March 4, 2013
Jean WojtowiczTo write (or refresh) your mission statement, think about what you do, how you do it and why you want to do it.
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January 5, 2013
Andrea Muirragui DavisIndiana has three certified, not-for-profit SBA microloan intermediaries, which not only make short-term microloans—as
any lender can—but also use the SBA grants they receive to offer business coaching along with the financing.
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December 8, 2012
Indiana businesses borrowed $424.7 million through U.S. Small Business Administration programs in 2012, an 18-percent decline
from 2011, latest SBA statistics show.
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August 27, 2012
Jean WojtowiczThe bank needs to know how your business is doing right now (usually the most recent 30 or 60 days), rather than rely on your
current year’s tax return that may have aged several months.
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July 28, 2012
Andrea Muirragui DavisPrivate firms that need to raise relatively modest amounts of capital have a hard time finding money. Now three Indianapolis
entrepreneurs think they have the answer: crowdfunding. Individuals make small investments that are aggregated to fund a business.
Indianapolis-based Localstake wants to be the matchmaker.
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June 29, 2012
Jean WojtowiczUnexpected problems add to the headaches of opening or relocating a business, and we hear a lot about the hang-ups of required,
but annoying, environmental investigations.
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May 26, 2012
Scott OlsonSmall amounts of funding often ignored by larger banks.
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March 10, 2012
Scott OlsonVolume nevertheless is expected to fall short of last year's record numbers
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February 24, 2012
Jean WojtowiczA recent study from Credit Suisse found that over $15 billion of small commercial mortgages (under $5 million) are coming
due in the next few years.
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December 19, 2011
Jean WojtowiczPrepare to talk in detail about your business, the plans you are making and the reasons for expanding before you show the
banker the facts and figures.
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September 23, 2011
Jean WojtowiczDuring these difficult times, small-business lenders are looking harder at intangibles—including a borrower’s
character.
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August 6, 2011
Low-income women could receive loans in weeks.
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July 16, 2011
IBJ StaffThe Indiana Statewide Certified Development Corp. has been recognized as the most robust lender through the SBA's 504 loan
program.
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July 1, 2011
Jean WojtowiczProperty tax billing and collection were at their most confusing during the recession, when businesses were experiencing lost
revenue, poor projections and, in general, toughing it out as best they could.
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June 3, 2011
Jean WojtowiczNew law allows banks to refinance existing real estate and equipment debt through the U.S. Small Business Administration 504
loan program.
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December 6, 2010
Jean WojtowiczSmall-business owners looking for working capital would be well-served to do their research in advance and can ask their bankers
about several approaches, including financing based on assets.
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November 13, 2010
Francesca JaroszThe amount of money banks loaned through U.S. Small Business Administration programs shot up close to 30 percent in Indiana
this year, a sign that the state’s small businesses—including Pat Wolfred’s CCA Inc.—have started
coming back to life.
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August 27, 2010
Jean WojtowiczThis may be a golden opportunity for small-business owners to lock in a low rate to finance expansion. But make sure you understand
the loan agreement.
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April 1, 2010
Scott OlsonFederal loan programs that help fund company expansions are seeing more activity from program administrators in Indianapolis.
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February 20, 2010
Peter SchnitzlerNo incentive can make a bad deal bankable. But President Obama's stimulus measures are spurring some promising small businesses
to begin borrowing again, despite the recession.
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December 26, 2009
SBA loan approvals above $100,000 for the Indianapolis area for November 2009
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November 28, 2009
IBJ StaffSBA loan approvals for the Indianapolis area for October 2009.
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November 20, 2009
Mason KingLocal loans issued through the Small Business Administration's popular 7(a) guarantee program plunged by an astonishing 64
percent for three of the city's four largest banks during 2009, while overall lending in the program slipped 17 percent in
the metro area.
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October 24, 2009
IBJ StaffSmall Business Administration loan guarantees for the month of September 2009 for Indianapolis area
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August 29, 2009
IBJ StaffSBA loan guarantees for the month of July.
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Three Magi
Cats out of the bag. The object of the game is to get acquired. That means the company has no idea how to grow beyond a certain point. Email is a 1990s technology. I have laughed at this company since day one. Such a small bit player. If it was anywhere but here, it wouldn't be newsworthy.
Esther, Indy has passed Chicago in the local government corruption arena. Don't downgrade us. We're No. 1 in the Midwest.
Does the buyer get to keep the recent Accu-Chek J.D. Power award? Be careful, those Swiss cannot be trusted. Last June they pimped Mayor Ballard and former Governor Daniels at a media op, announcing plans to invest "$300 million at its Indianapolis headquarters, creating up to 100 new jobs by 2017," only to turn around and close the Roche Nutley, NJ facility and eliminate 1000 jobs there later the same week. It seems that healthcare can be innovated only as long as money is to be made. Right now Roche seems to have big eyes for China: there are many Chinese in China and potential billions in Swiss francs! Since Roche is having difficulty with US insurance companies swallowing the bill for overpriced cancer drugs (with debatable efficacy) why not sell insurance to the Chinese and market the drugs to them there? There is a name for these sort of business practices however proper decorum precludes it use in this forum.
Same kind of Luddites who oppose I-69. Guessing their 501(c)(4) application probably sailed right through the IRS.