SmallBusinessNewz

NFIB: Small Biz Demand For Credit Down In 2010

Another report on the credit conditions facing small business owners is in, and the news is mixed.  The National Federation of Independent Business believes there were both fewer unmet credit requests in 2010 versus 2009, and an increase in the number of discouraged borrowers who had given up trying.

Office Depot Offers Businesses Interest Free Credit Cards

Office Depot said today to mark its 25 years as provider of office supplies and services it is introducing a new “No Interest For Six Months” financing offer to its new and existing credit card holders.

FDIC Launches Credit Website For Small Businesses

The Federal Deposit Insurance Corporation (FDIC) held a forum Thursday on small lending to explore ways in which credit can be made more accessible to the small business sector.

Small Business Confidence Dips Slightly In June

Small business owners' economic confidence leveled off in June, stopping a two-month rise, according to the Discover Small Business Watch.

Small Business Optimism Up Slightly In May

The National Federation of Independent Business Index of Small Business Optimism gained 1.6 points in May with a reading of 92.2.Although not a strong sign of recovery, it's going in the right direction. It is the best reading since September 2008's 92.9 index that happened just before the five-point decline in October that started the deterioration in the fourth quarter of 2008. In May, seven of the 10 index categories rose, but job creation and capital expenditure plans barely made gains.

NFIB Sums Up Small Biz Access To Credit In 2009

As you've surely noticed, we're well into 2010 by now; indeed, the year's about 15 percent over.  Still, another report concerning 2009 has surfaced, and said report seems worth covering, as it documents small businesses' access to credit.

Small Businesses Paying Debt Quicker to Help Credit Ratings

Business credit bureau Cortera has shared some interesting findings from its November 2009 Small Business Index (SBI) report. The report is a monthly index of accounts receivable (A/R) activities covering businesses with less than 500 employees (the SBA's definition of a small business).

NFIB Contacts Congress With Credit Recommendations

Small business owners who are still having trouble getting loans may be happy to hear that the National Federation of Independent Business is doing its best to help.  This week, the NFIB sent a position paper on the issue to members of Congress and the president's administration.

Business Credit-Building Pointers

Good credit is like a financial superpower.  It allows businesses and individuals to get higher limits, lower interest rates, and loans, among other things.  So even as you're juggling a dozen other priorities, don't forget about building your business credit.

Part 2: Small Businesses Can Survive

We're picking up today where we left off with the rest of Doug Palmer's financial tips for small business survival. Has your business reached a standstill in terms of growth? If so, application of these management areas could be just the boost it needs.