A recent report from the U.S. Small Business Administration (SBA)’s Office of Advocacy assesses changes in bank lending to small businesses in comparison to levels during the financial crisis. Following a review of banks of varying sizes and financial health, findings reveal a slow recovery in the small business loan market and a more pronounced growth in the total business loan market.
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Tag Archives: SBA
SBA Welcomes Kathleen McShane
The U.S. Small Business Administration (SBA) announces the appointment of Kathleen McShane as Assistant Administrator of their Office of Women’s Business Ownership. In this position, she will manage efforts to increase the growth of women-owned businesses.
November 24, 2017 Deadline for Hurricane Irma Disaster Assistance – No Application Costs – No Payments for One Full Year!
At absolutely no cost to apply, no payments for the first year, and an interest rate as low as 1.75 percent, Florida residents and businesses affected by Hurricane Irma are encouraged to apply for U.S. Small Business Administration (SBA) Disaster Assistance. For those impacted by natural disasters, the SBA offers low-interest loans to homeowners, businesses of all sizes, renters and even nonprofits. Don’t wait to hear from other disaster assistance, apply today before the deadlines—November 24, 2017 for Physical Damage, and June 11, 2018 for Economic Injury!
Jumpstarting Your Career & Business in the Housing Ecosystem
As a professional in the housing ecosystem, it is crucial to think outside the box and utilize the resources at your disposal to grow and advance your business and career. Analyzing your market, familiarizing yourself with the competition and crafting a superior business plan are great first steps, but pioneering decisions are what will make or break you in the market.
Adapting to the changing times, leveraging your differences, preparing for the future of the market and surrounding yourself with people invested in your success will help you seize opportunities for advancement.
Balancing New School and Old School
If you consider your favorite products, are they the “best” or the most inexpensive choices on the market? Or, have you developed a relationship with a particular brand that you buy because it has done right by you? Similar to your preferred items, your business can become the go-to for customers.
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Newsletter: New SBA Lending Tool – NAWRB WOSB Award Winners – FHFA Foreclosure Preventions
NAWRB Adds New Pillar to Small Business Sustainability Care Package
The National Association of Women in Real Estate Businesses (NAWRB) announces the expansion of its Small Business Sustainability Care Package with a fifth pillar, Small Claims Accountability. In December 2016, NAWRB released the Small Business Sustainability Care Package to provide accountability and sustainability to the 30 million small businesses across the nation. As small business owners encounter obstacles, NAWRB equips them with sound tools and information for success.
LIVE Updates: 2017 NAWRB Conference – Know Your Rights and Resources
With limited resources, it is crucial for small business owners to know their rights and resources, to be able to identify a streamlined course of action when an issue arises. Sharon Asar, Deputy Ombudsman, CFPB Ombudsman’s Office and Philip D. Lovas, Regional Advocate – SBA Region IX, Office of Advocacy, U.S. Small Business Administration (SBA) shared the resources their offices offer to America’s small business owners and the value they hold for entrepreneurs.
NAWRB Nominee City Girl Prepper Advances to Semi-Final Round in InnovateHER Challenge
We are excited to announce that NAWRB’s nominee for the InnovateHER Challenge, City Girl Prepper, is one of the six local winners advancing to the semi-final round!
City Girl Prepper is helping women to be prepared for everyday disruptions and disasters with ready-made emergency kits and gear designed for women and their families. City Girl Prepper provides women with the resources they need, want, and deserve to have in case of an emergency.
Putting Tools in the Hands of Women Entrepreneurs
At the Small Business Administration, we recognize that helping small women-owned businesses is critical to our economy. Women-owned businesses are one of the fastest growing segments. In fact, from 2002 to 2007, the growth of women-owned firms outpaced firms owned by men at a rate of 4-to-1.
The impact women-owned businesses have on our economy is easy to see: they employ more than 7 million workers and generate more than $1 trillion in revenue each year. The U.S. Small Business Administration (SBA) is committed to helping these businesses start, succeed, and grow, with opportunities for women-owned businesses existing in all of SBA’s core program areas.
SBA Seeking Funding Proposals for Entrepreneurship Training for Service Members, Military Spouses and Veterans
Today the U.S. Small Business Administration (SBA) issued a release inviting funding proposals from state, local and tribal government agencies, institutions of higher learning and non-profit organizations to “provide ‘Boots to Business’ entrepreneurship training to service members, military spouses, and veterans.”
The SBA’s Office of Veterans Business Development (OVBD) is hosting the competition, which will allow the SBA to administer the global Boots to Business program. Providing “entrepreneurial education and training to military service members and spouses,” the program consists of an Introduction to Entrepreneurship two-day classroom course and a Foundations of Entrepreneurship eight-week, instructor led online course.