Archive for December, 2011

First California Bank Appoints New SVP to Administer Small Business Banking

The United States Small Business Administration (SBA) is offering several loan programs designed to assist small business owners and entrepreneurs who are just starting with new ventures. One is the 7(a) Loan Program which includes financial aid for businesses with special requirements such as exports to foreign countries and enterprises that operate in rural areas. […]


California Bank & Trust Offers Fixed-Rates on SBA 504 Loans for Commercial Real Estate

California Bank & Trust is currently offering 25-year fixed-rates on commercial real estate loans qualifying for the Small Business Administration’s 504 program. The 25-year fixed-rate option allows small businesses to lock in long-term financing at the current historically low rates. The fixed-rate option is the latest addition to the small business loan options from California […]


HUD Awards $149 Million to California for Neighborhood Stabilization

U.S. Housing and Urban Development Secretary Shaun Donovan awarded an additional $149 million in funding to California communities struggling to reverse the effects of the foreclosure crisis. The grants represent a third round of funding through HUD’s Neighborhood Stabilization Program (NSP) and will provide targeted emergency assistance to help local California communities acquire, redevelop or […]

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