Commercial Real Estate Financing Available Through SBA 504 Loan Program

McLean, Virginia (PRESS RELEASE – February 19, 2011) – Starting February 28, 2011, the U.S. Small Business Administration’s (SBA) 504 loan program will begin accepting applications for refinancing of existing qualified real estate debt for small business owners who are facing impending balloon payments before December 31, 2012. In a recent press release, SBA Administrator…

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GE Capital, Franchise Finance Provides $5.8 Million to Dunkin’ Donuts Franchisee, First Cup, LLC

GE Capital, Franchise Finance a DDIFO Sponsor, provides $5.8 million in financing to Dunkin’ Donuts franchisee, First Cup, LLC. The facility includes a $4.1 million term loan and a $1.7 million development line of credit, which together will refinance existing debt and provide capital for restaurant expansion. Funding was provided through GE Capital, Franchise Finance’s bank affiliate, GE Capital Financial Inc.

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The J. M. Smucker Company Announces Coffee Price Increases

The J. M. Smucker Company (NYSE: SJM) announced today that it increased the list price for the majority of its coffee products sold in the United States, primarily consisting of items sold under the Folgers® and Dunkin’ Donuts® brand names. Prices will increase an average of 10 percent on impacted items.

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Green Mountain Shares Surge on Cups of Keurig

The Boston Business Journal reports that shares of Green Mountain Coffee Roasters Inc. (Nasdaq: GMCR) surged 15 percent Thursday morning after the company said sales at its Reading-based Keurig single-cup brewing business surged 89 percent in the fiscal first quarter.

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Health Care Law & Politics

Examiner.com reports that Monday, Florida Federal District Judge Roger Vinson ruled that last year’s Patient Protection and Affordable Care Act is unconstitutional in its entirety. In a sweeping ruling, Judge Vinson held that the “individual mandate provision”, an unprecedented extension of Commerce Clause authority by Congress that requires all citizens to obtain health insurance by 2014, is not only unconstitutional but also “necessary and essential to” the entire act.

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Senate Votes to Repeal the 1099 Requirement for Business from Healthcare bill

Examiner.com reports that Small business cheered yesterday as a bi-partisan vote in the Senate took place to repeal the 1099 requirement that was placed into the massive Healthcare bill passed last year. This requirement had been seen as a massive ‘tax’ on both people, and small businesses as it would have required anyone performing any transaction equaling or exceeding $600.00 to issue a 1099 form as part of the process.

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