RSS Feed
TwitterAccreditation is critical for the SBDC to secure continued funding from the U.S. Small Business Administration (U.S. SBA), and is also essential for the national SBDC program to be recognized as a high quality economic development organization. On May 31, 2010, the Florida Small Business Development Center Network (FSBDC Network) was notified that the statewide network has received full accreditation by the national accrediting agency—the Association of Small Business Development Centers (ASBDC).
Archive for the ‘SBA’ Category
Florida Small Business Development Center Network Receives National Accreditation
July 9th, 2010 
admin 
Posted in 
Florida Oil Spill:SBA Economic Injury Disaster Loan Program Activated
May 17th, 2010 admin SBA Economic Injury Disaster Loan Program Activated In response to the Deepwater BP Oil Spill, the SBA has authorized the activation of the Economic Injury Disaster Loans (EIDL) program for the counties included in the attached SBA Press Release. The SBA is setting up an office in Pensacola at the SBDC at UWF Center located at 401 E Chase St, Ste 100 beginning on Tuesday, May 18.
SBA loan fees returning
February 22nd, 2010 admin Thanks to Florida First Capital Finance Corporation for this update that indicates the funds for eliminating soft costs for SBA 7a and 504 loans are exhausted so we are returning to the pre-ARRA regulations unless the Obama jobs bill is passed. The bill includes a provision to eliminate loan fees through September 2010. Read on… The Small Business Administration (SBA) has announced plans to simultaneously wind down the temporary enhancements for the 504 and 7(a) programs and bring both programs back to pre American Recovery and Reinvestment Act (ARRA) terms.
SBDC’s get their funding…
January 26th, 2010 admin The Small Business Administration will provide more assistance and capital to small businesses. The FY 2010 Appropriations Bill shows the SBA will receive $824 million which is $212 million above 2009 and $45 million above the request. Highlights include:· Overall Lending: Supports $28 billion in new lending to small businesses· Microlending: $25 million in new microlending. $22 million in related assistance · SBDCs: $113 million ($3 million above 2009, $16 million above the request) See the appropriations summary here
Small Business Lending Making a Comeback?
January 5th, 2010 admin It appears that the SBA is showing an increase in the number of government backed loans. In the last quarter of 2009, the SBA backed over 12,000 7a loans as compared to the same quarter in 2008 where the total was only 9,000.While encouraging, the last quarters numbers are quite a bit lower than the 20,000 loans guaranteed for the same period of 2007. Lets hope the upward trend continues.
Small Business Link of the Week: SBA Online Learning
July 2nd, 2009 admin The SBA has a series of free online small business training sessions you can take at your convenience. Available courses include Starting a Business, Surviving in a Down Economy, Business Management and Financing and Accounting. You can learn about the specific courses by clicking, “About these Courses.” In general, the courses are all self-paced and should take about 30 minutes to complete. Most of the courses require a brief online registration.
Small Business: Summer Checkup for Profitability
June 27th, 2009 admin Sound advice from Joyce M. Rosenberg in this recent Associated Press article. Many of our clients are assessing their financial situation and taking a mid-year look at the bottom line. But what about networking? That is worth some analysis as well. We advise clients to reach out to current and former clients. Recently a business owner we are working with visited a customer just to thank him for their business. The result?
ARC Loans: Not Everyone Will Get One..
June 24th, 2009 admin Mark Deo writes in this Reuters piece (with a nod to Entrepreneur.com) about the hesitancy of banks to play in the SBA’s ARC loan arena. We have a number of ARC loans going in for approval and if our clients do indeed receive funding to pay down debt, it may well be the difference between sustainability and failure.Will Anyone Be Saved by the SBA’s New ARC?On June 15, banks began taking applications for the America’s Recovery Capital loan program.
