small business loans Archives

Small businesses get loans in record numbers

Prepare loan package, secure loan

A common complaint since the financial crisis began was that some of the Wall Street banks that were being bailed out by the federal government weren’t doing enough to help the mom-and-pop shops on Main Street. “In 2008 when the recession hit, the impact on small business lending was pretty catastrophic,” said Greg Lehmann, managing… Read More →

3 Reasons the Bank Says No


If your application for a small business loan has been denied, you are not alone. In fact, only about 10 percent of the small business borrowers who apply at the bank leave with a loan. Although the bank may give you a song and dance about why you were denied, it usually boils down to… Read More →

Credit Unions Could Be A Big Boost To Small Business

Credit Unions Big Boose to Small Business - AZ Business Magazine September/October 2011
by in AZ Business Magazine | Finance

Every week while driving to work I notice an increasing number of empty store fronts. A local restaurant, boutique or consulting firm that was there last week, is no longer there today. It makes me wonder how many of those local small businesses could have survived had they applied and been approved for a small… Read More →

Top 5 Reasons to Buy Commercial Real Estate Now

Top 5 Reasons To Buy Commercial Real Estate Now - AZNOW.BIZ
by in Real Estate

1.      Commercial lending is the best it’s been in decades Don’t believe what you hear when it comes to commercial loans not being available; they are plentiful and at the lowest interest rates I’ve ever seen on commercial property. Small Business Administration (SBA) loans were once known as long and painful and about as much… 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 →