The $700 billion plan was needed "in order to avoid a continuing series of financial institution failures and frozen credit markets that threaten American families' financial well-being, the viability of businesses both small and large, and the very health of our economy." Business owners with bad credit, unproven ventures, or companies tied to troubled industries such as housing have had a particularly hard time borrowing, but many banks still want to lend to established firms with good credit and collat
Some palliatives for Mom & Pop. Mom and pop shops didn't need the nasty headlines of the last two months to tell them things were bad out there.
When you can make money and make a difference, everyone wins.
It was the first time since October 2001 the central bank has expanded the funds available for total loans, with the cap typically set each quarter. In September, the bank had said the limit would be unchanged for the fourth quarter of 2008.
OBAMA TO PROPOSE INCREASING CAPS FOR SMALL BUSINESS LOANS AND TO GIVE SMALLER BANKS BETTER ACCESS TO TARP FUNDS - OFFICIAL...
* Small business recovery could set E.Europe states apart * Poland better off, Czech, Hungarian firms face hard times * Banks slow to restart lending as SME's seen risky business BUDAPEST, Oct 16 - Lending...
First off, tell me how the biodiesel industry--and Innovation Fuels in particular--benefits small business owners. We're a fuel provider, so if a business runs a commercial boiler or a back-up power generation system, or has a fleet of vehicles 鈥� or is in need of marine transportation or rail, we provide fuel for all of that. And biodiesel is priced lower than petroleum-based diesel.
If you run a small business or rent out a property, pay attention to the latest Obama Treasury proposals.
BOSTON, May 20 - General Electric Co Chief Executive Jeff Immelt said on Wednesday that small business demand for credit has begun to pick up after being "nonexistent" in the first quarter. "Small business demand...
NEW YORK, May 18 - Wal-Mart Stores Inc's Sam's Club warehouse division said on Monday that it is simplifying membership requirements for small businesses. Under the new guidelines, it said small business owners can obtain...