SBA Loans

February 29, 2008

SBA Loans for Startup Business

Filed under: SBA Loans

The Small Business Administration (SBA) is an independent agency of the Federal Government, established by Congress to advise and help the Nation’s small businesses.

SBA Programs

Even if you have been turned down by your local bank, a SBA lender may be able to help you. Many SBA lenders will give special consideration to minority and/or women owned businesses. You will still need to meet the credit criteria. These are loans not grants.

 
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February 28, 2008

ADM outlook cut to negative on use of working capital to fund inventories -Fitch

Filed under: Articles and News

MUMBAI (Thomson Financial) - Fitch Ratings revised its outlook on Archer Daniels Midland Co (ADM) to negative from stable, citing the company’s increased use of working capital to finance its inventories during the current period of soaring agricultural commodity prices, which has led to prolonged weak free cash flow.

"There is an increased likelihood that a portion of the debt used to finance working capital will become a permanent part of the company’s capital structure," Fitch said.

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February 27, 2008

Equipment leasing will preserve your working capital.

Filed under: SBA Loans

Are you starting a small business or have you been in business less than 2 years? As you may know, finding equipment leasing for a small business start up can be difficult.

Not anymore.

Our equipment leasing program for startup / new businesses is designed with you in mind! We don’t require any time in business so you can be a day 1 start up and we can still get your business equipment leasing!

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SBA Loans for Startup Business

Filed under: SBA Loans

The Small Business Administration (SBA) is an independent agency of the Federal Government, established by Congress to advise and help the Nation’s small businesses.

SBA Programs

Even if you have been turned down by your local bank, a SBA lender may be able to help you. Many SBA lenders will give special consideration to minority and/or women owned businesses. You will still need to meet the credit criteria. These are loans not grants.

Read Full News 

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February 26, 2008

Form 8-K for SBA COMMUNICATIONS CORP

Filed under: Articles and News

Entry into a Material Definitive Agreement, Creation of a Direct Financia

Item 1.01 Entry into a Material Definitive Agreement.

On January 18, 2008, SBA Senior Finance, Inc. ("SBASF"), a wholly-owned subsidiary of SBA Communications Corporation ("SBAC") entered into a credit agreement for a $285 million senior secured revolving credit facility (the "Senior Credit Facility"), with the several banks and other financial institutions or entities from time to time parties to the credit agreement (the "Lenders"), Wachovia Bank, National Association and Lehman Commercial Paper Inc., as co-syndication agents, Citicorp North America, Inc. and JPMorgan Chase Bank, N.A., as co-documentation agents, and Toronto Dominion (Texas) LLC, as administrative agent (the "Senior Credit Agreement"). TD Securities (USA) LLC served as lead arranger and joint bookrunner and Wachovia Capital Markets, LLC served as co-lead arranger and joint bookrunner. Citicorp North America, Inc., Deutsche Bank Securities Inc., J.P. Morgan Securities Inc. and Lehman Brothers Inc., served as joint bookrunners.

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February 25, 2008

SBA Loans for Startup Business

Filed under: SBA Loans

The Small Business Administration (SBA) is an independent agency of the Federal Government, established by Congress to advise and help the Nation’s small businesses.

 SBA Programs

  Even if you have been turned down by your local bank, a SBA lender may be able to help you. Many SBA lenders will give special consideration to minority and/or women owned businesses. You will still need to meet the credit criteria. These are loans not grants.

Read Full News 

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February 23, 2008

Washington Trust is No. 1 in SBA loans

Filed under: Articles and News

WESTERLY – The Washington Trust Co. was the state’s top small-business lender in the quarter ended Dec. 31, the U.S. Small Business Administration reports.

The Westerly-based bank “continues to provide the much-needed access to capital that the small business community requires to start, grow and succeed,” Mark S. Hayward, director of the SBA’s Rhode Island District Office in Providence, said in a statement, adding: “Washington Trust has increased their SBA lending by 125 percent over the same period last year, in spite of a downturn in SBA lending in Rhode Island this fiscal year.”

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SBA Loans for Startup Business

Filed under: SBA Loans

The Small Business Administration (SBA) is an independent agency of the Federal Government, established by Congress to advise and help the Nation’s small businesses.

SBA Programs

Even if you have been turned down by your local bank, a SBA lender may be able to help you. Many SBA lenders will give special consideration to minority and/or women owned businesses. You will still need to meet the credit criteria. These are loans not grants.

Read Full News SBA Loans for Startup Business

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February 21, 2008

Lending troubles

Filed under: Articles and News

On a Friday last month, tears were flowing at Reflections Senior Social Day Care on Route 9 in Berkeley.

The center would close its doors later that afternoon. The bank foreclosed after its owner, Sylvia Jones, a registered nurse, was unable to make her rising mortgage payments. On Jan. 4, the sheriff’s department served her with an eviction notice.

"I am so upset and don’t want it to close and can’t stop crying," said Lillian Vitti, 89, of Manchester’s Whiting section, sitting at a table eating cake. "We became a family. We help each other and we are going to miss each other."

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SBA Loans for Startup Business

Filed under: SBA Loans

The Small Business Administration (SBA) is an independent agency of the Federal Government, established by Congress to advise and help the Nation’s small businesses.

 SBA Programs

Even if you have been turned down by your local bank, a SBA lender may be able to help you. Many SBA lenders will give special consideration to minority and/or women owned businesses. You will still need to meet the credit criteria. These are loans not grants.

Read Full News SBA Loans for Startup Business

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