For weeks, I have been following the presidential elections to be held in Bulgaria with a lot of interest, especially the first woman presidential candidate Mrs. Meglena Kuneva.
If your business is looking for venture capital money, you might have a hard time raising capital in today’s environment. It has become more and more difficult to convince venture investors to put money to work. There are not a lot of investors out there willing to commit; and those who have the means to invest have probably 100 great deals piled on their desk.
Surrounded by 35 miles of white sandy beaches, embraced by the gulf coast breeze, 290 sunny days and cloudless blues skies, Sarasota is one of America’s most desired business locations. Our turquoise waters and average year-round temperatureof 71°Fare one of the many reasons why Sarasota was named ‘best small city’.
US’ SBA (Small Business Administration) does not lend capital directly to small business owners, but provides a guarantee for loans made by banks. If you are SBA approved, the SBA guarantees that a certain percentage (%) of your loan will be repaid, thus eliminating risk for the lender. However, despite applying for government secured loans, small business owners still have a hard time access capital. Why? How much of a guarantee can SBA provide your business?
Helping kids get education is on of the many successful lending projects directed by EDIF. This December the non-profit organization assisted funding a tutoring program in upstate New York. Iglesia Education Centers just opened two additional learning centers, creating 40 new teachers positions and a space for more then 300 kids to advance their education.
Although US’ Small Business Administration (SBA) just launched a new modern website, the shear volume of links and information crammed into few pages seem overwhelming. ‘SBA's New Website Not Yet Worth a Click’ jokes Jerry Chautin in the title of his article in Herald-Tribune.com today.
The affiliation between lending institutions and small firms is very important to US economic recovery. Small businesses account for about half of the private-sector economy. Access to credit enables US entrepreneurs to bring dynamic ideas, innovative services and new products to the market. Over the past year, the Federal Reserve has been urging financial institutions to lend to creditworthy small firms. The central bank hosted several roundtable events on the subject to gather information and promote small business lending.
This blog is linked to The Economic Development Investment Fund (EDIF), an independent non-profit organization established to help business owners access to capital. The organization assist US firms expand, increase sales and improve operations.
I would love to share with you some insides on US economy and ways of receiving capital for any of your projects. Should you wish to get in touch directly with the organization, please contact us at info@edif.us (www.edif.us)
