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6.24.22: HYATT’S BUSINESS STRENGTHENS FROM HOTEL SALES

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Hyatt Hotels Corp.'s goal of transforming into an asset-light business is well on its way after several sales in the second quarter. During the company's second-quarter earnings call, President and CEO Mark Hoplamazian said it's been an active first half of the year for the company. Hyatt … [Read more...] about 6.24.22: HYATT’S BUSINESS STRENGTHENS FROM HOTEL SALES

9.19.20: U.S. SENATE INTRODUCES BILL TO EXTEND THE SMALL BUSINESS DEBT-RELIEF PROGRAM

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The U.S. Senate Committee on Small Business and Entrepreneurship has introduced legislation to extend the small business debt-relief program. If passed, the Small Business Debt Relief Extension Act will provide at least five more months of principal, interest and fee payments on all preexisting, … [Read more...] about 9.19.20: U.S. SENATE INTRODUCES BILL TO EXTEND THE SMALL BUSINESS DEBT-RELIEF PROGRAM

8.19.20: LORD & TAYLOR CLOSING ALL STORES AS IT GOES OUT OF BUSINESS

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Lord & Taylor, one of the oldest department stores in the United States, will go out of business and shutter its 38 locations, marking the end of its 194-year run. It’s the latest retailer to fall during the coronavirus pandemic. The move comes just weeks after Lord & Taylor filed for … [Read more...] about 8.19.20: LORD & TAYLOR CLOSING ALL STORES AS IT GOES OUT OF BUSINESS

7.31.18: ValueXpress Client Successfully Fills Small Business Operational Need. . . Cont’d

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So Bob studied his city -- Nashville -- and found no one catered to the small business storage segment of the market…no one. So he studied and developed prototypes in his head. The smallest units would be 10’x20’ (200 square feet; sf) with a mix of units up to around 1,000 sf. He thought of all the … [Read more...] about 7.31.18: ValueXpress Client Successfully Fills Small Business Operational Need. . . Cont’d

9.12.12: Small Business Capital and the Mark Feathers Saga…Cont’d

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It appears that I was off base when I suggested the Securities Exchange Commission (SEC) might not understand the business model for Small Business Capital. In July, I wrote, “If you understand the structure of SBA loans, the two SBC funds conceptually make sense. The SEC alleges the returns on the … [Read more...] about 9.12.12: Small Business Capital and the Mark Feathers Saga…Cont’d

7.18.12: Small Business Capital and the Mark Feathers Saga

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For lenders and intermediaries involved in SBA lending, the saga of Small Business Capital (SBC) and its CEO Mark Feathers provides more drama than the TV show "The Housewives of New Jersey." SBC is a licensed SBA lender located in Los Altos, CA. The firm holds 1 of 14 non-bank SBA 7(a) licenses … [Read more...] about 7.18.12: Small Business Capital and the Mark Feathers Saga

3.29.12: Chris Hurn Speaks to Congress in Support of Small Business

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Chris Hurn, founder and CEO of Mercantile Capital Corporation and a leader in the SBA 504 finance industry, testified on March 29 before the Senate Committee on Small Business and Entrepreneurship to recommend extension of the SBA 504 refinance program and the SBA 504 First Mortgage Loan Pooling … [Read more...] about 3.29.12: Chris Hurn Speaks to Congress in Support of Small Business

3.9.11: Michael D. Sneden Returns to Westchester Business Council: “Learn How to Prepare a Business Loan Application”

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The Business Council of Westchester County, N.Y. has announced that Michael D. Sneden, Executive Vice President at ValueXpress, will return as the keynote speaker at its Circles of Influence social networking event beginning at 4:30 p.m., March 31, at the Hilton Rye Town in Rye Brook, N.Y. Sneden’s … [Read more...] about 3.9.11: Michael D. Sneden Returns to Westchester Business Council: “Learn How to Prepare a Business Loan Application”

9.17.10: U.S. Senate Passes Small Business Bill

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The U.S. Senate approved legislation to cut taxes and ease credit for small businesses in a long-delayed victory for Democrats eager to show voters they are working to create jobs. If the U.S. House passes the bill as expected as early as next Wednesday, it would head to President Barack Obama to … [Read more...] about 9.17.10: U.S. Senate Passes Small Business Bill

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