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Biz2Credit Advisor
The Federal government has granted $18 million to South Carolina to create capital access program for small businesses that are credit worthy. The ‘National State Small Business Credit Initiative funding’ can generate 10 times as much in private lending.
South Carolina had to show a reasonable expectation that from every $1 in federal funding there can be reasonable return ...
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 ...
Ever since it became clear that a tanking housing market was the poster child of the recession, anxious homeowners have waited for any good news to surface. A slight glimmer came in the form of an announcement March 17 that construction of new homes and apartments jumped 22.2 percent in February compared with January, a larger-than-expected bump. But even that good news ...
TAGS Tags: Core inflation, Federal Reserve's, housing market, housing starts, inflation fears, widespread layoffs
CATEGORIES Interest Rates
A new requirement by the Obama administration will hopefully spur the 21 largest banks receiving U.S. government money to lend more to small businesses. The new rules, outlined in a March 16 Associated Press story, have those banks reporting monthly on how much they lend to small businesses. All others are being called upon to make an "extra effort" ...
TAGS Tags: job creators, Obama administration, small business lending fees, Treasury Secretary Timothy Geithner, U.S. Rep. Eric Cantor of Georgia, White House Council of Economic Advisers
CATEGORIES Building Credit, Business Credit Cards, Credit Reports, Interest Rates, SBA loans, Small Business Legislation, Small Business Loans, Small Business News, Small Business Taxes, Small business Trade, Start a business
Just when it seems like the bad news couldn't get much worse, tales of economic success amid financial chaos are thankfully bubbling up. And it's in the form of successful entrepreneurship, everything from shoestring-budget start-ups to major viral marketing coups by tiny companies. Recession be damned, some entrepreneurs are not only doing well, they are doing exceptionally well, wrote Jill Priluck of ...
TAGS Tags: digital-branding tools, entrepreneurship, Fortune 500, Goldman Sachs, Jill Priluck, JPMorgan Chase, Little-Guy Economy, Lush Life Productions, New York City Mayor Michael Bloomberg, YouTube
CATEGORIES Interest Rates, SBA loans, Small Business Loans, Small Business News, Small business Trade, Start a business
