Fed says: One-Third of all small business loans are SBA-guaranteed

colemanreportbannerlogo082013-2Today, Bob Coleman reports on the “2014 Joint Small Business Credit Survey“, a study compiled by the Federal Reserve Banks of New York, Atlanta, Cleveland and Philadelphia, that reveals that one in three small businesses that received credit in the first half of 2014 came in the form of a SBA loan.

One-in-three.

Wow.

Read more news about SBA lending at the Coleman Report.

~ To find out whether your small business qualifies for an SBA loan, please contact BusinessUS using our contact page, or send an email to Norris Lozano, our CEO,

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“8,000 small business loans are declined every day by banks”

Time well spent: Have a look and listen to this impactful talk2014_10_28_Screen_Cap_video_Connie_Evans with Connie Evans, President & CEO, Association for Enterprise Opportunity in Washington DC, hosted by Bob Coleman of the Coleman Report.

Ms. Evans gives an impressive array of facts about the benefits of micro-lending (loans of up to $50,000) and micro-capital (up to $250,000) to small businesses of up to 5 employees.

Among others, she says that such businesses are declined for loans by banks at a rate of 8,000 declines per day.

8,000. Declines. Per. Day.

The opportunity to serve these underserved small business borrowers is profound.

~ Norris Lozano, CEO, BusinessUS, a California-based small business lender

Coleman weighs in on the downturn in lending to black business owners

colemanreportbannerlogo082013-2Nice clean summary of the Wall Street Journal article here.

If you recall, we wrote about this trend 6 months ago here.

At that time, I stated the following: “Where there are concerns across the industry about particular markets that are underserved by banks, we see a real opportunity. One of our primary goals is to help provide new capital resources to small businesses owned by minorities, women tribal groups and those located in underserved geographical locations.”

BusinessUS is missioned to provide 60% of our loan volume to underserved markets.

~ Norris Lozano, CEO of BusinessUS

Manufacturing Jobs Return, Small-Business Lending Increases, says Inc.

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Manufacturing jobs are slowly returning to the U.S., presenting an opportunity for small businesses, witnesses told the House Small Business Subcommittee on Economic Growth, Tax and Capital Access.”

Or so it says in this article in Inc.

Not so fast, says Charles Green in the Coleman Reporttitled “CITIBANK’S EMPTY CLAIMS ABOUT SMALL BUSINESS LENDING SUPREMACY”.

We’re not picking sides, just passing along the news…

Would love to hear from you about small business growth and loans, use this link: Norris Lozano, CEO of BusinessUS