Small Business Administration Archives

Wells Fargo No. 1 SBA lender for small businesses


Wells Fargo & Company, America’s No. 1 small business lender, has announced it is the No. 1 Small Business Administration (SBA) 7 (a) lender in Arizona in dollars and number of loans  approved for fiscal year 2015.  Wells Fargo approved 281 loans totaling $92,778,700 to Arizona businesses from Oct. 1, 2014 and Sept. 30, 2015.… Read More →

Are women business owners the future of incubators?  Rancz Andrei

In the last five years, billions of dollars have been invested in entrepreneurial programs, incubators and business resources across the country to spur economic growth. “It should come as no surprise then as the entrepreneurship wave slows, people are now questioning their return on investment,” says Kristin Slice, owner of Empowered Lab Communications and founder… Read More →

Wells Fargo No. 1 SBA lender for Arizona

A Guide to Applying for a Bank Loan

Wells Fargo & Company announced it is the No. 1 Small Business Administration (SBA) 7 (a) lender in Arizona in amount of dollars and number of loans  approved for fiscal year 2014.  Wells Fargo approved $89,034,400 and 197 loans to Arizona businesses from Oct. 1, 2013 and Sept. 30, 2014. “Working with small business owners… Read More →

Wells Fargo Arizona No. 1 SBA lender in dollars

5 C's of Credit

Wells Fargo & Company (NYSE: WFC), America’s No. 1 small business lender, today announced it is the No. 1 Small Business Administration (SBA) 7 (a) lender in Arizona in amount of dollars for the seventh consecutive year and tied for #1 in terms of number of loans  approved.  Wells Fargo approved $75 million dollars and… Read More →

Vickie Wessel – 50 Most Influential Women in Arizona Business

Vickie Wessel

Vickie Wessel – Owner, Spirit Electronics Wessel founded Spirit in 1979 and her innovative leadership has helped Spirit receive Raytheon’s coveted 3-Star Supplier Excellence Award for four consecutive years of, Boeing’s Performance Excellence Award, Distributor of the Year by Arizona’s Minority Business Development Agency, Distributor of the Year by the Grand Canyon Minority Supplier Development… Read More →

Initiative Helps Veteran-Owned Small Businesses

wells fargo - home for veteran
by in Featured | Small Biz

Veterans who own small businesses in Arizona can save up to $3,000 by tapping into a new loan program called VetLoan Advantage. The program, offered by CDC Small Business Finance, features rebates and fee waivers associated with SBA-504 loans (for commercial real estate purchases) and Community Advantage loans for working capital, equipment purchases and other… Read More →

NAU Introduces Personalized Learning


Ushering in a new chapter in 21st century higher education, Northern Arizona University (NAU) announced the launch of its Personalized Learning program, offering accredited, competency-based online bachelor’s degrees for just $5,000 a year. Initial degrees include Computer Information Technology, Liberal Arts and Small Business Administration. Students can begin the application process at “Personalized Learning… Read More →

Phoenix Public Market boosts micro-businesses

Klocke Dan dpp 6-14-05

Micro businesses may be small, but they pack a big punch. Though defined as businesses with less than five employees, reports that micro firms “represent a staggering 99.7percent of all the employer firms in the country.”  That means more than half of all private-sector employees work for micro firms which pay “44 percent of… Read More →

With CRE Financing Up 26% in 2012, Rigid Industries Uses Funds for Expansion, Growth

Rigid Industries

  Financing of commercial real estate purchases using SBA loans in Arizona was up 26% in calendar 2012 compared to 2011, according to CDC Small Business Finance, a local leader in SBA lending. For calendar 2012, $176M in financing was approved with 137 SBA-504 loans to help small businesses purchase commercial/industrial buildings. In 2011, $139M… Read More →

National Bank of Arizona Hires New Business Banking Manager

by in Business News | Economy | Finance | Small Biz

National Bank of Arizona (NB|AZ) announced the hire of new business banking manager, Ward Hickey. Hickey has more than 25 years of experience in the Arizona banking industry, specializing in entrepreneurship, business development and small business administration (SBA) lending. “I am thrilled to join the NB|AZ team,” Hickey said. “I’m looking forward to expanding the… Read More →

Valley Franchise Owners Use SBA-504 Refinance Program To Help Reinvest In Businesses

Lisa Alberti - SBA-504 Loan Program

Robert and Mary Perez take advantage of SBA-504 refinance program. At a time when jobs are hard to come by and many small businesses are cutting back, Robert and Mary Perez are growing their Metro Phoenix businesses and reinvesting in their biggest asset – their employees. The Perez’s own and operate six Wendy’s franchises and… Read More →

Arizona Business Financing on the Rise

Arizona Business Financing

Arizona Business Financing: Even as the economic recovery seems stuck in neutral, Arizona business financing is increasing for both large and small firms. “At Arizona Business Bank, we have noticed a resurgent, but cautious, interest from commercial clients in fortifying their working capital lines of credit and discussing owner-occupied real estate plans,” said Toby Day,… Read More →

Big Money, Tight Times-SBA Loans Can Help

Big money tight times 2008

By Don Weiner It may be true that numbers don’t lie, but they don’t always tell the whole story. When the 2008 fiscal third quarter ended June 30, statewide Small Business Administration-guaranteed lending showed a 25 percent decline from 2007 in both total loans and dollars lent, according to the Arizona District Office. In fact,… Read More →

Credit Unions Face The Future & Ride Out The Current Economic Storm


Beginning in November, credit unions across the nation will launch a celebration marking 100 years of their not-for-profit, cooperatively owned financial institutions operating in the United States. What may be surprising for some about that 100-year mark is a realization that credit unions have just lately — maybe within the past 20 years or so… Read More →