Archive for the ‘Recent News’ Category
Congress has released the text of the omnibus bill which will fund the government for the remainder of FY16. It contains a provision which will permanently reinstitute the debt refinancing program. SBA 504 Debt Refinance Update 12 16 2015
Senator Shaheen Stands Up for Small Business, Brings CREED Act to the Senate Floor
For 504 loans approved during FY16: The one-time guaranty fee that SBA is authorized to charge 504 borrowers will be reduced to zero in FY16. The annual fee is reduced to 0.914 percent (91.4 basis points) of the outstanding balance of the loan.
At a Senate Small Business Committee hearing yesterday, Sen. Shaheen discussed the great work the 504 program already does in energy efficiency and the ways this bill will help expand those opportunities.
For loans used to finance new construction or substantial renovation of an existing building, SBA has added the general contractor, project architect, and construction management firm, (in addition to existing appraiser) as qualified providers of statements affirming that a building was built with only minor deviations (if any) from the plans and specifications upon which […]
According to the findings of a 2014 Intuit study (link is external), more than 40 percent of U.S. small businesses consider themselves financially illiterate. Yet, 81 percent handle their business’ finances. April is National Financial Capability Month, so now is a great time for small businesses and aspiring entrepreneurs to brush up on their financial […]
Webinars for Women Entrepreneurs How to Take Your Woman-Owned Small Business Global With almost 300,000 small businesses currently exporting – and responsible for a third of last year’s record $2.345 trillion in U.S. exports – now is an ideal time to use the SBA’s export loan programs to take your business global. Join our webinar […]
The U.S. Small Business Administration (SBA) recently published a proposed rule to amend its regulations to establish a government-wide Mentor-Protégé Program for all small businesses
SBA Hosts Weekly Office Hours Webinars for Women Entrepreneurs on Women-Owned Small Business Women business owners are invited to learn more about increasing opportunities for women entrepreneurs in the federal contracting arena through free Office Hours Webinars hosted by the U.S. Small Business Administration each Tuesday and Thursday through June 26 at 2 p.m. […]
Pikes Peak Regional Development Corporation and the National Association of Development Companies (NADCO), representing SBA lenders including the nation’s SBA Certified Development Companies, is welcoming SBA Administrator Maria Contreras-Sweet at NADCO’s Annual Meeting at the Historic Broadmoor Hotel in Colorado Springs, CO. This meeting brings together SBA lending leaders and senior SBA officials. http://www.nadco.org/page/AM2014_AboutHm4 […]