Listings

HostGator

hostgator-web-hosting-review

HostGator.com is a provider of shared, reseller, VPS and dedicated web hosting. With over five million domains hosted by HostGator, they make up approximately 1% of the world’s Internet traffic. HostGator.com allows you to have unlimited subdomains under your account, with no restrictions on bandwidth or disk space. The down site to having so many …

LogoWorks

logoworks-600x250

LogoWorks is a service of HP. They spell out a very detailed process, which inspires confidence. Plus, they have customer feedback and ratings right alongside each package choice. They have designed over 45,000 logos; packages start at $299. HP also offers LogoMaker, a free logo creation service with an upgrade plan of $49. It is …

Logo Design Team

logo-design-team

Logo Design Team stands on its in-house design team, as opposed to a freelance team of people spread around the globe. They offer a $149 start price. Logo Design Team offers a “logo repair” service where they will update your existing logo, refreshing it to something modern and hip.

Logo Mojo

logo

Logo Mojo (a division of Deluxe) has a starter package at $195 which includes six concepts, two rounds of changes, and a three-day turnaround. They offer other artwork services, too, including Twitter backgrounds and Facebook profile images.

Sage One Invoicing

New-Sage-One-logo-hiRes-1

Sage One Invoicing is a monthly subscription-based invoicing service that will run you $9 a month. Sage One Invoicing allows you to send out your invoices from Sage, and the customer can pay directly from the invoice into Sage’s credit card service or through Paypal. If the payment is late, Sage One will tell you …

WePay

logo_regular

Online invoicing and payment app service WePay just released a new app for iOS devices that allows small businesses to send invoices and charge credit cards from mobile devices. Credit card processing and invoicing both come with a fee of 2.9% and $0.30 per transaction. The payment app accepts all major credit cards, and there …

FreshBooks

freshbooks-logo

FreshBooks signup is easy, fast, and free. No credit card required, which is always helps reduce signup friction. You can trial the software for 30 days for free, then decide on a paid plan or a forever-free plan. Of course, the free plan is limited, but it may work for your business. Paid plans start …

Guru

guru_logo

Guru offers a wide variety of freelancing jobs and allows you to create up to five different profiles. Their commission is variable, but they handle tax reporting so you do not have to give out your Social Security number to every employer. Escrow ensures freelancers are paid, but can be confusing. The onsite messaging is …

oDesk

odesk

Odesk is designed for freelancers who prefer hourly wages as opposed to flat fees. They are a little more expensive in their commissions, but they cover employer tax costs if the employer wants to hire you through their payroll service. You need to log in to the website while you work so it can record …

Freelancer.com

Freelancerlogo

Freelancer.com is one of the world’s largest outsourcing and crowdsourcing marketplace for small business. The site connects over 3,961,410 employers and freelancers globally from over 234 countries & regions. Through the website, employers can hire freelancers to do work in areas such as software, writing, data entry and design right through to engineering and the …

Infusionsoft

infusionsoft Logo

Infusionsoft combines everything your business needs — contact management, CRM, marketing automation and e-commerce — into a single online system. Along with their impressive array of features available, Infusionsoft allows you to be able to place a single contact into multiple list. This gives you the ability to track and target your customers more effectively …

MailChimp

MailChimp-logo

MailChimp is a Web-based email marketing service that comes with a great suite of tools. With over 95 million emails sent per day on average, MailChimp proves that email is still a viable way for small businesses to get the word out. One of the most important things to know is the service is completely …



Compare your business to the industry - Try our new tool


Popular SBA 504 Small Business Funding Program Sets New Record In September | Small Business News, Tips, Advice – Small Business Trends

Popular SBA 504 Small Business Funding Program Sets New Record In September

  • September 6, 2012

MCLEAN, Va., Sept. 5, 2012 /PRNewswire-USNewswire/ – Loans to American small businesses through the SBA’s 504 loan program during September 2012 will be the largest for any single month in the program’s 26 year history, according to the National Association of Development Companies (NADCO)

The September debenture sale for the SBA 504 program will be $495 million in 20-year debentures (sold at 2.20%) and $53.1 million in 10-year debentures (sold at 0.98%); a total of more than $548 million.  The 20-year debenture is the second largest, trailing only the August 2012 issue’s size of $507 million according to Frank Keene, NADCO 504 program Fiscal Agent, and Jean Wojtowicz, Executive Director of Indiana Statewide CDC and NADCO Chair of the 504 Funding Committee.  NADCO is the trade association for the nation’s 270 Certified Development Companies (CDCs),

The SBA 504 loan is designed to help small business owners get long-term financing for capital assets such as the purchase of real estate and equipment.  In most cases, a 504 project includes a first mortgage from a private-second lender that covers 50 percent of the cost, and SBA-guaranteed second mortgage from a CDC that covers 40 percent of the cost, and 10 percent equity from the borrower.  Over 130,000 businesses have obtained SBA 504 loans over the past 25 years, and $50 billion in debentures have been funded, leading to more than $100 billion in small business financing projects.

“These historic low rates are a real benefit for small businesses around the country and allow these businesses to conserve working capital, plan for the future and have the capital necessary to increase their employment levels,” said Wojtowicz

The 12- month average debenture interest rate for the 20-year series is 2.57%. September’s issue was priced at 65 basis points over the Treasury market which is 10 basis points lower than its 12- month average spread. The underwriters Credit Suisse and Bank of America Merrill Lynch each reported strong sales on both September issues with each being strongly oversubscribed.

An important benefit for small business borrowers is that the Effective Rate (including all funding costs and guarantee fees) on their new 20 year loans will be approximately 4.30%. Through August, the effective rate on the twenty-year series has averaged only 4.595% during 2012.  Additionally, both the 20-year debenture and the 10-year debenture will carry the lowest interest rates for borrowers since the program began in 1986. These monthly sales have provided record low cost, long term financing for owner-occupied real estate and business equipment to more than 5,000 small businesses across the country. The result of these loans has been creation of thousands of jobs for these businesses through low cost capital.

About NADCO
The National Association of Development Companies (NADCO) is the trade association for the nation’s Certified Development Companies (CDCs).  Our members are community economic development organizations that serve every state, as well as Puerto Rico and U. S. territories in the South Pacific.  CDCs have been certified by the U.S. Small Business Administration (SBA) to provide financing to small businesses through the SBA 504 loan program.  For more information, contact at CDC in your area by visiting the NADCO website, www.nadco.org.

 

 

 

SOURCE National Association of Development Companies (NADCO)

More Press Releases