By J.D. Harrison, The Washington Post Published: September 27 | Updated: Monday, September 30, 6:00 AM Down to the final days of the nation’s current spending plan, with negotiations over a new one at a standstill, nearly half of small business owners are in favor of shutting the government down, according to a new poll. Researchers…
Partisan Divide in D.C.? Not Over the S.B.A.
The New York TimesJune 15, 2012 By ROBB MANDELBAUM How small-business issues are shaping politics and policy. In this election season, the leitmotif to the story taking shape in Washington is that the partisan divide is vast and growing vaster — if last year it was difficult to pass…
Worldwide crisis in small business lending
At last week’s annual Small Business Administration’s conference for National Small Business Week, SBA Chief Karen Mills took some questions. One small business owner said that she received “invaluable support” from one of the SBA’s Small Business Development Centers, which operate in every state. The lack of credit from banks…
Funding a resource for small business
It would be nice to believe that with Rick Perry dropping out of the GOP primary last week that the idea he floated earlier this month in South Carolina of killing off the Small Business Administration would itself be killed off. But that’s not going to happen. There are still…
Maybe I’ll start drinking coffee
“Banks start to make more loans” That was the heading of a New York Times Dealbook story today. But if you’re in the market for a small business loan or line of credit, don’t get your hopes up. According to the story, “Loan growth is still modest. And it remains…
Why only small business can save America
January 8, 2011USA Today By Steve Strauss The bad news is all around us and never seems to end. If it’s not Tea Party Republicans who somehow, shockingly seemed willing to allow the country to go into default before they would accept even the most basic of revenue increases, it’s…
Action Alert–SBDC budget vetoed
Yesterday Governor Haley vetoed the entire state budget for the South Carolina Small Business Development Center. Please see the letter below for our reasons for asking the Legislature to override Veto # 12. Call your House and Senate member ASAP, before noon today, and ask them to vote t override…
Billions still waiting for lending to small businesses
Last week at my meetings in DC with representatives of the Administration’s economic development team and key staff of the U.S. Senate Small Business Committee I expressed concern that possibly up to half of the $30 billion Small Business Lending Fund established last year would not be claimed. The fund…
Microenterprise Development Month
Last week, Small Business Administration Administrator Karen Mills spoke to the Greater Miami Chamber of Commerce. She had good news for many businesses seeking credit. “Lending is back to 2008 levels,” Mills said. But the news wasn’t so good for the small businesses in geographically challenged areas and our smallest…
SBA’s Community Express loan ends
“Small business owners have reason to be a bit less merry this holiday season.” That is the conclusion of Jerry Chautin, a local volunteer business counselor with Manasota SCORE, Counselors to America’s Small Business. You need to read his opinion editorial (below) that ran in the Herald-Tribune on December 20, 2010,…