The number of loans backed by the U.S. Small Business Administration made to local companies plummeted in 2009 for the second straight year, underscoring businesses' complaints that it's extremely difficult to get a loan. What's more, the lack of lending is raising concerns about the prospects of a recovery.
According to data recently released by the SBA, the number of loans made in the L.A. district in fiscal 2009 fell by 53 percent to 1,747. The dollar amount dropped by...
With today’s credit crunch and the housing market continuing to implode, most entrepreneurs and small business owners are finding it difficult to operate...
Find information on contracting with local city and state agencies.
Small Business Growth and Public Contracts
This section specializes in helping small businesses in Los Angeles County better prepare for public contracts and inform them on programs available to them as small business owners.
SBA Loans Evaporate for Area Firms
With today’s credit crunch and the housing market continuing to implode, most entrepreneurs and small business owners are finding it difficult to operate...
