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SBA 504 Monthly Rate -5.794% 20 Year Debenture Rate for January, 2010

The purpose of the SBAC's SBA 504 Loan Program is to provide long term, below market rate financing to businesses that will retain jobs and create new employment opportunities in the State of Georgia, and Beaufort, Hampton and Jasper Counties in South Carolina.

SBA 504 Benefits

Lender
How will a SBA 504 Loan benefit a Lender?

Business Owner
How will a SBA 504 Loan benefit the Borrower/Business Owner?

Wendy Jeffers
Sr. Lending Officer: SBA Programs

Mobile: 912.398.3090
Office: 912.232.4700
Email: wjeffers@sbacsav.com

January, 2010 FRANCHISE SEMINARS-Owning your own business

5 of 6 American Millionaires Acquired
Their Wealth through Business Ownership
~Thomas Stanley, The Millionaire Next Door

Franchise Spotlight: Fitness and Weight Management Retail Consultancy
Date: Thursday, January 7th – Webinar Time: 8:00 pm – 9:00 pm

Sign up for this webinar to learn about this one-of-a-kind company with a nineteen year track record in every-day fitness, nutrition and weight management consulting.

Small Business Strategies.

WASHINGTON – Highlighting the experiences of successful entrepreneurs, the U.S. Small Business Administration and Dell today launched an online video series offering tools and strategies to help small business owners rebound from the economic recession and put themselves in a position to expand and create jobs.

Award winners help small businesses

Jane Blunn presents the 2009 Michael Bunn Sr. Memorial Rising Star Award, named in her husband's honor, to Claude Galipeault, center, and Christopher Marsden, owners of Digitus Biometrics at the Small Business Assistance Corporation Annual Meeting and Awards Luncheon. (Steve Bisson/Savannah Morning News)

Tony O'Reilly, left, president of the Small Business Assistance Corporation, presents the 2009 Small Business Advocate Award to SCORE, represented by Douglas Fuss. (Steve Bisson/Savannah Morning News)

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By Arlinda Smith Broady

SCORE Savannah on WTOC

Below is a clip from the WTOC Broadcast featuring Doug Fuss from SCORE Savannah.

Big Ideas for Small Businesses

By Connie Edwards

A few days ago, I was looking through the most recent Doing Business Guide published by the Savannah Development and Renewal Authority (SDRA). I was once again struck by the many and varied resources available for small business owners in the Savannah area.

I find in my consulting work that many small business owners in the area are unaware of what services are available to them. This is unfortunate, as these resources have the potential to make a positive difference in the financial health of our area's small businesses.

President Supports IFA Recommendation to Increase SBA Loan Limits

The International Franchise Association welcomed President Obama’s support to increase SBA loan limits from $2 million to $5 million, which, if passed, would pave the way for more franchise businesses to help create new jobs and set the country on the road to economic recovery. IFA President and CEO Matthew Shay and several IFA-member franchisees joined the president at a Washington, D.C.-area business where he announced his support.

New Greater Downtown Retail Improvement Loan Program

The SBAC, in partnership with the Savannah Development and Renewal Authority, is offering a temporary loan program to assist retail businesses in a designated area within Downtown Savannah during the holiday season.

Retailers located within the boundaries of River to Victory Drive and from West Boundary to General McIntosh; and from MLK and Montgomery from the River to 52nd Street are eligible for this program.

Franchise Funding Webinar – Oct. 21, 2009 @ 1:00 pm

Following is the webinar date & time for the 401k funding for businesses, sponsored by Frannet & presented by Benetrends.

If you would like to dial-in to the webinar – just respond to this email & I will register you, and send you the website & access number. OR – if any of your clients would like to dial-in – please send me their name & email address – I’ll register them!

When: Wednesday, October 21, 2009 1:00 PM

What: Funding Options for your Franchise Purchase
Webinar w/Benetrends