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Loans and Lines of Credit

2 Posts tagged with the small_business_owners tag
Small Business Administration and Stimulus Package
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Posted by: CommunityTeam, May 12, 2009

By Reed Richardson As part of the economic recovery package passed in mid-February, Congress and the President temporarily relaxed several lending rules and also added more than a billion dollars in additional funding to make loans more accessible and attractive to small companies. These measures are aimed at reversing the significant drop in small business lending that accompanied the larger credit market contraction that began last October. Below is a breakdown of the new stimulus package's...
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Raising Money For Your Business – The Ben Franklin Way
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Posted by: SBOCTeam-KhWmv, Oct 20, 2008

by Adducent Even in good economic conditions conventional bank funding can be difficult to get unless you have strong credit, a business record for them to rely on, provide personal guarantees and collateral. Current market and economic conditions are making things even more difficult for many business owners and entrepreneurs. Without credit or collateral to get debt based funding for your business, the only avenue you may have is to try to raise capital by selling equity. If you have not...
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