http://smallbizres.com Helping Small Businesses Succeed Tue, 22 Dec 2009 03:21:50 +0000 http://backend.userland.com/rss092 en Over the weekend, the U.S. Senate voted to extend the SBA Recovery Act provisions through February 2010. Last week the House also voted to extend the Recovery Act so the measure now goes to the President for his signature, which should happen today. You will recall that the Recovery Act ... http://smallbizres.com/blog/2009/12/sba-recovery-act-funding-extended/ We've all known for months that the stimulus money put into the SBA programs earlier this year as a part of sections 501 and 502 of the Recovery Act would eventually run out. The SBA has released notice 5000-1131 outlining the procedures to follow during the "transition period". SBA projects ... http://smallbizres.com/blog/2009/11/sba-stimulus-funds-set-to-expire/ The United States Small Business Administration lending programs are alive and well, thanks in part to government stimulus funds. The flagship 7(a) program is currently one of the best bargains in the country for small businesses borrowing money.  Right now, program fees are being waived and to entice banks to ... http://smallbizres.com/blog/2009/10/sba-stimulus-money-about-to-run-out/ The United States Small Business Administration lending programs are alive and well, thanks in part to government stimulus funds. The flagship 7(a) program is currently one of the best bargains in the country for small businesses borrowing money.  Right now, program fees are being waived and to entice banks to ... http://smallbizres.com/blog/2009/09/sba-loan-enhancements-set-to-expire/ The United States Small Business Administration lending programs are alive and well. The flagship 7(a) program is currently one of the best bargains in the country for small businesses borrowing money.  Right now, program fees are being waived and to entice banks to lend under the program, the guarantee percentage ... http://smallbizres.com/blog/2009/08/best-time-to-get-sba-loans/ The United States Small Business Administration lending programs are alive and well. The flagship 7(a) program is currently one of the best bargains in the country for small businesses borrowing money.  Right now, program fees are being waived and to entice banks to lend under the program, the guarantee percentage ... http://smallbizres.com/blog/2009/07/best-time-to-borrow-sba-money/ The United States Small Business Administration lending programs are alive and well. The flagship 7(a) program is currently one of the best bargains in the country for small businesses borrowing money.  Right now, program fees are being waived and to entice banks to lend under the program, the guarantee percentage ... http://smallbizres.com/blog/2009/06/sba-programs-are-alive-and-well/ If your business is struggling with paying its expenses, and who is not this day and time, bankruptcy is not the only answer. Financial restructuring may be the way to get your business back on solid ground. We work with businesses to get them more favorable terms from their bank ... http://smallbizres.com/blog/2009/04/financial-restructuring-could-save-your-business/ On Monday March 16, the President announced some changes to the SBA’s lending programs as a part of his economic stimulus program. These changes have all been discussed for weeks, however I thought it would be a good idea to summarize the key items here: First, for loans approved on or ... http://smallbizres.com/blog/2009/03/sba-program-enhancements/ If your business is struggling with paying its expenses, and who is not this day and time, bankruptcy is not the only answer. Financial restructuring may be the way to get your business back on solid ground. We work with businesses to get them more favorable terms from their bank ... http://smallbizres.com/blog/2009/02/bankruptcy-is-not-your-only-option/ SBA has published some changes to its SOP effective March 1, 2009 limiting the amount of goodwill financing in 7(a) transactions to a maximum of $250,000. The examples below show what an alternative allocation of the purchase price of a business might do to deal with these changes: Total purchase ... http://smallbizres.com/blog/2009/02/creative-sba-financing/ Access to capital is the biggest need of small businesses during the best and worst of times. The good news, there is money to lend; you just need to know where to look. Money for the purchase or start-up of a new business using the SBA's various programs, money to ... http://smallbizres.com/blog/2009/02/there-is-money-to-lend/ The Independent Community Bankers of America trade group is proposing the following changes to the SBA 7(a) program as a part of the economic stimulus package. If this gets passed it would be a huge shot in the arm for the program and great news to us all. Immediately offer a ... http://smallbizres.com/blog/2009/01/proposed-icba-sba-changes/