Nation’s #1 SBA Lender Doubles Up in the First Half of 2011

JP Morgan Chase said it doubled its lending through the Small Business Administration in the first half of fiscal 2011, providing $448 million to help businesses and the U.S. economy grow. The bank said it remained the No. 1 SBA lender in the country, with 2,373 SBA loans for the first half of the fiscal year.

Officials said the dramatic increase in Chase’s 2011 SBA continues the bank’s expansion of SBA lending. It increased lending 217% in 2010, providing $434 million in credit to businesses.

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Now may be the Time to Start that Business!

For much of the past three years, start up financing has been difficult.  The funding freeze is definitely beginning to thaw and we have added several new programs to make the process more attractive.  If you have a new business idea, let discuss a strategy to get it funded.

 Here is a great article from Andy Beal, he is the CEO of Trackur, the world’s largest social media monitoring tool.