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Tuesday, April 27, 2010

SBICs in New England

A complete list of the licensed SBICs in New England, updated in April 2010, including contact information, web address and a description of the types of investments made by the firm.

Tuesday, April 27, 2010

ABL Lenders: More of the Same in 2010

There were not a lot of positive signals from the lenders gathered this morning at the Langham Hotel in Boston for TMA’s annual “Asset-Based Lending Panel”.

Friday, April 23, 2010

Selling a Business: Anatomy of a P&S Agreement

Few legal documents you’ll sign in your lifetime are more complex or more daunting than the Purchase and Sale agreement that accompanies the sale of your business. While most sellers naturally focus their chief attention on purchase price and any hold-back amount, there
are often other terms within a purchase and sale agreement that can have greater impact on the final, long-term outcome for the selling shareholder(s).

Tuesday, April 20, 2010

Tatum Survey: Business Conditions Improving

Business Conditions as of April 1, 2010: Tatum LLC regularly surveys nearly 1,000 Financial and Technology Executives nationwide to gain insight into the U.S. business climate. Business conditions are again improving according to the Tatum Survey.

Tuesday, April 20, 2010

SBIC Program: An Overview

SBICs are privately owned and managed investment funds, licensed and regulated by SBA, that use their own capital plus funds borrowed with an SBA guarantee to make equity and debt investments in qualifying small businesses.

Monday, April 19, 2010

Operating a Troubled Company? Read this.

Most CEOs and board members of troubled companies don’t recognize that the company is truly distressed until there is some “trigger” event—such as a covenant default, the loss of a major contract or a failed attempt to refinance.

Monday, April 19, 2010

Lending Falls at Epic Pace – WSJ

U.S. banks posted last year their sharpest decline in lending since 1942, suggesting that the industry’s continued slide is making it harder for the economy to recover.

Friday, April 16, 2010

SBA 7(a) Loan Program: An Overview

The 7(a) Loan Program is SBA’s primary program for helping start-up and existing small businesses to secure up to $2 million of bank financing.