With the economy the main focus of the upcoming 2012 elections, pollsters are providing small business owners a multitude of valuable information regarding the economy. In nearly every business, the way people feel about the economy drives their purchasing decisions. When the economy is seen as strong, spending rises but when it is viewed as […]
Entrepreneurs looking for a small business loan may want to consider a community bank, especially with the benefits many small banks offer.
Small businesses in Wyoming are showing strong signs of small business formation and growth.
Recently, the Obama administration supported legislation that would bring nearly $30 billion worth of funds to community banks to increase small business lending, but some officials believe more needs to be done to boost small business formation and – hopefully – hiring rates.
In a trying economic climate, deciding where to get a loan can be tricky for startup business owners. After all, not all funders are equal.
President Barack Obama asked banks to help finance small and starting companies last year as experts predict these companies will drive economic recovery. Now, it seems a number of major financial institutions are stepping up to help business formation by offering funds to SMBs in 2010.