CHICAGO – Borrowing by small U.S. businesses rose at a record pace in May, data released by PayNet Inc on Thursday showed, a sign that economic growth is poised to pick up in coming months. The Thomson Reuters/PayNet Small Business Lending Index, which measures the overall volume of financing to U.S. small businesses, rose 26 [...]

What’s affecting me, my clients and other small-business owners this week. The Fed: Bernanke Reins It In In his second ever press conference, Federal Reserve Chairman Ben S. Bernanke reins in growth forecasts and says QE2 will run its course. Agustino Fontevecchia says that the Fed chairman is clueless. Seeking Alpha’s Jeff Miller explains the [...]

Loan broker vs bank – which one is better? This is the very question that hounds most potential borrowers. While there are those who would readily go for either of the two, it is still very important to see what are their advantages and disadvantages. One very important thing to note though is that this [...]

WASHINGTON – New orders for U.S. manufactured goods and a gauge of business spending plans rose in May, easing fears of a sharp slowdown in factory activity. Durable goods orders increased 1.9 percent after dropping 2.7 percent in April, the Commerce Department said on Friday, with a proxy of business spending also rebounding strongly. An [...]

Even if you don’t have the traditional brick-and-mortar store, it’s still likely that you will need retail business supplies. For example, many home businesses that sell products need bags, boxes, tagging and pricing guns, gift certificates, video supplies, shrink wrap, stamps, gift wrap, etc.. In addition, if you warehouse a lot of inventory, shelving units [...]