Agency to help small businesses obtain loans
Grover Beach Improvement Agency is taking steps to help city businesses that may be struggling to survive in the depressed economy. The agency plans to set aside $30,000 to create a Revolving Loan Collateral Program that will help small-business owners secure loans from local banks.
Read more on The Times Press Recorder
Unemployed Father And Former Small Business Owner: “All We Are Looking For Is An Opportunity”
What’s Your Reaction? As HuffPost continues its coverage of Americans struggling to recover from the recession, we are asking for stories from our readers to be featured on our Third World America section.
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ANZ best value bank for small firms
ANZ awarded ‘best value banking service’ for small business but came last of big four banks in customer satisfaction.
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Transcript: The Outlook For Small Businesses
David Kuo talks to Dr Adam Marshall from the British Chambers of Commerce.
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Wells Fargo: Survey Shows Small Business Owners Continue to See Lower Business Prospects
SAN FRANCISCO—-Though their concerns about credit availability have stabilized, fewer U.S. small business owners expect revenues, cash flow, capital spending and hiring to increase over the next 12 months, according to the latest Wells Fargo/Gallup Small Business Index, conducted in July.
Read more on Business Wire via Yahoo! Finance
Senate Democrats’ Plan to Aid Small Businesses Hits G.O.P. Resistance
The main point of disagreement is a proposed $30 billion lending program that would make credit available through local banks.
Read more on New York Times
Weak sales hurt loans to small businesses
It’s the one-two punch — the psychological blow on top of the financial bruise — for those who look to small businesses, and the jobs they create, to lead the way out of the recession.
Read more on San Diego Union-Tribune
Fed looks for ways to aid small business lending
Federal Reserve Chairman Ben Bernanke stepped up pressure on Monday to get banks to boost lending to the nation’s small businesses, a critical element to spurring the economic recovery and reducing unemployment. Bernanke and other regulators have urged banks since February to increase their lending to smaller companies. Lawmakers on Capitol Hill have complained that small [...]
Read more on Colorado Springs Business Journal
Nipawin’s new finance director prefers small town life
There is a new face at the table during council meetings, but to long-time residents it is one they might have seen before. Lesley Richer started her work as the Town of Nipawin’s new director of finance and administration just over a month ago, but she is not new to town.
Read more on Nipawin Journal
How much money do you personally need to have in the bank, to get a small business loan/to start your business. Also, what are some tips for ppl considering to start their own business. Thanks