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Some small business owners say they are having an easier time getting credit now than in recent years. The result of having credit has helped them stay open, hire more people and expand services, according to a Wells Fargo-Gallup Small Business Index survey released this week. Since January, the number of small business owners who… Continue Reading Small businesses feel better about access to credit

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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… Continue Reading SBA, FDIC team up for new small biz training course

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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. Continue Reading Credit unions hoping for Senate vote on small business lending

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Small businesses aided by new lending fund

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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… Continue Reading Small businesses aided by new lending fund

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A new public-private partnership will allow small businesses access to more than $300 billion in supply chain spending. The partnership involves 15 of the United State’s largest corporations and the U.S. Small Business Administration, according to a press release about the new collaboration. Called the Supplier Connection, the effort was created by the IBM Foundation… Continue Reading Public-private partnership offers small biz opportunity

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Banks launch effort to reverse image

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Colorado bankers have launched a campaign that attempts to reverse their image as the tight-fisted scrooge holding up the progress of small business. Continue Reading Banks launch effort to reverse image

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Small disadvantaged businesses can get some face-to-face time with federal contractors and other small businesses who have been successful in landing government contracts in a series of matchmaking meetings hosted by the U.S. Small Business Administration. The free Mentor-Protégé Matchmaking Conference series is set for Denver on April 11. The program gives small disadvantaged businesses… Continue Reading Small businesses get some matchmaking help on landing government contracts

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Blue Star Recyclers seeks donors for move

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Blue Star Recyclers, a nonprofit organization that focuses on recycling electronic waste and providing jobs to developmentally disabled adults, is looking for a new building — and the money to move into it. Continue Reading Blue Star Recyclers seeks donors for move

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Middle market businesses could win big this year in the game of mergers and acquisitions as companies with deep pockets come out of stalemate and make a move to buy innovative firms. Private equity firms have $1 billion they’ve been sitting on for the last three years and are now looking for middle market investments… Continue Reading Business transitions: Navigating your way through a business sale

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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… Continue Reading SBA creates express loan program for exporters

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