Entrepreneurial

SBA says small business lending up, but some feeling left out

September 28, 2012

This week Small Business Administration chief Karen Mills gave America’s top banks a pat on the back for boosting their lending to small businesses over the last 12 months, while separate data showed that funding for the most needy small businesses actually contracted.

Small business owners turn to pawn shops

By Guest Contributor
August 10, 2011

– Cynthia Hsu is a contributor to FindLaw’s Free Enterprise blog. FindLaw is a Thomson Reuters publication. –

Exclusive: Fewer small businesses shopping for credit: PayNet

June 6, 2011

When the financial crisis hit, panicked small businesses were scrambling to find credit. Nearly three years later it’s a much different story.

10 questions to find the right bank for your business

By Guest Contributor
April 8, 2011

– Mary Goodman and Rich Russakoff are co-founders of Bottom Line Up Enterprises. This article originally appeared on The Money Dept. column for BNET. The views expressed are their own. –

Why America’s small businesses are becoming like banks

By Terra Terwilliger
November 15, 2010

By Terra Terwilliger
The opinions expressed are the author’s own.

Over two years after the start of the Great Credit Crisis, banks are still not lending money. But big businesses know exactly where to go for a quick, interest-free loan … the little guy. Even as corporate profits recover, big companies continue to squeeze their small vendors, stretching out payment terms and writing late checks. Unfortunately, this blatant exploitation is damaging the small business economic engine that drives half of US GDP.

Peer-to-peer lender Prosper resumes service after SEC nod

July 14, 2009

lendingLet the lending begin. Prosper, a popular Web portal that facilitates peer-to-peer loans, announced on Tuesday that it has been given the go-ahead by federal regulators to resume its lending platform in several U.S. states after wrapping up a detailed registration process with the Securities and Exchange Commission (SEC).

SBA announces new ARC loan guidelines

June 8, 2009

Today the U.S. Small Business Administration announced new lender guidelines for the America’s Recovery Capital (ARC) loan program it unveiled last month.