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Idaho Congressman has plan to help small banks

Idaho Congressman has plan to help small banks

Idaho Congressman Walt Minnick’s plan intended to help small banks making loans for commercial real estate “This will stabilize their balance sheets so they can both survive and again begin lending to the builders, developers, and small businesses who will create the new jobs required for our economy to recover,” Minnick said at the beginning...
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Double dip in commercial real estate predicted as early as September

Double dip in commercial real estate predicted as early as September

U.S. commercial real estate purchases may slump later this year as prices rise and lenders require buyers to put more cash into deals, said Inland Real Estate Group Inc. Vice Chairman Joe Cosenza. A “double-dip” in the commercial real estate market may come as soon...
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Business loans at zero interest available to Minnesota vets

Business loans at zero interest available to Minnesota vets

An expanded and renamed state program is offering interest-free loans of up to $20,000 to recently retired military service members who want to start businesses and to established small businesses that suffered due to the loss of essential employees called to military service, said...
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Sacramento office space vacancies are up

Sacramento office space vacancies are up

A report issued by commercial real estate firm states that Sacramento’s vacancy rate for office space is sitting at just above 20 percent, having fallen 0.4 percentage points since...
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Small business owners successful getting business credit cards

Small business owners successful getting business credit cards

While small businesses may have a tough time getting a SBA-backed loan, the Federal Reserve is reporting that small businesses are not having problems getting credit cards. The report...
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Sam’s Club small business loans available from $5,000 to $25,000

Sam’s Club small business loans available from $5,000 to $25,000

Sam’s Club, a membership-only discount warehouse club, is now offering business loans to their small business members. Over half of Sam’s Club’s members are small businesses including convenience stores,...
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