Category Archives: Lending News

The Six Biggest Hits to Your Credit Score

CreditScoreWith the focus on credit quality these days, the credit scores of principals/guarantors in the application process of securing a loan has become a greater focal point among lenders. Even Commercial Real Estate lenders (like life insurance companies) have paid more attention to credit scores over the last 2 years since the economic recession has taken hold. In fact there are few things in your financial life that affect your ability to secure credit more profoundly than your credit score. However, it still remains a relative mystery to as to what financial ‘episodes’ really affect your score dramatically and which don’t. Some activities can just ‘scratch’ your credit score, while others can ‘dent-in the whole fender’. Continue reading

Arkansas Capital Corporation Is Pleased to Showcase the Work of Neal Harrington, Tammy Harrington, and David Mudrinich

Adam FaucettThe Arkansas Capital Corporation Group (ACCG) is dedicated to helping small businesses and entrepreneurs throughout Arkansas succeed. Arkansas artists are certainly entrepreneurs. In 2013, ACCG began showcasing the work of Arkansas artists in our offices and began hosting open houses open to the public to help support the artists, as well as provide our community of staff, clients and visitors with a chance to be inspired by the art and be able to network at our offices as part of downtown Little Rock’s 2nd Friday Art Night. We are continuing that successful public-artist venture with the April 10th Friday Art Night with works by Neal Harrington, Tammy Harrington, and David Mudrinich in a show titled “Inside the Valley”. Robert Bean is the show curator.

Along with the art exhibit, there will be a free performance by local favorite Adam Faucett! Called “one of the greatest, most thoughtful lyricists the state has to offer.” His music is best described as part folk, part blues, part elemental rock stomp, part unidentifiable cosmic holler. “Nothing can prepare you for the sound that comes out of his mouth when he sings—or bellows—his stellar songwriting. It is a soulful power beyond belief.” To listen to a sample of Adam Faucett’s music, visit his website at www.adamfaucett.com.

Whether you are interested in learning more about the many lending products or just need a little visual inspiration, please stop by our offices Friday, April 10 from 5-8 p.m. Light hors d’oeuvres and drinks will be served. The artists will all be at the event to discuss their work, and all work is for sale with proceeds directly benefiting the artist.

Our offices are located at 200 River Market, Avenue, Suite 400, Little Rock, AR 72201. Two nearby parking decks, as well as street parking are available. We are at Trolley Stop 10. Additional details about the trolley are available here. Continue reading

What Is Your Business Really Worth?

BusinessWorthAt some point, the answer to this question will be critical to all business owners. You may want to sell your company, bring in new investors or partners, or consider an Initial Public Offering (IPO). You may need to determine value for purposes of estate planning. Or, you may simply want to do some competitive analysis and evaluate your company from a market perspective.

Because some of these questions can arise suddenly, performing a complete valuation and periodic updates is a healthy practice for growing small businesses. Continue reading

Is Your Small Business Export Ready?

This month is all about business exporting. Each week we have talked about exporting and how it can benefit your small business. The first article introduced you to exporting and provided you with a guide to small business exporting. Last week’s article gave you 8 reasons why you should export. This week we want to determine if your business is ready for exporting.

To find out if you and your business is ready for exporting, ask yourself these six questions: Continue reading

Why Export?

import-exportLast week we provided a small business guide to exporting and tips on how you can get started with exporting. If you missed the article, click here to read: Small Business Guide to Exporting.

Continuing this week on exporting, you might be asking why it is important to export or where you can find out more about exporting. Below, the U.S. Small Business Administration offers these eight reasons to export:

 

  1. Decline in the exchange rate of the dollar is resulting in increased purchasing power in many export markets
  2. The U.S. has manufacturing capacity and lots of workers available
  3. Costs for transportation and communication have dropped
  4. Trade barriers have been reduced
  5. Exporting can increase sales and profit
  6. Increase market and reduce dependence on domestic markets
  7. Extend the sales potential and product life of existing product
  8. Stabilize seasonal market/sales fluctuations.

Continue reading

Small Business Guide to Exporting

import-exportWith the emergence of e-commerce, businesses can now sell and ship their products around the world much easier than in the past.

Many small businesses don’t think they have the ability to export their products. Just figuring out where to get started often seems like a monumental task. There are quite a few resources out there that can help jump start exporting for your business.

 

The Small Business Administration (SBA) offers lots of great resources for helping get started. One is the Export Business Planner.

This downloadable tool allows you to save and customize your work as you progress through the tool. The tool includes:

  • How to determine your export readiness
  • Training and counseling information
  • Worksheets for global market research
  • Financing information and options
  • Customizable export business plan and marketing plan templates

Continue reading

Arkansas Capital Corporation Is Pleased to Showcase the Work of Neal Harrington, Tammy Harrington, and David Mudrinich

2nd Friday Art NightThe Arkansas Capital Corporation Group (ACCG) is dedicated to helping small businesses and entrepreneurs throughout Arkansas succeed. Arkansas artists are certainly entrepreneurs. In 2013, ACCG began showcasing the work of Arkansas artists in our offices and began hosting open houses open to the public to help support the artists, as well as provide our community of staff, clients and visitors with a chance to be inspired by the art and be able to network at our offices as part of downtown Little Rock’s 2nd Friday Art Night. We are continuing that successful public-artist venture with the March 13th Friday Art Night with works by Neal Harrington, Tammy Harrington, and David Mudrinich in a show titled “Inside the Valley”. Robert Bean is the show curator.

Whether you are interested in learning more about the many lending products or just need a little visual inspiration, please stop by our offices Friday, March 13 from 5-8 p.m. Light hors d’oeuvres and drinks will be served. The artists will all be at the event to discuss their work, and all work is for sale with proceeds directly benefiting the artist.

Our offices are located at 200 River Market, Avenue, Suite 400, Little Rock, AR 72201. Two nearby parking decks, as well as street parking are available. We are at Trolley Stop 10. Additional details about the trolley are available here. Continue reading