North Bay Business Journal

  • Banking and finance: Circle Bank to educate Keiretsu-funded startups; 30% solar grant to end

    December 19th, 2011

    Novato-based Circle Bank has partnered with Keiretsu Forum, said to be the world’s largest angel investor network, to provide financing advice to startup and early-stage companies in the North Bay and San Francisco. … Adam Capital, a Sonoma-based lender specializing in financing small-scale solar projects, is urging solar companies to act before the window closes on a 30 percent federal grant on solar projects at the end of this year. … Westamerica bank is making preparations to move its branch in Ignacio near its current location in the Pacheco Plaza shopping center early next year, said Robert Thorson, the bank’s chief financial officer. … Community First Credit Union signed up the greater number of new members in November than in any month in its 50-year history, beating a record set in October. … The U.S. Small Business Administration is hosting a free web seminar on Dec. 15 to help small business owners prepare for the end of the 2011 tax year. … Images in Motion, a Sonoma-based studio specializing in puppets for television, is filming a series of commercials for Hawaiian Tel Federal Credit Union to “explain the benefits of credit union services to customers on the Big Island.”

  • First Community leaps to No. 1 on SBA list as lending overall rises

    December 5th, 2011

    NORTH BAY — Santa Rosa-based First Community Bank loaned the greatest amount of dollars to small businesses in the North Bay through the U.S. Small Business Administration’s 7(a) program in the 2011 fiscal year, jumping 10 places ahead to No. 1 and joining a wave of lending both locally and across the country.

  • Lenders expect 504 lending to rise with recovery

    December 5th, 2011

    Both the number of loans and the total value of loans facilitated through the U.S. Small Business Administration’s 504 program decreased across the North Bay in fiscal year 2011, though lenders said levels reflected that some businesses are still expanding during the recessionary period.

  • Recent changes enhance 504 refinance program

    December 5th, 2011

    Lenders are praising recent tweaks to the new U.S. Small Business Administration 504 refinance program, saying that the changes make more small businesses eligible while simplifying the process for institutions.

  • Manufacturing Awards 2011: Special Award: La Tortilla Factory wins top SBA recognition

    July 18th, 2011

    SANTA ROSA — In 1977, La Tortilla Factory opened with $75,000 — including a $50,000 loan through the U.S. Small Business Administration.

  • Spotlight: SBA Lenders

    May 16th, 2011

    Based on active lenders in the North Bay, including the Business Journal’s 2010 list of largest SBA lenders to the region

  • Latest SBA lending limits having an impact

    May 16th, 2011

    NORTH BAY — North Bay SBA lending — both 504 and 7a — increased by 35 percent in dollars and 21 percent in volume year-over-year for the first half of fiscal 2011 that began in October.

  • North Bay SBA lending up 21 percent

    April 25th, 2011

    NORTH BAY — North Bay SBA lending — both 504 and 7a — increased by 35 percent in dollars and 21 percent in volume year-over-year for the first half of fiscal 2011 that began in October.

  • La Tortilla Factory named SBA ‘Small Business of the Year’

    April 21st, 2011

    SANTA ROSA – In 1977, La Tortilla Factory opened with $75,000 – including a $50,000 loan through the Small Business Administration. Almost 35 years later, the 300-employee business has been named Small Business of the Year by the SBA for the Northern California region.

  • SBA approves 504 loans for refinancing commercial real estate

    February 18th, 2011

    For the first time, the U.S. Small Business Administration is allowing for the temporary extension of the 504 loan program to allow refinancing of existing commercial real estate debt.

  • SBA loan push could help small business

    December 6th, 2010

    NORTH BAY – The passage of HR 5297, the Small Business Jobs Act, established in the Treasury the Small Business Lending Fund of $30 billion and $12 billion in tax incentives intended to spur lending and get small businesses back on their feet.

  • Business Journal Q&A: Top lenders give their outlook, tips for getting financing

    December 6th, 2010

    NORTH BAY — The economy is still challenged, and businesses are still struggling. But there are some positive things happening, according to leading SBA lenders in the North Bay.

  • Small Business Development: California official urges understanding of small businesses

    October 25th, 2010

    Elected officials proclaim to understand and support small businesses but often fail to provide a truly conducive atmosphere for a sector that makes up the majority of the economy, according to Hector Barreto of the California Commission for Economic Development. … Small Business Majority, a Sausalito-based, national non-profit advocacy group for small businesses, recently said that Assembly Bill 32, California’s clean energy law, could generate as much as $4.6 billion for a wide range of small companies through 2020. … California Community Colleges through Economic and Workforce Development, have created the Business and Entrepreneurship Centers program.

  • Bankers, accountants see pluses, minuses in small business act

    October 18th, 2010

    NORTH BAY – The passage of HR 5297, the Small Business Jobs Act, established in the Treasury the Small Business Lending Fund of $30 billion and $12 billion in tax incentives intended to spur lending and get small businesses back on their feet.

  • House passes SBA lending bill

    September 23rd, 2010

    NORTH BAY – The House passed HR 5297 today, the small business lending bill that once made into law will greatly increase the reach of Small Business Administration loans.

  • Banks one step closer to an uptick in lending

    September 16th, 2010

    NORTH BAY — This morning, the Senate passed HR 5297, the small business lending bill that once made into law will greatly increase the reach of Small Business Administration loans.

  • Small food-milling firm sees bright future

    July 26th, 2010

    SEBASTOPOL – A long-time family-owned business in Sonoma County has jumped on opportunities offered by the soft real estate market and new SBA incentives to purchase its own building in Santa Rosa.

  • Waiting game as SBA program lapses

    July 5th, 2010

    NORTH BAY — The Small Business Administration loan incentives rolled out last year have once again run out, leaving lenders and borrowers in a state of uncertainty.

  • Petaluma sign company an SBA loan success story

    July 5th, 2010

    NORTH BAY — This fiscal year, 106 SBA 7(a) and 39 SBA 504 loans have been made in the North Bay for a total of $58.5 million. Kresky Signs of Petaluma, in business since 1953, is one borrower.

  • Spotlight: North Bay SBA Lending Leaders

    May 17th, 2010

    Based on active lenders in the North Bay, including the Business Journal’s 2009 list of largest SBA lenders to the region

    • « Older Entries

Site Index

Industry News
Events
Mobile

Tags