This post may be inappropriate for business owners under the age of 18 ;) Have you ever gone to a good comedy club and not laughed your self silly? I can semi-vividly remember a guy I saw about 15 years ago at the Punchline here in Atlanta. … [Continue reading] about Super-Sized SBA Loans: BACK UP!
SBA Self-Storage Loans are more readily available since the SBA loan guidelines were changed to allow self storage/mini storage or mini warehouse businesses as an eligible business type. 90% financing is available for mini-storage, self storage … [Continue reading] about Self Storage, Mini Storage Now Eligible for SBA
HR 5297: Jobs Bill or SBA Lending Bill? HR 5297 has been called both a "lending bill" and a "jobs bill" and it will be signed into law today by President Obama, which begs the question...which will it be? A lending bill or a jobs bill? The … [Continue reading] about Small Business Jobs Bill? Or Lending Bill?
Breaking News... It's Official: The Senate has passed the Small Business Bill - HR 5297 - aka The Small Business Lending Bill or Small Business Jobs Bill. The legislation will now go back to the House where it is expected to receive approval … [Continue reading] about Small Business Bill Passed By Senate
Small Biz "Lending and Jobs" Bill - Part One As you may have heard by now, the Small Business Jobs and Lending Bill - HR 5297 - received enough votes in the Senate to move forward for a final vote expected later this week. From there it is … [Continue reading] about Small Business Lending Bill Passes Initial Test…
No Extension of SBA Loan Fee Waivers...yet The much hoped extension of the SBA 7a and SBA 504 fee waivers that was included in HR 4213 was cut from that piece of legislation before it passed, but it was added to HR 5297. However, HR 5297 was … [Continue reading] about SBA Loan Fee Waiver Not As Important As 90% Guaranty
Small Business Lending Bill The "Small Business Lending Bill" aka "The Small Business Jobs Act" has not passed yet. (Here is a quick rundown of what it means to SBA Lending: SBA HR 5297). Republicans and Democrats are still fighting about … [Continue reading] about Small Business Lending/Jobs Bill Not Passed…Yet
SBA 7a and 504 Fee Waivers Funds for SBA 7a and 504 fee waivers that were part of the Recovery Act expired on May 31st and the proposed legislation to extend it is unlikely to pass. H.R. 4213 (or the "Extender Bill" as it has been called) … [Continue reading] about SBA Loan Fees – Is The Fee Waiver Coming Back?
HR 5297 - SBA Refinances, Larger Loans, Larger Companies Eligible SBA lenders have been talking about this for a while now and the latest bill - H.R.5297 (the "Jobs and Lending Bill") - has been passed by the House and the Senate will now take it … [Continue reading] about New SBA Bill – HR 5297 – BIG, Good Changes