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SBA loans through local banks offer flexibility

Loans from the Small Business Administration enable business owners to have more money to inject into their businesses. That’s because the SBA requires less money as a down payment. SBA loans can be easy to obtain, said a lender who’s spent decades helping small businesses obtain financing.  While one local SBA lender reports his SBA… Continue Reading SBA loans through local banks offer flexibility

SBA offers webinars to help with 8(a) program

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SBA offers webinars to help with 8(a) program

The U.S. Small Business Administration will present a free two-part webinar covering the SBA’s 8(a) business development program. The SBA’s 8(a) program was created to help small businesses considered to be socially and economically disadvantaged grow their business through counseling, training, workshops, management advice and technical guidance. The nine-year-old program also provides these businesses with… Continue Reading SBA offers webinars to help with 8(a) program

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SBA heralds Veterans Small Business Week

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From Monday to Nov. 11, the  U.S. Small Business Administration hosts Veterans Small Business Week, an initiative to reach out to veteran entrepreneurs and small business owners. Veterans Small Business Week is part of SBA’s work to ensure the nation’s veterans have the tools and capital they need to start or grow a business. “Our nation… Continue Reading SBA heralds Veterans Small Business Week

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Women-owned small businesses will have greater access to federal contracting opportunities as a result of changes included in the National Defense Authorization Act of 2013. Changes were made to the U.S. Small Business Administration’s Women-Owned Small Business Federal Contract Program, which include removing the anticipated award price of the contract thresholds for women-owned small businesses… Continue Reading Women-owned businesses gain more access to federal contracts

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Small businesses eligible for SBA drought loans

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Small, nonfarm businesses in 43 Colorado counties, including El Paso and Teller counties, are eligible to apply for low-interest federal disaster loans from the U. S. Small Business Administration. “These loans offset economic losses because of reduced revenues caused by the drought that began on Nov. 1, 2012, in the following primary counties,” said Alfred E. Judd, director… Continue Reading Small businesses eligible for SBA drought loans

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Central Bank earns top status with SBA

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When the numbers rolled in for 2012 about Small Business Administration-backed loans in El Paso County, no one at Central Bank & Trust was surprised that their bank ranked in the top echelon. The bank approved $11.3 million in SBA 7a loans — the most in dollar amount for the county in fiscal year 2012.… Continue Reading Central Bank earns top status with SBA

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A new online portal has been launched by the U.S. Small Business Administration to accept nominations for its 2013 National Small Business Week Awards, including the annual Small Business Person of the Year award. The dedicated web portal will make it easier to submit and track submissions of nominees for Small Business Week 2013, and… Continue Reading SBA launches online portal for small-business award nominations

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Colorado will receive $329,517 in federal funding to help the state’s small businesses export goods and services. The grant is part of the U.S. Small Business Administration’s State Trade and Export Promotion program. The Colorado STEP program, administered by the Colorado Office of Economic Development and International Trade, supports small businesses with export development efforts… Continue Reading Colorado receives federal funds to promote export efforts

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Baby boomers are interested in starting their own businesses –  and SBA and AARP want to help. The U.S. Small Business Administration and the American Association of Retired Persons is hosting a joint event to help entrepreneurs and potential entrepreneurs who are age 50 and older. Gary Rasmussen, a franchisor who turned his life around… Continue Reading SBA and AARP host workshop for entreprenurial boomers

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Low-interest federal disaster loans are available to Colorado residents and business owners affected by this summer’s wildfires, flooding and mudslides. The U.S. Small Business Administration will assist residents primarily in El Paso and Larimer counties affected by summer wildfires. but also will assist those in the neighboring Colorado counties of Boulder, Crowley, Douglas, Elbert, Fremont,… Continue Reading SBA offers disaster assistance to fire-affected residents and businesses

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