Tag: SBA
Obama’s Proposed Reorganization – Help or Hindrance?
President Barak Obama has proposed a wholesale reorganization of several government agencies that deal with various aspects of business and trade. The plan would merge business functions of the Commerce Department with the Export-Import Bank, the Office of the U.S. Trade Representative, the Overseas Private Investment Corporation, the Small Business Administration and the Trade and Development […]
A ‘Letter from a Business Owner’
Recently one of my colleagues forwarded an email to me with a “letter” supposedly from an actual small business owner to his employees. Being cautious about forwarded material, I decided to look into it more closely and found that this “letter” has been around since mid-2009 with several different names attached to it. But just […]
Reviewing the Small Business Lending Fund
The numbers are in, the “winners” have been chosen, and in this case there doesn’t even seem to be much left to shout about. After the usual hype and ballyhoo, President Obama’s much vaunted Small Business Lending Fund has ended with what Thomas K. Brown described in iStockAnalyst.com as “a thud.” Out of a total […]
Is Unemployment Un-American?
Unemployment has become a major topic of concern and debate here in America. My worry is not about the people that use unemployment to get a new job or better yet use the opportunity to start a business. My fear is creating a sub-class of people that expect to be taken care of, with little […]
Craig G. Francis Joins Presidio Sentinel Team SBA loan expert will write on business and funding issues
For Immediate Release San Diego, CA – Craig G. Francis, owner of Francis Financial and SBALoanStore.com, has joined the team of contributors at Presidio Sentinel. Francis, who has brokered over $1 billion in loans for over 2400 small businesses, will write about business, entrepreneurial and lending issues for the newspaper’s hard copy and online publications. […]
Small Business Lending Fund Gains Ground – At End
The Small Business Lending Fund, one of the major provisions of the Small Business Jobs Act that President Obama signed into law a year ago, seems to have finally picked up some steam. Since September 1, the U.S. Treasury Department has announced a total of 111 banks have received money from the fund to use […]
New Numbers on Banks and Lending
The latest numbers are out for the second quarter, and some of it is mildly encouraging – but only mildly. According to an FDIC release, banks overall reported $28.8 billion in aggregate profits for the second quarter of 2011, a $7.9 billion increase over the same period in 2010. It was also the eighth straight […]
