The Obama administration yesterday unveiled a series of measures to help the nation’s small businesses, saying it would spend up to $15 billion to help them get the loans they need to weather the economic crisis.
“Small businesses are the heart of the American economy,” Obama said in announcing the measures. “They’re responsible for half of [...]
Micro-loans may be the answer. These loans are typically between $5,000-$30,000 and are usually backed by small private firms or even a group of ordinary investors.
They are rapidly becoming more and more popular as banks have tightened their lending habits due to the tanking economy. If you can show that your business has the potential [...]
Small businesses are the single most powerful financial force in the U.S. economy. Accounting for 52 percent of all U.S. workers, they are indispensable contributors to the health of the various economical sub-systems that dictate healthy currency and trade.
The onset of the internet has been a boon to businesses of all sizes and industries. The [...]
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