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A new peer review lending partnership between several local banks in the Lehigh Valley area in Pennsylvania may help give some small business owners the capital they need to start a corporation. The program allows banks who have narrowly rejected a small business owner’s loan application to forward the application to another of the financial [...]

Starting any small business requires an infusion of capital from one source or another. But startup companies working in clean or renewable energy can require millions of dollars in upfront investment just to get their prototypes out of the design phase, according to the Chicago Tribune. Industry experts told the Tribune that because new products [...]

City council members in Eloy, Arizona, have applied for a grant from the U.S. Department of Agriculture, which they would use to help start a business incubator in the city, according to the Eloy Enterprise. Officials told the Enterprise that the city’s downtown area has had difficulty bringing in businesses, and they hope that more [...]

BALCONY, the Business and Labor Coalition of New York, is urging lawmakers to approve the state’s proposed 2010-2011 budget, which contains a $50-million small business loan fund. The group says that the fund would provide enough loan capital to help 1,000 small businesses and give encouragement to entrepreneurs interested in forming a company. "Providing small [...]

Democrats in the U.S. House of Representatives passed their second small business bill in as many days last week after pushing through a $30-billion loan fund aimed at helping community lenders get loans to entrepreneurs looking to start a corporation. The loan fund was first proposed by President Barack Obama earlier this year. Massachusetts Representative [...]

Many people use timeshares as a way to have a vacation home without having to buy the entire property. Some investors are now using limited liability corporations as an alternative, according to the Boston Globe. By starting an LLC, the different owners of a property get the liability protection and tax benefits of a corporation, [...]

While obtaining a bank loan can be difficult for those just forming a company, there are a number of ways entrepreneurs can help themselves in the loan process, according to the Better Business Bureau. Banks are impressed when a small business owner has already done a great deal of bootstrapping with the company, according to [...]

There are a lot of things to figure out when forming a company. Everything from marketing, financing and even maintenance can often fall to the small business owner to take care of. But USA Today small business columnist Gladys Edmunds says that many small business owners need to take a step back and focus on [...]

Business incubators can be a valuable resource for new companies. Entrepreneurs in Oklahoma are increasingly turning to business incubators to help them start a corporation, according to the Tulsa World. The paper says the number of licensed incubators has doubled in recent years. More than 50 of them now operate in areas across the state, [...]

While established companies have their own financial reputations, an early startup will be tied to its owner’s personal credit score. Because of this, according to Entrepreneur.com contributor Karin Price Mueller, small business owners need to take a close look at their credit reports before attempting to start a corporation. All three credit bureaus allow people [...]

California-based Silicon Valley Bank says that its small business lending programs have helped fuel small business formation and promoted job growth. The company says that it added 1000 clients over the last year. A significant portion of those customers – roughly 40 percent – were borrowers. SVB says its "pipeline of new potential borrowers" has [...]

Commercial real estate prices are low enough that many entrepreneurs are looking to grab deals on the new storefronts and facilities they need to grow their businesses or start a corporation. Moody’s Investors Service says that commercial property prices have plummeted 42 percent compared with prices in October 2007. Office and retail space prices have [...]

Utah Democratic gubernatorial candidate Peter Corroon has announced plans for several new business tax credits to encourage job growth and stabilize the state’s economy. "The first and foremost thing we need to do in Utah is create jobs immediately. With the highest unemployment rate we have had in 26 years, the time to act is [...]

As entrepreneurs work to raise capital to start a corporation, they can make legal mistakes that can harm their small business in the long run. Venturebeat writer and business lawyer Scott Walker says that while securities laws are very complex, there are some simple ways to avoid these problems. Walker says that in almost all [...]

A proposed bill for the U.S. House of Representatives would provide additional deductions for those who start a corporation and reduce taxes on those who invest in them. The small business bill would allow entrepreneurs to deduct more of their startup costs. The current law allows taxpayers to deduct up to $5,000 of the costs [...]

Potential small business owners should have a solid understanding of the business world before forming a company, according to Entrepreneur.com contributor and business coach Brad Sugars. Sugars says that entrepreneurs who start a corporation without an understanding of business practices can be taken advantage of, and that in almost all cases, potential business owners need [...]

UMass Amherst and Springfield Technical Community College are joining forces to help support the Scibelli Enterprise Center – a small-business incubator on STCC’s campus. BusinessWest reports that the center had struggled to keep occupants after losing a $530,000 state subsidy, but school officials say the additional funding will help "rejuvenate" its operations and help entrepreneurs [...]

An increasing number of entrepreneurs are getting loans backed by the Small Business Administration to help them start a corporation, according to the Enterprise Ledger. Banking officials told the paper that while banks are looking to lend, they are also sending many business owners to the SBA to get a government guarantee for their loans [...]

Individual development accounts – or IDAs – can help lower-income entrepreneurs get the money they need to start a corporation, according to the Wall Street Journal. The Journal reports that IDAs are generally created with the help of nonprofits, credit unions or government agencies. They can help entrepreneurs by using a combination of federal funds [...]

Forming an S corporation offers a number of advantages for independent salespeople, real estate agents and others, according to certified public accountant and Christian Post blogger John Dillard. The first advantage to S corporations, according to Dillard, is that business incorporation gives the company instant legitimacy. He says if a business is not incorporated, many [...]