North Bay Business Journal

HAY

  • 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

  • Lenders expect SBA loan program to be extended again

    May 17th, 2010

    NORTH BAY – The Small Business Administration has been working at increasing levels of lending since March of last year when the government rolled out a $730 million multi-faceted program to encourage borrowers to apply for and bankers to approve loans.

  • SBA fee waiver, increased guarantee extended again

    March 22nd, 2010

    NORTH BAY – The fee waiver and higher guarantee percentage that rolled out last February for Small Business Administration loans was extended for the second time through the end of this month, and it is expected to be extended again through the end of the year.

  • 2009 year of economy, energy

    January 4th, 2010

    It was a year dominated by a struggling economy that touched virtually everyone.

  • Ground-breaking project in 53-acre park

    December 14th, 2009

    SONOMA – Bill Saks brought together Willie McDevitt and Ed Brush, owners of Petaluma-based commercial general contractor McDevitt & McDevitt, and 10 other investors to build the industrial condominiums. It was the first project to be built in the 53-acre Carneros Business Park, located along the Eighth Street East industrial corridor south of Sonoma. “The [...]

  • Redwood Credit Union becomes top SBA lender

    December 7th, 2009

    SANTA ROSA – Redwood Credit Union is about to celebrate its 60th anniversary in January and its place as No. 1 Small Business Administration lender in the North Bay. In the last year, RCU has created a Small Business Administration loan department and surpassed the rest of the SBA lenders in the North Bay in [...]

  • SBA program attracts borrowers

    December 7th, 2009

    NORTH BAY – In February, the Small Business Administration and Congress rolled out a program to make SBA loans more attractive to both lenders and borrowers by increasing the guarantee percentage and waiving fees. It worked: $730 million was allotted and the guarantee went from 75 percent to 90 percent. But the money that was [...]

  • QuickBooks’ Evers turns to small business lending

    November 30th, 2009

    NORTH BAY — Serial entrepreneur and QuickBooks guru Ridgely Evers is zooming in on small business lending and he’s out to fix it.

  • BANKING: Banking veterans in SBA, lending make moves

    October 5th, 2009

    Also: Ex-Prudential executive joining Redwood Trust Inc.

  • SBA seeing uptick in lending

    September 28th, 2009

    NORTH BAY – The Small Business Administration is finally seeing an uptick in loan applications since the introduction of enhanced programs as part of the recovery act earlier this year.
    Karen Mills, SBA administrator, in an address on Sept. 22, said, “SBA weekly loan volume is up about 60 percent compared to the two months before the recovery act. We’ve supported over $10 billion in lending so far. We’re back near 2008 levels in weekly loan volume.”

  • Four financial advisers size up options

    September 28th, 2009

    NORTH BAY – “Don’t let turbulent times stop you: Financing your business in a challenging environment” was the title of and the message given to small business owners during a panel discussion with four North Bay financial industry veterans in cooperation with the Business Journal.

  • SBA lending fails to see upturn

    August 24th, 2009

    NORTH BAY – Even with aggressive new rules for Small Business Administration loans intended to increase lending, the program hasn’t delivered the punch it intended.

  • Forum to focus on business financing opportunities in current economy

    August 19th, 2009

    PETALUMA – A panel discussion exploring how to obtain financing in today’s difficult economic environment is scheduled for 4 to 6:30 p.m. Sept. 17 at the Sheraton in Petaluma.

  • Commentary: SBDC’s mission is to assist small business

    August 9th, 2009

    Small businesses are the heart of California’s economic growth. In 2006, the state had 718,220 small businesses, which represented 99.2 percent of the state’s employers. Locally, the Small Business Development Center at Santa Rosa Junior College is invested in the North Bay’s economic development and wants to be of service to you.

  • Banking & Finance: Presidio Bank grows Santa Rosa office

    May 18th, 2009

    Presidio Bank has expanded its North Bay offerings. Once only a loan production office, now the branch is fully equipped to take deposits and serve its corporate clients.

  • SBA loans down by 50% in North Bay

    December 8th, 2008

    NORTH BAY – Small Business Administration loans are on the decline, both because businesses are not applying for as many at the same time as lenders tighten their standards.

    • Newer Entries »

Site Index

Industry News
Events
Mobile

Tags