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Latest News

—Staff photo by Paul Read

SNEDA takes strides to be bigger force in microlending

Spokane nonprofit joined with Seattle lender, hopes to get SBA authorization
July 29, 2010
Paul Read
A Spokane nonprofit that provides microloans and other assistance to small and startup businesses says it's taking major steps to rekindle its efforts, including a quest to become an SBA lender, the hiring of a full-time loan officer, and a planned
Read More

Most vacationing CFOs say they stay in touch with office

Survey findings suggest, though, that more now are trying not to do so
July 29, 2010
While most financial executives can't resist calling work when they're on summer vacation, it appears that more might be making an effort to avoid doing so.Sixty-nine percent of chief financial officers interviewed for a new Robert Half survey a
Read More

Equipment-finance activity survey shows biggest decline

New business volume plummeted 30 percent in 2009, association says
July 29, 2010
New business volume among a sampling of companies that belong to the Equipment Leasing and Finance Association fell an unprecedented 30.3 percent last year, says a newly released annual survey conducted by the association.That drop-off compared
Read More

Bank loyalty weakens, new survey shows

Decline most noticeable among customers of larger institutions, data indicate
July 29, 2010
For a fourth consecutive year, customer loyalty and perceptions of brand image among retail banking customers continue to decline, while satisfaction has leveled off, says an annual J.D. Power & Associates retail banking satisfaction study released
Read More

Bankers here foresee financial reform bill repercussions

Stacks of new regulations said to mean higher costs for consumers
July 29, 2010
Kim Crompton
Spokane-area bankers have widely varying opinions on the merits of the recently approved legislation to revamp the nation's financial regulatory system. One belief at least several of them share, though, is that the thousands of pages of coming new
Read More
—Staff photo by Kim Frlan

New U.S. Bank executive here looks to boost bank's market share

Now regional president, Linda Elkin says she will stress community involvement
July 29, 2010
Kim Frlan
Although its name might suggest otherwise, Linda Elkin wants Minneapolis-based U.S. Bank to become known as a community bank here. Recently promoted to Northeast Washington region president, Elkin oversees 21 U.S. Bank branches in Spokane and a
Read More

Cheney street work slated to begin at end of this month

Shamrock Paving, Spokane Rock Products bid $842,000 for arterial, residential streets
July 29, 2010
Kim Frlan
Twelve short sections of street in Cheney soon will undergo renovation. Shamrock Paving Inc. is the apparent low bidder for a residential street project, with a bid of $435,000, and Spokane Rock Products Inc. is the apparent low bidder for an a
Read More

Small Business Watch

July 29, 2010
New eye clinic opens in Indian Trail community Dr. Thomas A. Meyers, a Spokane optometrist, has opened Pacific EyeCare & Optical, at 5011 W. Lowell, in the Indian Trail neighborhood.Meyers says he opened his own practice, located in
Read More

Spokane man builds new-era packing machine

Owner says food packaging machines are hard to clean, can lead to contamination
July 29, 2010
Chey Scott
After more than five years of research and assembly, Mark Holderman, owner and founder of Spokane-based Madpacker Packaging Systems, is ready to sell a new food packaging machine he designed and built.While working in the packaging industry for
Read More

Partners buy building at Indiana, Ruby

Gallatin Public Affairs, Swindler to move there from Rock Pointe Tower
July 29, 2010
Kim Crompton
Three partners in the Gallatin Public Affairs consulting firm and Spokane attorney Geoffrey D. Swindler have bought a building at the northeast corner of Indiana Avenue and Ruby Street through a company they've formed called Big Problem Solvers and
Read More
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