Arkansas Capital Corporation Group (ACCG) was presented with two volume lending awards, by the U.S. Small Business Administration. SBA District Director Linda Nelson presented the awards for 2012 Top 504 Volume Lender and 2012 Rising Star to Six Bridges Capital Corporation and Arkansas Capital Corporation, respectively. Arkansas Capital Corporation (ACC) and Six Bridges Capital Corporation (6BCC) are key entities in the lending division of the Arkansas Capital Corporation Group (ACCG). [Read more…]

Are you aware that your business has a credit score? There are business credit bureaus that collect data and provide this data to issuers of credit to businesses. Why should this matter to you? By having credit under the name of your business, you are limiting the impact of your business finances on your own personal credit score. [Read more…]

Today’s THV reports that small business lending is on the rise since June. A study released by PayNet, a firm that researches small business loans, showed that the number of loans increased 12 percent in May. [Read more…]

The partnership between Arkansas Flag and Banner and ACC is another great example of how the right lending partner makes a big difference. Watch the video and listen as Kerry McCoy explains how Arkansas Capital Corporation was there at the right time and how that relationship is still flourishing years later. [Read more…]

Allegra Print & Imaging of Arkansas, Inc. is a great example of how the right lending partner makes a big difference to aspiring entrepreneurs. [Read more…]

Little Rock Tours is a great example of how the right lending partner makes a big difference to aspiring entrepreneurs. [Read more…]

It appears that the B&I program is looking to be a strong program in FY2012. Fees may potentially increase, and there will be some staff changes at USDA, but USDA has assured the public that the program will still be in “capable and experienced” hands. The amount of funds available to the program is potentially $832 million. Read more…

SBA has published a press release highlighting the significant increase in the volume of sba-backed loans. The agency credits the loan incentives presented by the Jobs Act as a major factor. Read more…

An economic study released has shown that the amount of small business loans made to businesses in the Delta have increased dramatically. The study, released by the Delta Regional Authority, notes that the loans funded have already exceed the loan amounts from 2009. Read more about the DRA’s study…

Many sources are reporting that the face of SBA lending is changing. The Orange County Register reports that more and more large banks are veering away from SBA lending while more small, community banks and non-bank lenders are becoming more involved with this type of lending. Read more about the shift…

Bob Wright will be hosting next week’s SBA web chat focused on providing advice for home-based businesses. The chat will be held at noon on Thursday, July 28. Ask any questions you may have prior to the event on SBA’s website.

In an effort to stimulate economic growth and job creation in underserved communities, the SBA introduced two new initiatives this past February. The new Advantage Loan Initiatives offer a “streamlined application process for SBA 7(a) up to $250,000.” These programs are an effort to increase lower dollar loans as studies have shown that such loans are instrumental to growth in underserved communities and to new business formation. The chart below shows the comparison between a Small Loan Advantage and Community Advantage: [Read more…]