News

News

GSA Spending Grows with Small Businesses

 "With the overlapping impact of the phasing out of the wars in Iraq and Afghanistan, the post-2010 austerity measures forced by the House GOP, and the fade-out of the American Recovery and Reinvestment Act; the way in which the government spends will largely shift to GSA contracted companies," states John West , Senior Advisor at Government Market Expert, a boutique GSA and Government Procurement Marketing firm. He adds, "we've been helping small businesses of every kind sell to the government for the past 16 years as the rush to government procurement expands."

Read more...

Small Business Authority Releases The March 2013 SB Authority Index

 Newtek Business Services, Inc., NASDAQ: NEWT, The Small Business Authority®, announced the release of the SB Authority Index of small business indicators for March 2013 reaching 117.31 points. Approved SBA gross lending volume and the Russell Microcap Index led the increase. The SB Authority index is up .20% from February 2013.

Read more...

New High Tech Businesses Rely More Than Other Firms on Bank Loans

 In the current financial climate, new high-tech businesses rely more than other firms on outside loans and investments, while non-technology businesses owned by African Americans, Latinos, and women simply operate on less capital, says a report issued today by the U.S. Small Business Administration (SBA) Office of Advocacy. The report, called Access to Capital among Young Firms, Minority-owned Firms, Women-owned Firms, and High-tech Firms looks at how the changing financial environment affects new firms.

Read more...

Visit other PMG Sites: