Obama and Snowe Work to Increase Size of SBA Loans

Oct 22, 2009 by Aaron Rubman

Yesterday President Obama announced that he intends to target a portion of the remaining TARP bailout funds to the needs of Small Businesses.

According to a summary of the president’s proposal posted on www.whitehouse.gov, this new plan would increase the funds available through Small Business Administration microloans from $35,000 per business to $50,000 to business and the funds available through 7(a) loans from $2 million per business to $5 million per business.

7(a) loans are typically used to purchase machinery, equipment, and real estate and can also be used to re-finance existing debts.  In contrast, micro-loans cannot be used to …

The Elements of News

May 19, 2009 by kfreeze

So – you want to be in the news. That’s great, go shoot someone and you might get a few headlines. Unfortunately, getting headlines about you or your business, without shooting someone, can be a challenge. But it can be done, if your story has one or more of the “Elements of News” in it. Here they are:

  • IMMEDIACY - If it didn’t just happen, it’s history. But even if the event happened a month ago it can be written to give it immediacy. Here’s an example. “Jim Smith is saving money on his heating bill this winter because of work …

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