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Prior to Monitis, he served as General Manager and Director of Development at prominent web portal Lycos Europe, where he grew the Lycos Armenia group from 30 people to over 200, making it the company's largest development center.
Signs of Life in Small-Business Funding | Equipment Engine
. “But it’s actually a pretty good time to go out and get a business loan.” Legislation, stimulus money and a recovering economy are all contributing to a better commercial lending landscape, he says.
When it was signed into law, the Small Business Jobs Act of 2010 established a $30 billion fund that encourages lending to small businesses by providing capital to qualified community banks with assets of less than $10 billion. The Small services firm JPMorgan Chase announced in April that it would loan $12 billion to American small businesses in 2011, a 20 percent increase over its 2010 commitment. During the first quarter of 2011, Chase increased its lending 64 percent to businesses with annual sales of less than $20 million.
State and regional economic development agencies have also beefed up specialty lending programs, often focused on economically challenged communities or targeted toward specific sectors, author Strauss says. While it’s designed as a tool for real estate site selection professionals, Strauss recommends ecodevdirectory.com as a useful tool for small businesses seeking state or regional loans, since it provides links to a wide variety of economic development agencies nationwide.
EquipmentEngine, LLC is a full-service Asset Management Solutions company founded in early 2010 to simplify the business of managing a nationwide repossession and remarketing effort. Our goal, albeit bold, has been very straightforward from the very beginning: become the most effective platform for financial institutions and equipment finance companies to retain income during the debt workout process.Small Business Resource Center Jpg - Bookshelf
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Nonprofit society that provides information on starting a new business, expanding an existing business, or entering new markets including online resources, workshops, and seminars.
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