14
May

SBA Small Business Loan Climbs In 2011

By Biz2Credit Advisor

U.S banks' industrial as well as commercial loans increased $1 billion amounting to $1.413.4 trillion. This is NASDAQ findings for the last week of April. The loans, however, require property or equipment as collateral. American enterprises normally do not possess asset to serve as collateral. So, they have to look for alternatives to find small business loans. Capital access ...

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The U.S. Small Business Administration has guaranteed $133.1 million in loans for Oregon and Southwest Washington small businesses. This amount has been offered in this fiscal and it is a 22.9 percent slowdown in-comparison to the previous year. The slowdown happened due to 70 fewer loans made by the Portland district office of SBA. The deals climbed down from ...

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Million of dollars got funneled as small business loans as a result of Federal economic stimulus package. The funds went to burger chains, hotels and retailers as the government tried to kick-start lending.

The Government stimulus program served as a tool to make capital available to small businesses at a time when banks curtailed lending. It is through the ...

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US Small Business Administration is offering disaster loans to Texas residents and business owners due to severe weather on April 3rd. Three centers have been started by SBA for processing of loan applications. Storm victims can visit these centers to apply for disaster loans. Disaster Loans will be made available and for processing of applications, centers have been opened ...

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The Small Business Lending Fund (SBLF) has been a success story of the Federal Government. The lending fund has given out $4 billion in capital to 281 community banks. Among the other recipients are 51 Community development loan funds (CDLFs). With incentives made available, this program helped to lend out small business loans to small enterprises operating in America. The SBLF ...

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