Need help for your business but not sure where you should turn?  Check out the Small Business Administration.  The SBA is the federal agency charged with providing assistance to small business owners. SBA priorities, under new administrator Karen Mills:
1) Move quickly to implement the plans laid out in the Recovery Act and get capital moving
again through the core SBA loan programs;
2) Reinvigorate the agency by investing in the agency’s staff through training and
professional development, attracting a strong and passionate leadership team, and
strengthening in the information technology the agency needs to operate; and,
3) Act as an advocate for small business across …read more

Congress has appropriated $255 billion to the Small Business Administration for emergency loans to small businesses.  While the SBA is preparing its guidelines, it’s time for you to get ready, if you want one of these loans.  Certainly the SBA will attempt to “fast track” the loans, but the competition will be fierce, and you must be ready with all your paperwork in order.  I’m not a banker, but I know what banks traditionally require for small business loans, so if you want your request to be taken seriously, here is what you need:
Excellent Credit. If you have business credit …read more