SBA Loan Program disappoints again
Despite all the recent publicity about the SBA's "helping hand" to small business, recent reports tell another story. Loan volume in dollars is down $3.6 billion, around 27%, and 25,000…
Innovative Financing Alternatives
Whenever I find an article about innovative or alternative financing, it's worth sharing. Creative financing has never been more needed as businesses seek to preserve and protect their franchise. While…
More Help for Small Business?
The Obama Administration is considering additional assistance for struggling small businesses. A large part of the focus is on creating additional liquidity for small businesses. Among the ideas is a…
Why Business Plans don’t deliver
I have written several posts lately about the value of business plans and the nature of the pitch to raise money.The MIT Sloan Management Review weighs in with a new…
Getting in hot water with bank covenants?
This month's issue of CFO magazine included an article, Tripped Up, about the many companies that are violating their loan covenants and offers some ideas about how to avoid those…