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$2 million to aid statewide small-business loan program
smallbusinesscreditnews.com

The Nevada Microenterprise Initiative in partnership with its parent nonprofit lender the Valley Economic Development Center Inc. have added $2 million to support their small-business loan program statewide. Both NMI and VEDC will use the investment to …

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GE Capital is Administrative Agent on $250 Million Senior Secured Credit …
smallbusinesscreditnews.com

BUSINESS WIRE)–GE Capital, Corporate Finance today announced it is serving as administrative agent on a $250 million senior secured credit facility for Neenah Enterprises, Inc., a leading iron castings manufacturer. The loan is being used to refinance …

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SBA Approves Over $700 Million In Disaster Loans; Still Time To Apply
smallbusinesscreditnews.com

SBA’s disaster business loans not only provide funds for repairing and replacing business assets such as inventory, machinery, equipment, leasehold improvements and structural damage but can include funds for elevation and other protective improvements.

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BancorpSouth creates $500 million loan pool
smallbusinesscreditnews.com

Tupelo-based BancorpSouth Inc. announced the creation of Grow Mississippi, a half-billion-dollar loan pool to target businesses hoping to locate or expand in the Magnolia State. Grow Mississippi is a public-private partnership. Officials with …

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Business Credit Card Credit Scores
smallbusinesscreditnews.com

Credit Scores: Why Business Cards Impact Your Credit Score Less Than Personal Cards.

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