entrepreneurs

Business loans aimed at boosting Native American entrepreneurs
smallbusinesscreditnews.com

The Indian Business Loan fund has been used only 16 times in the past decade, according to the Department of Employment and Economic Development, which administers the program. Jon Otto, a White Earth tribal member who chairs the state’s American …

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Loan program targets American Indian entrepreneurs
smallbusinesscreditnews.com

Hanson started The Marvelous Fish House and Market in Bemidji with a $177,000 loan from the Minnesota Indian Business Loan Program, which provides up to 75 percent of business startup costs. It’s believed to be the first American Indian-owned …

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Udall-Paul Legislation Spreads Freedom for Credit Unions and Entrepreneurs
smallbusinesscreditnews.com

Small business and startups pursue many diverse sources of funding. As traditional sources have dried up, many credit unions have stepped up to fill the void. As Rohit Arora, CEO of the Biz2Credit small business loan arranging service, recently …

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Too little credit or too few entrepreneurs?
smallbusinesscreditnews.com

Predictably, it found that credit constraints are a big and growing problem for companies. The failings of the banking system … Together these schemes are likely to be more important as a source of corporate financing than non-bank private sector …

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The Real Reason Women Entrepreneurs Aren’t Getting Loans
smallbusinesscreditnews.com

When I first saw Biz2Credit’s analysis of 14,000 of its recent applications, I was taken aback by one its findings: women business owners were 15% to 20% less likely to receive approval on a small business loan application. Women-owned companies, which …

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Greenville non-profit offering new loan program for Upstate entrepreneurs
smallbusinesscreditnews.com

A new program in Greenville will help small businesses and entrepreneurs in the Upstate access capital. Appalachian Development Corporation, a Greenville-based economic development non-profit, has become the first in the state to qualify as a lender …

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Challenges for Female Entrepreneurs Seeking Small Business Loans
smallbusinesscreditnews.com

After I wrote my first column about the challenges of women business owners in securing financing, I received a lot of feedback and questions on the topic. I decided to examine the issue more closely by analyzing 14,000 loan applications from all …

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