Thursday, January 27, 2005

Moving and all

We are moving right now to our apartment across the river from here. That means I will probably be non-existent here for the next few days.

There is a lot of interesting stuff going on right now both here and in Russia. Tymoshenko, the AARP age people in Russia protesting the loss of benefits, and others.

Some analysts, for example, are looking for conspiracies behind the protests in Russia right now. Shades of the Orange Revolution. I'm sure they will find them. Reminds me of this:

I saw last night upon the stair,
A little man who was not there.
He wasn't there again today,
I wish that man would go away.

But they will have to wait until we get settled into the new digs.

276 comments:

1 – 200 of 276   Newer›   Newest»
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When a small business owner applies to a lending institution for a business loan, the lender reviews the application and decides if it merits a busiuness loan or if it requires an SBA guaranty. SBA backing on the business loan is then requested by the lender. In guaranteeing the business loan, the SBA assures the lender that, in the event the borrower does not repay the loan, the government will reimburse the lender for its loss. By providing this guaranty, the Small Business Administration helps tens of thousands of small business owners get financing they would not otherwise obtain.

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7(a) Loan Guaranty Program

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Low Documentation Loan (SBALowDoc)

SBALowDoc is the SBA’s quick and easy program that provides a guaranty on small business loans of $150,000 or less. Once you have met your lender’s requirements for credit, the lender may request an SBALowDoc guaranty for up to 85 percent of the loan amount. You complete the front of a one-page SBA application, and the lender completes the back. At SBALowDoc centers, the agency processes completed applications within 36 hours.

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7(m) Microloan Program

The SBA’s Microloan Program provides very small loans up to $35,000 to small businesses and not-for-profit child-care centers through a network of locally based intermediary lenders. In addition to making the loans, the intermediaries provide management and technical assistance to microborrowers and potential microborrowers.

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