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Henrico day care restructuring under Chapter 11
Two years of declining enrollments have forced a 17-year-old Henrico day care into bankruptcy protection, but the owner has a plan to turn things around.
Read More »Small biz owners seek SBA loan help
Bernie Katz, Robert White and Michael Bucci have something in common. They all own small businesses and have had difficult experiences with bank financing. That prompted them to show up for a Wednesday morning
Read More »Beware snail mail ‘phishing’ scam
The U.S. Small Business Administration is warning small businesses not to respond to a wave of fake letters that request bank account information in order to qualify for federal tax rebates. The letters mimic
Read More »More SBA-backed loans in Virginia going into default
The number of delinquent Small Business Administration-insured loans in Virginia is rising. Last week BizSense reported that bankruptcy filings for businesses and individuals is rising in Richmond. The SBA could not provide statistics in
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