Blog Archives

US Small Business Tax Reform Plan Announced

February 22, 2012
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  PRNewswire-USNewswire/ — Today, Treasury Secretary Timothy Geithner announced a broad plan to reform corporate taxes which includes: lowering the corporate rate to 28 percent from 35 percent; eliminating myriad business tax breaks and credits; permanence of the R&E (also commonly referred to as the R&D tax credit) tax credits; doubling the deduction for start-up...

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6 Major Things To Consider When Needing A Commercial Loan

February 16, 2012
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PRNewswire/ — With the economy slowly making a comeback, commercial loan rates are at attractive levels. The Biz2Credit Small Business Lending Index, a monthly analysis of 1,000 loan applications, revealed that approval rates of small businesses seeking business loans from small banks increased to their highest levels in December 2011. Now is the ideal time...

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SBA’s Final Rule Increases Size Standards, Expands Eligibility for Small Business Programs

February 10, 2012
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SBA

PRNewswire-USNewswire/ — The U.S. Small Business Administration today published a final rule in The Federal Register that will increase some of the size definitions of small businesses in Professional, Scientific and Technical Services and Other Services sectors. The final rule will increase 37 of the revenue-based size standards in 34 industries and three sub-industries in...

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Small Businesses Showing Positive Upswing

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PRNewswire-USNewswire/ — The National Small Business Association (NSBA) today released its 2011 Year-End Economic Report which shows a decidedly more positive outlook for America’s small businesses, with important gains in several key indicators. Most notably, more small-business owners report being confident about the future of their businesses than at any time in the last...

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Today’s Award For Best Small Business Banking Goes To,…

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PRNewswire/ —  Greenwich Associates, a research-based strategy management firm, awarded People’s United six national and two regional awards for “Excellence in Small Business Banking.” Of the more than 750 banks evaluated by Greenwich Associates, only 43 received “Excellence in Small Business Banking” awards and People’s United was the only bank headquartered in New England to...

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