SBA

SBA Lending Drops 50% in Q2 2010

Q2 2010 SBA lending has dropped by roughly 50% compared with Q1 2010. The major cause? The government stimulus money designed to fund small business lending guarantees has been depleted. This can be interpreted in one of two ways. One might argue that Obama should/could allocate more funding to put up as collateral for SBA […]

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New SBA Loan Program from President Obama

For the business owners out there, not all news stories are bad – especially not this one. Attention small business owners, says the SBA:  “help is coming” – well, some help is better than no help. While it may not be enough, President Barack Obama announced a plan to inject $15 billion into the small […]

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