President Obama announced today an initiative that cuts the time it takes for federal agencies to pay small businesses from 30 to 15 days.
California credit union now belongs to a growing list of cooperatives with the SBA’s Preferred Lender status.
The Houston credit union was also recognized by the agency’s district office for strong lending performance.
The number of new business startups increased at the end of 2010, the U.S. Small Business Administration reported.
University of Virginia Community Credit Union feted by SBA for top loan volume in district.
New fund will focus exclusively on providing capital to Michigan businesses.
Announcement coming tomorrow, SBA says; few details released so far.
Patriot Express loans totaling more than $633 million have gone to more than 7,650 veterans starting or expanding small businesses since 2007.
To say the battle to increase the member business lending cap has been an arduous one for the credit union industry would be an understatement.
Micro business loans under $100,000 were down 2.9% during the first quarter, according to the U.S. Small Business Administration.