Tag Archives: Small Business Administration

Exporting Basics for Small Businesses

Alberto Rodriguez-Baez with the Minority Business Development Center offered guidance on how American companies can become exporters. (VBR)

U.S. companies exporting to other countries is big business and small entrepreneurs can get in on the action if they can navigate a sometimes complex process to identify international markets and promote their products. “Size doesn’t matter. Small business imports are growing all the time,” Alberto Rodriguez-Baez, senior export manager for the U.S. Commerce Department’s Minority Business Development Agency, said during a presentation in Weslaco hosted by the Small Business…

Read More

SBA Loans Pump Cash into Economy

SBA loans

The Small Business Administration’s Lower Rio Grande Valley District saw an increase in the amount of money loaned to businesses in fiscal year 2017, even though there was a slight decrease in the number of loans approved. The LRGV district guaranteed 191 loans in the 7(a) and 504 loan programs. These programs combined provided more than $71 million to small businesses that created 633 jobs and retained 984. The loans…

Read More

Women Make Headway in Business World

Marlen Saenz

When Marlen Saenz began selling picture frames at a local flea market 12 years ago, she never dreamed her little business would grow to where it is now after receiving a $1.3-million SBA 504 Real Estate & Equipment Loan. At the U.S. Small Business Administration, we know business success can be achieved with the right tools. And Saenz is just one of the 54,773 reasons the Rio Grande Valley has…

Read More

Brothers Credit SBA Programs with Growth

Federal programs and contracts pay off Brothers Samuel and Saul Maldonado founded SAM Engineering & Surveying Inc. in June 2008 with only three employees and yearly sales of $400,000. Today, the firm has grown to 55 employees with sales in excess of $4 million.  The brothers attribute part of their success with assistance provided by the U.S. Small Business Administration. Starting initially as an engineering and surveying firm, SAMES added…

Read More

Disaster Assistance … The SBA You Never Knew

What used to be a family home is now splintered debris after being beat by strong winds. An office building or retail store that serves as a source of sales and income for several workers is now unusable and unprofitable in the blink of an eye. Who do you call? Helping communities recover and rebuild after hurricanes, floods, tornadoes and other disasters is a side of the U.S. Small Business…

Read More

Boots to Business Reboot in Harlingen

Veterans receive entrepreneurial training Veterans of all eras and their spouses are invited to Boots to Business Reboot June 29-30 at the SBA office in Harlingen. The free two-day entrepreneur training is for all service-members, including members of the National Guard and Reserves. The training program provides an overview of business ownership as a career vocation, as well as an outline and knowledge on the components of a business plan.…

Read More

SBA: Honoring Texas Entrepreneurs

Lower Rio Grande Valley office provides for small businesses As a child, Sherrill Lester played on the floor of her father’s machine shop. She got used to the sounds and smells of metal work and eventually launched her own career in the steel industry. Today, she is president of QMF Steel, a $6.5 million manufacturing business with 28 employees in rural Campbell, Texas. Lester and her team worked with the…

Read More

Writing YOUR Success Story

Once upon a time … It’s the classic opening to our favorite fairy tales. As children we dream of magic potions and knights in shining armor that will provide our happily ever after. How were we to know that our own hard work, skill and determination could be far more effective? Once upon a time, my husband and I started our business sharing a desk. As he developed our product…

Read More

Op-ed: SBA loves Rio Grande Valley Small Businesses

Local assistance for small businesses It is exciting when a new business opens in the Rio Grande Valley, and we LOVE it because it strengthens both the community and the economy. The latest U.S. Small Business Administration Office of Advocacy stats show small firm openings have accounted for 40 percent of the “new” American jobs over the last two decades. During the first quarter of fiscal 2017, SBA approved 31…

Read More

Starting a business? Info workshops kick off

Series of informational workshops for growing or starting a business kicks off Feb. 10 The U.S. Small Business Administration has organized a series of a number of informational workshops through May 12. The sessions help small business owners or anyone thinking about starting a business to properly start, build and grow. The sessions also provide an opportunity to connect with representatives from federal, state and local business resource agencies. The…

Read More