In February, the Small Business Administration, the government agency charged with supporting the nation’s entrepreneurs and small business owners, submitted its budget request along with the proposed budget laid out by the Obama Administration. In it, the SBA asked for more money but pledged to cut back on loans to small businesses. This has entrepreneurs […]
On November 4th, 2011, the Small Business Administration announced changes for the their CAPLines program, a program designed to get money in to the hands of small business owners in order to fund short term capital requirements.
Wells Fargo, with the help of the SBA is getting startup and small business funds in to the hands of perspective and current business owners using the Small Business Association 7(a) loan program.
With the recent debt ceiling debate, the credit downgrade of the United States and the political jockying alive and well in Washington, people were beginning to wonder if small businesses would see any of the help that was promised to them. If that wasn’t enough, Congress has had some tough questions for the Small Business Administration […]
The United States Small Business Administration has been under fire as of late with their oversight committee alleging fraud and misuse of funds. As a result some members of congress have been calling for its abolition. Whether or not the SBA will be in existence this time next year is up in the air but […]
Just when we start to see some improvement in the small business lending environment, another report emerges appearing to indicate that very little has changed. The United States Small Business Administration recently released a survey showing the amount of money lent to small businesses has dropped not only in the first quarter of 2011 but […]
Although business startups are forming every day, still many of the current new entrepreneurs don’t know about the SBA. The United States Small Business Administration is a government sponsored agency who is 100% dedicated to the growth of the small business community. According to SBA, they have these goals:
As we’ve all heard before, timing is everything and that is especially true in business. Investors know that being one minute too late can sometimes be a costly mistake so careful analysis and timing is key to making money in business.