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SBA Pours Billions Into Venture Capital, US Startups To Change The Business Landscape
Thursday, August 17, 2023 - 4:37pm | 470The U.S. Small Business Administration (SBA) is set to channel billions into venture capital funds, reshaping the Small Business Investment Company (SBIC) program. What Happened: With a goal to amplify investment into U.S. startups, especially those in underserved areas and industries crucial to...
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Senate Vote To Give PPP Assistance Program Six Week Extension
Wednesday, July 1, 2020 - 11:19am | 845On the day that the Paycheck Protection Program (PPP) was set to expire with more than $130 billion in authorized funds waiting to find a borrower, the initiative to keep Americans on their companies' payroll may be getting new life. According to various news reports, the U.S. Senate is a type of...
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The Credit Question: How Big Of A Role Does A Credit Score Play In Small Business Lending?
Monday, April 1, 2019 - 10:38am | 918For many small and medium-sized businesses, concerns over credit and the terms of a loan often stop the search for financing before it even begins. That reticence could also stifle plans to expand operations, invest in capital expenditure, or improve employee salaries. But what if your business...
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Funding for Small Businesses Promised
Thursday, December 17, 2009 - 3:10pm | 167The SBA (Small Business Administration) has decided to use the approximately $730 million dollars allotted to it to drastically increase the number of small business loans on the market by 80%. Although several companies took advantage of two successful programs started by this stimulus package,...