Anyone who has gone through the process of trying to secure a Small Business Loan knows how difficult it can be. Because I am in the business of helping others with the materials needed to apply for a loan, I always find it interesting to hear what the banks are doing to try to help, or for lack of better words, “screw over” small businesses.
I came across an article by author Robb Mandelbaum from the Small Business section of The New York Times called “The S.B.A Wants to Encourage More Small Loans” READ ORIGINAL ARTICLE HERE and it immediately caught my attention. Here is a list of things I found noteworthy.
It is too soon to tell if the new S.B.A. programs will be beneficial for small businesses or just add fuel to the fire. My advice, DON’T GIVE UP! The economic health of our country is turning around, and this article proves the S.B.A. acknowledges the problems and is putting programs in place to fix it. Keep visiting your trusted lender and keep pushing for small business loans…your hard work will eventually pay off.
1 Comment
7/20/2013 10:33:24 am
To develop the business should choose a good way financing so that the loan is not a bad option
Reply
Leave a Reply. |
BLOGGER:
|