SUBSCRIBE TO SBDC RSS
Start Up
Marketing
Internet
Finance
Accounting
Government
Operations
International
Disaster Plan
Expert Business Consulting
Sign up for free small business consulting in your county. Fill out the Electronic Request for Counseling to get started.
Category Archives: Financing
Consumers are paying down credit cards and buying less
According to a CNNMoney.com article, Credit Card Debt at 8 year low, the amount of credit card debt consumers are carrying dropped to an eight-year low and delinquencies continued to decline in the second quarter as consumers looked to shore
Posted in Featured Articles, Financing
Tagged bank financing, consumer spending, credit cards, financial
Comments Off
SBA ARC Loan Program to expire on September 30th
SBA America’s Recovery Capital (ARC) loans can be used to make payments of principal and interest, in full or in part, on one or more existing, qualifying small business loans for up to six months.
Florida Emergency Bridge Loan Program to Expire on September 30th
The Florida Emergency Bridge Loan program was activated in early June by Governor Crist to assist businesses impacted by the Deepwater Horizon Oil Spill. The Governor’s Office of Tourism, Trade & Economic Development has allocated $5 million in an effort
Tampa Bay SBA 7(a) Loans plummets by 73%
Who is still doing SBA 7(a) loans? In June, the number of business loans in the Tampa Bay area guaranteed by the Small Business Administration in its 7(a) loan program fell by 73% dropping to 12 loans from the 44
SBA Loans Fall in June
The Small Business Stimulus Package has not yet been renewed by Congress, so in June, the number of business loans guaranteed by the Small Business Administration in its 7(a) loan program fell by 49% dropping to 2,758 loans from the 5,388 loans in May. Full Story
Stimulus Package Leading to More Small Business Loans
90% Increase in SBA Loans since passage of the Recovery Act As part of the American Recovery and Reinvestment Act (ARRA), the SBA received $730 million to help small businesses obtain the capital necessary to survive the recession. As of
Get a Loan
SBDC Consultant Jim Parrish published in the June edition of the Maddux Report Getting a business loan may be critical to the success of your business. But no bank loan is automatic. Your banker?s goal is to generate bank profits
Posted in Financing, Maddux Report Articles
Tagged bank financing, business loans, finance your business
Leave a comment
Deepwater Horizon Oil Spill Small Business Emergency Bridge Loan Program
The Florida Small Business Development Center Network is the primary technical assistance provider in support of the application process of small businesses in need of the Florida Emergency Bridge Loan Program. We are a major resource on the SBA?s Disaster
90 Percent Guarantee on SBA 7a Loans End
The authorization for the 90 percent guarantee on 7(a) loans ended on May 31, but the authorization for fee waivers is in place through September 2010. Unless Congress authorizes additional funds the SBA guarantees on 7(a) loans will be 85%
Posted in Financing
Tagged business loans, economic recovery, finance your business, Financing
Leave a comment
Big Banks Loan Less to Small Businesses
According to a May 2010 Congressional Oversight Panel report, in spite of the big banks having increased their share of small business lending over the last decade by 4.1%, between 2008 and 2009 their small business loan portfolios fell by
