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The Small Business Credit Crunch May Be at a Turning Point
Tuesday, August 25,2009 04:54 AM
Is the credit crunch for small businesses approaching an end? There's a hopeful sign in the survey of senior loan officers out from the Fed today: One of the 55 banks survey reported that it had eased credit standards for lending to small firms (und......
 
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Microlending is Now Serving US Small Businesses
Thursday, August 20,2009 03:07 AM
The small-business credit clampdown, caused by poor risk control among the largest U.S. banks, has sparked an awareness of the decades-old practice of microlending. Though microlending flourishes in developing countries, those types of loans have b......
 
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Credit Stocks Rise on Falling Delinquencies
Tuesday, July 21,2009 04:24 AM
The stock market rallied last week on upbeat earnings in the financial and tech sectors. Credit card issuers were among the stars of the party. They grabbed center stage on reported declines in their delinquency rates for June. Delinquencies -- l......
 
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Entrepreneurs Remain Optimistic Despite Recession
Tuesday, July 14,2009 09:54 PM
Starting a new venture has never been easy, but the current economic climate presents some special challenges and, perhaps, some unique opportunities. Astrophysicist Bryan Laubscher is passionate about something called the space elevator. It's no......
 
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Sick and Getting Sicker - Small Business and Health Care
Tuesday, July 14,2009 04:50 AM
For entrepreneurs trying to start or run a business, the obstacles are huge. But few loom as large as one: health care. For years, small businesses have griped about the burden of rising health-care costs and warned that the situation was near a cr......
 
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Small Business Owners Upset Over Credit Card Fees
Thursday, July 09,2009 05:25 AM
Consumers aren't the only ones who are pressing Congress and the President for changes in the credit card industry. Now retailers are trying to add the interchange fee to the list of controversial credit card practices, because they say it's too......
 
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Small Businesses and Entrepreneurs Win Tax Case Versus IR
Wednesday, July 08,2009 10:45 PM
The IRS lost a key battle in its long-running fight to limit tax deductions that can be taken by investors in small businesses in a case that could have wide implications for entrepreneurs.The Tax Court decision would allow investors in certain kin......
 
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Credit card firms get squirrely ahead of new federal rules
Wednesday, July 08,2009 04:43 AM
Banks are quietly changing the terms of millions of credit card accounts as they brace for a tough new law that will limit rate hikes.The law would restrict interest rate increases unless a credit card has a variable rate. So at least two major le......
 
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Industry Takes Aim at Plan to Create Financial Protection Agency
Tuesday, July 07,2009 04:55 AM
Business and trade-group lobbyists are beating a path to Capitol Hill this week for the first major battle over the Obama administration's efforts to overhaul the financial regulatory system. A coalition of business representatives, who are......
 
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Advanta enters two agreements with FDIC
Thursday, July 02,2009 05:47 AM
Advanta Corp, a small-business credit card lender that recently shut 1 million accounts, has entered two agreements with the U.S. Federal Deposit Insurance Corp, including one involving alleged 'unsafe or unsound' practices that requires it to r......
 
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