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Monday, October 20, 2014

Advice to Ski Area Operators: Gather Your Data

Several years ago, Stratton Mountain commissioned a study that recommended he raise the price of a Stratton lift ticket.  Stratton knew that by doing so it would  be losing a number of weekend ski clubs, but Stratton also realized that losing the buses would result in a better experience for the rest of Stratton’s guests […]

Tuesday, August 17, 2010

Credit Standards, Loan Covenants, and Rate Spreads Eased in Q2

As banks saw increased competition for commercial & industrial lending, credit standards began to ease in the second quarter, according to the Federal Reserve. Of the senior loan officers surveyed in July, 12.5% indicated a relative easing of credit on large and middle-market borrowers (revenues in excess of $50 million), and 14.5% indicated a relative easing of credit for smaller firms, the first time credit standards have eased for small firms since 2006.

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.

Friday, April 16, 2010

SBA 504 Loans: An Overview

The SBA 504 Loan program is designed to provide small businesses with low-cost debt financing of up to $1.3 million for the purchase of property, plant and equipment.