Comments on: New Help Available to Small Businesses Looking For Loans

By: Gugu nsingwane

Gugu nsingwane — Sat, 07 Apr 2012 17:42:48 +0000

I am a young woman in Swaziland looking for funds to start up a farming business so please get back to me if you are willing to help or know of someone who can help

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Via MebApp.com

By: Jorrie Louw

Jorrie Louw — Thu, 03 Sep 2009 06:34:00 +0000

I’m writing to you from Hermanus, South Africa.
In October 2008 our local fish factory (operational for the last 30 years) closed down due to bad management and wrong business choices made.
This now affecting 104 (previously disadvantaged) households where most of the workers being the bread winner.
We are now reaching out to whoever we can, to assist us financially to get the factory going agian with the ownership in the hands of the workers.

Regards,

Jorrie Louw.

By: Ron Derven

Ron Derven — Sat, 22 Aug 2009 23:28:12 +0000

Our small business readers need a new program from the federal government. We think the SBA needs to stop dancing with bankers who will not give loans and make loans directly to small business.

By: Neal Gordon

Neal Gordon — Wed, 24 Jun 2009 10:03:29 +0000

One big problem for borrowers is locating a loan from a lender who is not their bank. Many of the banks want to provide loans to current customers only, especially if they hold a loan from that customer. Also, many banks have additional requirements for the loans beyond what the SBA has required. But not one of the banks is happy about having to process and underwrite a loan package for a $35,000 loan that requires nearly as much information as a needed for a regular sized SBA 7(a) loan.

My company, Business Borrowers Alliance, is contacting the large and mid-sized banks to learn if they are participating and what their specific requirements are.

We provide direct assistance and help to businesses throughout the complete ARC Loan application process.

For more information, contact us at 866-944-3866, mail@businessborrowersalliance.org or visit http://www.businessborrowersalliance.org

By: New Loans for Small Businesses

New Loans for Small Businesses — Fri, 19 Jun 2009 14:02:55 +0000

[...] Small Business Trends blog reported this week on a second program, currently just a pilot to help low-income entrepreneurs in [...]

By: Martin Lindeskog

Martin Lindeskog — Fri, 19 Jun 2009 02:03:59 +0000

TJ: Could you use micropayments at Starbucks in Seattle?!

By: Robert Rogers

Robert Rogers — Wed, 17 Jun 2009 22:26:11 +0000

Thanks for the information on small business lending. I recently put together a list of links that small businesses can use when evaluating lending sources. It is on my Florida Small Business blog (http://floridasmallbusiness.blogspot.com/2009/06/access-to-capital.html). I appreciate the information because now is the time that small businesses need to know how they can succeed.

By: RedHotFranchises

RedHotFranchises — Wed, 17 Jun 2009 10:00:31 +0000

Great! getting a loan for $35,000 with no interest will relief viable small businesses facing immediate financial hardship to help ride out the current uncertain economic times and return to profitability.

By: Arthur Bland

Arthur Bland — Wed, 17 Jun 2009 06:15:13 +0000

Lisa, thanks for sharing all these. Really thank you!

By: TJ McCue

TJ McCue — Wed, 17 Jun 2009 06:10:45 +0000

@Martin I agree. There are a couple of microfinance entities here in the Seattle area. Doing really cool work. I’m a huge fan of Netbanker and I think you’ll enjoy them. The blog shares a lot of details and ideas. Then they have paid reports you can purchase with a bit more in-depth coverage.