Roughly one out of 10 immigrant workers are business owners with most turning to personal or family savings for startup capital.
Several banks were named top lenders by the SBA on Monday as it kicked off events to mark National Small Business Week.
Spring rains don't prompt sprout in business loan approvals.
Thanks to funding from Bethex Federal Credit Union, a member was recently able to purchase the building that houses South Bronx businesses.
A new curriculum to support business owners through training, technical assistance and mentoring has been developed by the SBA and FDIC.
The SBA has named Alaska USA Federal Credit Union the state’s number one lending institution in the agency’s 504 loan program for 2011.
The SBA has opened a second application period for nonprofit intermediary lenders to apply for a pilot program that provides loans up to $200,000.
David Adams cited for helping Michigan credit unions sharply increase small business lending.
The SBA has named Michigan CUSO Commercial Alliance its Community Lender of the Year from agency partner Michigan Certified Development Corp.
Massachusetts credit union can now underwrite commercial loan products in SBA Express and Patriot Express programs.