Several small businesses in New York recently received funding from the Small Business Revolving Loan Fund that was created earlier this year by the Governor of New York, David A. Paterson, who was assisted in this project by the Small Business Task Force and Empire State Development. The Small Business Revolving Loan Fund is set [...]
The Bremer Bank recently announced plans to increase the availability of credit to its small-business customers, following the recent signing into law of the Small Business Jobs Act of 2010 by President Barack Obama. One of the most important aspects of the Small Business Jobs Act of 2010 with respect to increasing the availability of [...]
The Bank of America recently announced that it had given out around $25.9 billion to small and medium sized businesses in the third quarter of 2010, and that the total value of loans given out by the Bank of America to these businesses so far this year is $71.2 billion, around $12.6 billion more than [...]
The Webster Bank has been declared the top U.S. Small Business Association (SBA) lender in Connecticut, in terms of both the number of loans approved, as well as the total value of loans approved, for the third year in succession. The Webster Bank’s record in terms of SBA 504 loans is even more impressive, being [...]
Huntington was recently declared the fifth-largest SBA lender (in terms of the number of loans approved) in the whole of the US, having approved 1,312 loans in the 2009-2010 federal fiscal year that ended on the 30th of September. The total combined value of the SBA loans approved by Huntington during the year ended was [...]
A recently patented software known as Profit Solver, which allows businesses to significantly improve the profits and value of their company without increasing their sales or securing new clients, is currently being marketed to small businesses across the US as a means of improving their ability to qualify for the loans being issued as a [...]
Mintel Comperemedia, a firm which provides market intelligence and advice to businesses that are considering upgrading and improving their direct marketing strategies, recently highlighted the fact that the marketing and promotion of small business loans is currently at an all-time low. This is despite the recent signing into law of the 2010 Small Business Jobs [...]
Huntington Bancshares Incorporated (NASDAQ:HBAN), which is the fifth biggest Small Business Administration (SBA) lender in the United States and the biggest SBA lender in several of the states in which it operates, is preparing to help the numerous small businesses it counts as customers to take advantage of the benefits that will be afforded to [...]
Several key people from The American Legion have issued reactions to the Small Business Jobs and Credit Act of 2010 which was recently passed by Congress. Although they were very supportive of this latest piece of legislation which is set to provide a much needed boost to small businesses across the United States by improving [...]
The Small Business Jobs and Credit Act of 2010 was recently passed by Congress, as a part of an overall strategy to develop small businesses, in order to spur economic recovery and improve the unemployment rate across America. The new act included many benefits for small businesses, such as the enhancement of the SBA 504 [...]
