Bill Cimino was approved for a $1.6 million loan last year to purchase the property on which his Wilmington, Mass., car dealership sits. The loan was backed by the Small Business Administration and—thanks to the government stimulus program—carried no borrower fees and provided his lender with a substantial guarantee against default. The loan was scheduled to close at the end of December, to coincide with the end of his lease, but paperwork delays pushed it until February—just as the stimulus money for the program ran ou

I recently read an article in the Wall Street Journal about how small business lending remains steady on a downward trend unseen since 1942. Top-tier banks may be on the mend, but banks geared to small business financing have seen a full-year decline in lending for small businesses and a record 702 banks are at risk of failure. Smart financing advisory means looking for solutions even while small business lending hits the bottom of the credit cycle. There are alternatives for small business financing that services like US Capital Partners can help your business secure.