Small businesses will soon have a new weapon in their arsenal – a free, online training curriculum for new and aspiring business owners. Sponsored by the Federal Deposit Insurance Corp. and the U.S. Small Business Administration, the program is known as “Money Smart for Small Business.” The training curriculum provides an introduction to day-to-day business [...] [...]
Colorado credit unions are hoping that the U.S. Senate will vote this week on a proposal to lift caps on small business loans, which would free up as much as $260 million. [...]
Before you start to feel like you have forgotten something big — something you were supposed to by April 15, remember that tax filings are not due this year until April 17. Usually, the big tax day, and rush to get them in, is April 15. But, this year, the extra time was granted because [...] [...]
Some businesses in Colorado are getting more loans than in recent years under a new Small Business Lending Fund. The U.S. Department of the Treasury released a report this week showing that Colorado banks have increased their small business lending by $79.4 million since receiving capital through the fund. The SBLF was established as part [...] [...]
Colorado bankers have launched a campaign that attempts to reverse their image as the tight-fisted scrooge holding up the progress of small business. [...]
Colorado will use the $51.17 million it received under the recent multi-state settlement with the country’s five largest banks to pay for homeowner relief and foreclosure-prevention efforts throughout the state. “These funds will help keep Coloradans in their homes and prevent future foreclosures,” Attorney General John Suthers said in a statement. “In cooperation with the [...] [...]
Sturm Financial Group is consolidating two of its banking groups, folding Premier Bank under the ANB Bank name. Premier Bank in Kansas and Missouri has been a longtime member of Sturm Financial Group Inc., an independent bank holding company located in Denver. The parent company also owns ANB Bank. “We are consolidating our two banking [...] [...]
Wells Fargo & Co. gave nearly $3.7 million to 1,100 nonprofits in Colorado in 2011. It adds up to about $10,000 a day in giving to nonprofit organizations across the state, including organizations like The National Sports Center for the Disabled and the Anti-Defamation League’s “No Place for Hate,” Wells Fargo officials announced this week. [...] [...]
More than half of Coloradans are expected to receive a tax refund of about $500 from the state. Last year, 70 percent of individual taxpayers received a tax refund from the state of Colorado and the average state personal income tax refund was $535. So far this filing season, the average refund is about the [...] [...]
Seven Colorado banks and credit unions have signed up to participate in the Small Business Administration’s Export Express loan guaranty program. It means more access to capital for small businesses interested in beginning or expanding their export services. Seven private lenders, covering most counties in Colorado, have signed agreements to participate in the program. SBA [...] [...]
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