planning resource for people who want to manage their expectations. Using the Monte Carlo calculator, one ...
TAGS Tags: Monte Carlo calculator, potential scenarios, retirement, retirement expenses, retirement fund, static rate
CATEGORIES Building Credit, Business Credit Cards
Under the new credit card reforms, consumers are no longer subject to “over-limit” fees, but the same protection does not apply to small businesses. Credit card companies would typically ding customers with a $35 fee if they spent over their credit limit. Business Week talked to Kevin Reeth, the CEO of a 10-employee online bookkeeping service for small ...
TAGS Tags: American Express SimplyCash business credit card, AmEx, Business Credit Cards, credit card reforms, credit limit, credit limit. Business Week, high-interest rate on short-term loans, over-limit fees, over-limit” fees, Small businesses, small businesses. Credit card companies
CATEGORIES Business Credit Cards, Small Business News
