In an effort to expedite processing of larger loan applications under Section 7(a), the SBA has two special lender programs: the Certified Lender Program and the Preferred Lender Program. These programs are illustrative of the SBA's efforts to ...

In a nutshell, the major benefit of an SBA loan guarantee is to make conventional financing available to a small business that might not otherwise qualify for the loan. Most often, an SBA guarantee is sought when a conventional lender feels that ...

Consensual liens, such as mortgages and car loans, generally cannot be eliminated even when they impair an exemption. When executing a comprehensive asset exemption plan, another effective strategy consists of paying down secured debt with unsecured ...

To start the application process, contact the local SBA district office serving your area. An SBA representative will answer general questions over the telephone. Most district offices have regularly scheduled 8(a) orientation workshops designed to ...

In terms of maximizing your asset protection planning, there are a number of funding strategies available when structuring a business using holding/operating companies. But you must be careful to balance the combination of equity and debt ...

Venture capital ("VC") firms supply funding from private sources for investing in select companies that have a high, rapid growth potential and a need for large amounts of capital. VC firms speculate on certain high-risk businesses producing a very ...

What are loans doing in this list? Loans aren't compensation, are they? Well, the answer to that is that they often get reclassified as compensation (or, worse yet, as dividends) by the IRS, so you may as well think of them in that context from ...

For many small businesses, government assistance can make the difference in getting the money they vitally need to start, continue, or expand operations. The Small Business Administration (SBA) is a federal agency that offers a number of financing ...

Although the SBA has existed for over half a century, the agency is subject to frequent changes in funding and program policies. While these changes may affect the availability of SBA loan guarantees from time to time, the agency remains one of the ...

In negligent lending cases, you are liable because you let an employee use a company vehicle when you knew (or should have known) the employee was unfit to drive. To reduce your liability from negligent lending suits against you, you can: Obtain ...

The Export Working Capital program provides short-term financing guarantees on loans for specific export needs. The loans can be structured as revolving lines of credit or term loans, or be tied to a specific contract or cash cycle. During its ...

The most popular form of financial assistance from the SBA was through the agency's Low Documentation ("LowDoc") Program, a derivative of SBA's long-established guaranteed loan program. This program was terminated in Fall 2005....may it rest in ...

We all have short- or long-term needs for money or credit. It could be a fender-bender with your car, an accident or an illness; unexpected incidents can create a need for several hundred or several thousand dollars. Credit can be obtained from a ...

Congress created the U.S. Small Business Administration (SBA) in 1953 to help America's entrepreneurs form successful small enterprises. Today, SBA offices in every state offer financing, training and advocacy for small firms. The Agency also works ...

Small Business Administration Resources Key S.B.A. Web Sites The SBA web site contains more than 44,000 pages, and averages 14 million hits a week, and had more than 7.6 million hits for the month of January. Here are some of ...

Capital Sources for Women This information is brought to you by womeninc.com, the premier small business site for women. Introduction What Bankers Look For Loan Options Sba Loan Programs Locating ...

SBA: Office of Women's Business Ownership Office of Women’s Business Ownership(OWBO) 202-205-6673 www.sba.gov/womeninbusiness The Office of Women’s Business Ownership is the primary advocate for the interests ...

Asset-Based Financing, Factoring, and Selling Consumer Debt Asset-Based Financing, Factoring or Accounts Receivable Management, is the purchase of accounts receivable on a non-recourse or recourse basis, the collection of those ...

By Paul Gores, Milwaukee Journal Sentinel Oct. 13--Associated Bank was the top Small Business Administration bank lender in Wisconsin in fiscal 2006, making 347 loans worth a total of $45.3 million. It was the second consecutive year that the ...

By Journal staff report Small businesses in Rhode Island received 803 loans totaling $102.8 million, backed by the U.S. Small Business Administration, for the 12 months that ended Sept. 30. The loans helped create or retain 3,153 jobs, according ...

Communicating an Acquisition to Employees Acquisitions are stressful for employees. Deciding what to tell my employees, and when, was a tricky decision for me when I sold TEAL Electronics. First, I thought of a number of ...

Lending programs for women Q: Are there any special lending programs for women wanting to start a business?   -- Angela W., Hiram, Ga. A: Let?s hope so! Women-owned businesses in 1999 topped 9 million and contributed ...

Senate Approves SBA Funding BoostBy Angus LotenA new bill provides the small-business agency with an additional $40 million for core lending and assistance programs. Senate lawmakers this week approved $569 million in funding for the ...

Funding for entrepreneurs Q: Help! I'm starting a restaurant with my partner. Where do new entrepreneurs go for funding when they are first starting out?  --George, Milwaukee, Wis. A: Yours is a common lament, but one ...

Conquering credit card debt: It can be done Q: I really got my business into trouble with my credit card use. After September 11th, business turned down sharply and I used my personal cards to keep my small business afloat. ...