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Connection between business models and obtaining commercial loans

By Eugene E. Valdez AKA The Loan Doctor I have written about business models in previous articles submitted to IE Business Daily. The reason is that well-crafted business models are so important in influencing bankers and lenders to loan money to small, privately owned businesses.  A well thought business model …

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City to break ground on sports complex

Fontana will hold a groundbreaking ceremony next week on Central City Park, its much-anticipated sports facility. The event, scheduled to begin at 10 a.m. Oct. 17 at 8380 Cypress Ave., will mark the start of the 14.5-acre project behind the Cypress Community Center, according to a statement on the city’s …

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Fund to help provide clean water

Cadiz forms partnership to improve water quality

The Fenner Valley Water Authority has created a $5 million fund that will help small water systems in Southern California improve their water qualtiy. The Southern California Clean Water Fund will be underwritten by Cadiz Inc., developer of the Cadiz Valley Water Conservation Recovery and Storage Project in the Mojave …

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Inland daycare center sold

A children’s learning center in Fontana has been sold. Tutor Time, a stand-alone building at 14273 Baseline Ave. sold for $4.6 million, according to Progressive Real Estate Partners in Rancho Cucamonga. Progressive Real Estate represented the seller in the all-cash transaction, a private investor in San Diego whose name was …

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Wells Fargo Credit program cheats retailers, lawsuit claims

Article By L.K Edwards Like many retailers throughout the country, third-generation jewelry store owner John Silverman wanted to offer his customers the ability to finance large purchases with zero interest. Using a credit program prescribed by Wells Fargo – one still used by countless retail businesses around the country – …

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City to use federal grant to build job training center

Perris has received $5.5 million from the federal government that it will use to help build a job training facility. The Perris Downtown Skills Training and Job Placement Center is expected to create 325 jobs and generate about $10 million in private sector investment, according to a statement. A construction …

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