Archive for July, 2009

2009 America East Conference for SBA Lenders

SBA Lenders from around New England (including us!) will be attending the America East Conference in Newport, Rhode Island.   The conference includes 2 days of sessions covering topics such as the Recovery Act, SBA lending 101, SBA exceptions to policy, 504 loan closings and E-Tran for dummies.Â
When: Sunday, August 30 - Tuesday, September 1
Where: Hyatt Regency Newport, [...]

Quote of the Week

“Vision without action is a daydream.  Action without vision is a nightmare.”
- Japanese Proverb

CIT Receives $3 Billion Rescue

CIT approved a $3 billion deal late Sunday with some of the bank’s major bondholders to help it avert a bankruptcy filing.  The new loan will act like a “bridge” to a series of debt-exchange offers that CIT would launch to get bondholders to swap some of their bonds for equity in the company or [...]

Quote of the Week

“A strong, solid work ethic, and the burning desire to succeed are not things that are taught or learned.  Those characteristics come from within.  And they are noticed immediately.”
-Jeffrey Gitomer

CIT’s CEO Jeffrey Peek Staked It All on a Bailout from Washington

Without a potential private-sector rescue, CIT could file for bankruptcy protection as early as Monday morning.  After trying for months to improve its connections with Washington, CIT and its CEO Jeffrey Peek may soon find out it’s too little too late.
 

Sales and Marketing Tips from Seth Godin

The days of banging customers over the head with different products are over.  Seth Godin talks about how permission-based marketing and developing strong customer relationships where customers want to share your products with others is the key to successful sales.

How to use Twitter for Business

Here are some tips on how to use Twitter to help your business:
First Steps:

Secure a username that is relevant to your business’ name.
Include your company’s website and blog URL in your profile so people can click on to see who you are and what you do.
Tell customers about your Twitter account. Include it in your email signature and other email correspondence such [...]

Twitter - Learn how to use it in under 5 minutes

If you’re not using Twitter you could be losing touch with your current customers or missing out on new business all together.
Some of you are propbably thinking, I keep hearing about Twitter but what exactly is it?  Twitter is a free social networking and micro-blogging service that enables its users to send and read each others’ updates, known as [...]