CIT = more bad news for small business

November 2, 2009

Just when it looked like President Obama was making some headway with small business, along comes the CIT bankruptcy train to derail everything.

Small business gets its bailout

October 30, 2009

(Note: The Recovery Act did not directly assign $15.5 billion in funds to the SBA, but $730 million that has so far supported $13.4 billion in SBA-backed loans to small businesses, according to the SBA.)

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.

SBA channels Simon & Garfunkel with new lending program

May 18, 2009

Small Business Administration chief Karen Mills announced a new emergency lending program for struggling U.S. small businesses on Monday, calling it a “bridge over troubled water” for beleaguered entrepreneurs.