Rachel Witkowski writes in the Jacksonville Business Journal this week that not all banks are jumping on the ARC loan bandwagon. We are seeing a lot of activity and have been providing technical asssistance to applicants daily. Check the UNF Small Business Blog often for program updates. Most bankers have either turned down or tiptoed […]

Filed under: Arc Loans, ARRA, Jacksonville Business Journal, Rachel Witkowski, Ralph Ross, Regions Bank, Small Business Administration, Small Business Blog, Small Business Loans, Suntrust Bank, Wachovia Bank by Small Business Resource Center Tuesday, June 30th, 2009
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Raymund Flandez of the Wall Street Journal continues to keep us informed on program changes in SBA financing. The SBA 504 program has recently been changed to allow for refinancing. SBA 504 is a popular fixed asset financing program that is guaranteed and requires a smaller cash injecture from the borrower than normal. Contact the […]

Filed under: ARRA, Coleman Publishing, Karen G. Mills, Raymund Flandez, SBA 504, Small Business Blog, Small Business Loans, UNF SBDC, Wall Street Journal by Small Business Resource Center Thursday, June 25th, 2009
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The SBA’s ARC Loan program started June 15th. As of today it is known that Wachovia Bank, Regions Bank, and BB&T are participating. It is thought that Suntrust and Banco Popular may also be a participating bank but this is not confirmed. Contact the bank directly to get a loan application. Contact your own bank […]

Filed under: Arc Loans, ARRA, Banco Popular, BBandT, Regions Bank, SBA, Small Business Blog, Small Business Loans, Suntrust Bank, UNF SBDC, Wachovia Bank by Small Business Resource Center Thursday, June 18th, 2009
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Florida First Capital Finance Corporation (FFCFC) posted this release today as sent by the SBA. The winds of capital access are blowing better. Small Business Lending Beginning to See Upswing It’s finally happening. Efforts to get money to capital-strapped small businesses are beginning to work as banks have returned to making loans backed by the […]

Filed under: ARRA, FFCFC, Florida First Capital Finance Corporation, Jacksonville, SBA, Todd Kocourek, Unfsbdc Blog by Small Business Resource Center Thursday, May 21st, 2009
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We are hoping that there is relief in sight so that our clients at the UNF SBDC  have better access to loans. The U.S. Small Business Administration is the smallest Federal agency in our government and this may well be a part of the problem. Another issue may be that the SBA’s team surrounding Administrator […]

Filed under: 7a, ARRA, Atlanta Business Chronicle, Karen G. Mills, SBA, SBA 504, Stimulus, UNF SBDC by Small Business Resource Center Monday, April 27th, 2009
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Sara K. Clarke, Sentinel Staff Writer tells us about a fourm between small busineses, SBA loan counselors and banks held Wednesday in Orlando. The lending situation is no better here in Northeast Florida. SBA help not getting through to businesses The parts of the federal government’s stimulus program aimed at small-business owners aren’t working as they […]

Filed under: American Recovery and Reinvestment Act, ARRA, Disney Entrepreneur Center, SBA, SBA North Florida District Office, SCORE, Small Business Development Center at the University of North Florida by Small Business Resource Center Friday, April 24th, 2009
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At the Small Business Development Center, we have been getting a lot of inquiries about free money for people who want to start a business or are in small business debt. Take our word for it, there are no small business grants (and there never have been). There is a pervasive rumor being spread nation-wide […]

Filed under: ARRA, Grants, Lesko, National Grants, SBA, Small Business Administration, Small Business Development Center at the University of North Florida, Stimulus by Small Business Resource Center Saturday, March 28th, 2009
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