“Access to Capital” Lunch and Learn gives small business owners insight into available loans | News petek, August 17, 2024 LIMA, OH (WLIO) – For small business owners, getting the needed finances to start or expand their dreams could be a big hurdle to cross. That’s why the State Bank hosts its annual “Access to Capital” Lunch and Learn. Speakers from state and federal agencies, local small business development centers, and financial institutions talked about the various programs and loans that could be available to entrepreneurs to take that next step. The programs that were presented are unique because they serve specific sectors or the needs of small businesses. “There are folks who are going to learn about special programs … Continue Reading
Feds. Interest Rates could hurt small business growth petek, August 16, 2024 SALISBURY, Md- Despite a long-anticipated rate cut, the Federal Reserve decided to maintain the current interest rates at 7.9%, citing a failure to reach a goal of less than 2 percent inflation across the US. In Wicomico County, Salisbury Area Chamber of Commerce President Bill Chambers tells WMDT the news comes at a difficult time when many businesses look to get bridge loans and lines of credit to scale up the workforce for the many seasonal businesses across the area. He tells us the hospitality, restaurant, and entertainment venue sector could be hard hit, adding to a few tough years … Continue Reading
How Cathy Bishop became Iowa Small Business Person of 2024 petek, August 7, 2024 SERGEANT BLUFF — Four years ago, when the COVID-19 pandemic shut down the catered world, Cathy Bishop vowed that her employees would not lose their jobs. “My whole goal at that time was, there were too many people on unemployment, and I didn’t want any of our people to go on unemployment,” said Bishop, longtime proprietor of the Aggies, a Sergeant Bluff catering firm. “I wasn’t going to let people not have a job. That wasn’t going to happen.” Catered affairs were practically nonexistent, so Aggies got creative: Her partner Jone Kent came up with the idea of ”COVID carryout,” … Continue Reading