The smallest of the small businesses–those that employ between one and five people, and currently are getting health insurance through the Small Business Service Bureau–will soon be saving a little money on their employees’ health insurance.
The Boston Globe reports that the Health Connector will be taking over administration of the program from the Small Business [...]
SBA-guaranteed lending was significantly higher in the last quarter of 2009 when compared to the last quarter of 2008. As reported by the L.A. Times:
“A total of $3.8 billion in 12,393 SBA-backed loans was distributed throughout the U.S. from Oct. 1 to Dec. 31 of last year, up from $1.9 billion by way of 9,070 [...]
Good article in BusinessWeek about a “new” federal program (approved as part of last February’s stimulus package, but not yet active) designed to encourage small business lending.
The Small Business Administration will, for the first time, provide guarantees for 504 loans sold into the secondary market. It’s common practice for lending banks to bundle groups of [...]