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Wednesday, December 1, 2010

Three Alternatives to Big-Bank Borrowing

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December 1, 2010
 

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NEWS  THIS WEEK'S TOP STORY

Three Alternatives to Big-Bank Borrowing

Small businesses that are rejected by the banking behemoths shouldn't overlook nonbank lenders, community and regional banks, and community development financial institutions

Inside: This Week in SmallBiz
If you haven't had luck landing a business loan or credit line from the big banks you've approached, don't expect your odds to improve any time soon. That's advice Monica Mehta shares in her recent column on alternative borrowing options. She suggests business owners look into nonbank lenders, community and regional banks, and community development financial institutions.

Also on tap: Learn why the "buy local" movement just got a boost from American Express. Hear from founders whose companies were acquired by Google. Finally, flip through a slide show with profiles on self-made billionaires. Enjoy.
--Nick Leiber

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  MORE SMALLBIZ NEWS
SALES & MARKETING
Why AmEx Wants You to 'Buy Local'
American Express launched its "Small Business Saturday" promotion to steer more dollars to independent merchants after Thanksgiving

ACQUISITIONS
So Google's Buying Your Startup. Now What?
Google's M&A chief has to persuade founders to stick around, often with financial incentives and the promise of expanded roles

SELF-MADE BILLIONAIRES
Ivy League and Privilege Not Required to Make Billions
Many of the richest individuals in the U.S. started at the bottom of America's economic ladder and fought their way to the top—without passing "Go" in the Ivy League

DATABASES
A Website for the World's Materialists
New York startup Thingd aims to compile an online catalog "of everything in the world"

SMART ANSWERS
Keeping an EBay Competitor Honest
When another business rips off your listing on the auction site, here's what you can do

  SMALLBIZ SLIDE SHOWS
SMALL BIZ
Twenty Billionaires Who Started With Nothing
Many of the richest individuals in the U.S. started at the bottom of America's economic ladder and fought their way to the top—without passing "Go" in the Ivy League


Twenty Rugged Survivors in Dying Industries
For small business owners in struggling industries across the country, survival strategies range from severe service cuts to bold expansion

SMALL BIZ
20 Small Businesses of the Future
The most successful entrepreneurs are those who don't follow the herd but anticipate the needs of the market earlier than the competition

BEST ENTREPRENEURS 25 AND UNDER
2010 Finalists: America's Best Young Entrepreneurs
Check out 25 promising businesses founded by entrepreneurs in the U.S. aged 25 or less


America's Most Promising Startups
Meet new companies from across the country that embody the creativity and resilience common among today's entrepreneurs

  SMALLBIZ SPECIAL REPORTS
ENTERPRISE
Focus On Entrepreneurs, November 2010
From Bloomberg Businessweek, a roundup of news, trends, and ideas for business owners

ENTERPRISE
Focus On Entrepreneurs, October 2010
From Bloomberg Businessweek, a roundup of news, trends, and ideas for business owners


America's Best Young Entrepreneurs 2010
Who are the country's most promising young entrepreneurs? With help from our readers, we set out to answer that question in our sixth annual roundup

ENTERPRISE
Focus On Entrepreneurs, September 2010
From Bloomberg Businessweek, a roundup of news, trends, and ideas for business owners

SMALLBIZ  BUSINESS DIRECTORY




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