Financing

U.S. Treasury Opens Small Business Lending Fund, But Will The Banks Lend?

U.S. Treasury Opens Small Business Lending Fund, But Will The Banks Lend?

It’s nice to see small businesses getting the long awaited chance to get additional financing, but really we have to ask ourselves if the banks are going to treat this deposit of federal capital by the government just as they all did with the bailout money. Can bi-partisan politics be kept out of the issue long enough to stimulate small business lending and boost jobs figuers? We’ll just have to wait and see. – Small...

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Surety Bond Fundamentals For Small Business Owners

Surety Bond Fundamentals For Small Business Owners

Small business owners have to jump through a lot of legal hoops before starting a new enterprise. Staying on top of industry regulations can be difficult for entrepreneurs, but failing to do so could result in an inability to fulfill licensing requirements. Business owners often consider surety bonds to be just one more obstacle they must overcome before they can open for business. With the influx of new surety bond regulations, the government requires small...

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Office Depot Offers Web Feature: Small Business Loan Applications!

Office Depot Offers Web Feature: Small Business Loan Applications!

By Mark Brohan Research Director Small web retailers now have a new source for applying for small business loans backed by the U.S. Small Business Administration on OfficeDepot.com. Over time Office Depot Inc., No. 5 in the Internet Retailer Top 500 Guide, has added various services aimed at small business on OfficeDepot.com, such as information technology services, computer repair, copying and printing. Now Office Deport is working with Superior Financial Group, a lender certified by the Small Business...

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Small business loans still scarce

Small business loans still scarce

By Mike Benbow Here’s a report from McClatchy Newspapers on how things are going for small business loans: CHARLOTTE, N.C. — Small businesses looking to grow say they’re running into challenges when they seek financing: Loans are harder to secure, and sometimes are more expensive than before the recession. Lending is picking up around the country. But it hasn’t thawed enough to spark meaningful job growth, and business owners and advocates say that’s a drag on the...

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