Small Business Reading Room

Friday, June 19, 2015

Microloan Program Expands Access, Increases Opportunities for Entrepreneurs

The U.S. Small Business Administration (SBA) this week published a final rule for the Microloan Program, providing more flexibility to SBA non-profit intermediaries, expanding the pool of microloan recipients, and increasing accessibility in SBA programs. The change will make small businesses, with an owner who is currently on probation or parole, eligible for microloan programs, providing individuals with the highest barriers to traditional employment a means to reenter the workforce.

SBA’s Microloan Program, which is focused on startups, minority and other underserved markets, provides loans up to $50,000 to help small businesses and certain not-for-profit childcare centers start up and expand. Microloans play an important role in distressed communities where access to conventional lending remains a challenge. The average microloan size is approximately $13,000.

“Microloans are vital to small business development,” said SBA Mid-Atlantic Regional Administrator Natalia Olson-Urtecho. “Many of the businesses we see starting today just need a little boost of capital to get on their way. Providing additional access to those on probation or on parole ensures all have a chance to start over again and be the productive members of society they want to be.”

This action supports the goals of the Federal Reentry Council to reduce barriers to employment and reduce recidivism.  It also implements key recommendations of the President’s My Brother’s Keeper Initiative to increase access to jobs, reduce violence, and provide a second chance.

Other changes to the program also promote increased microloan activity and provide intermediaries with additional flexibility in how they manage program funds.  More information about the microloan program can be found at


Thursday, June 18, 2015

Planned (Temporary) Website Outage for is Now Over!

We're back up and online!

It lasted only 3 minutes. Not bad.

We hope that this necessary maintenance did not cause an inconvenience to any of our valued clients and prospective new customers. Thank you for allowing us to improve our website performance in order to better serve you!

Planned (Temporary) Website Outage for

From time to time maintenenace is required on any machine in order to assure it is working to the best of its ability. For or website server, that time is now.

Please be advised that we have scheduled a planned server reboot this afternoon for 4:30 PM EST.

For practical purposes, this means that our website,, will be unavailable for about 5 minutes while the server powers up and gets us back online. We apologize in advance to our valued clients and any prospective new customers for the brief, temporary inconvenience that this planned outage may cause you.

So what do you do?

Fear not fellow business persons, legal support staff and entrepreneurs! Our team is standing by and is ready to assist you via our toll free number (888) 324-1817 or international number (302) 266-9367 and as always via email.We can take your orders, process your payments, and make the brief inconvenience as painless as possible for you until our website is back online in a few moments.

Thank you for considering Delaware Intercorp, Inc. We appreciate the chance to serve you and your business needs.


Monday, June 15, 2015

The Nevada Secretary of State's Office Announces an Increase in Business Entity Fees

Do you own a Nevada business entity?

Things are about to get more expensive for you.

Effective July 1, 2015, the Secretary of State's office will implement the following fee increases to business filings, as stipulated under SB 483:

• The annual State Business License fee for corporations formed pursuant to Chapters 78, 78A, 78B, and 80 will increase to $500, from $200.

• The business license fee for all other entity types remains $200 per year.

• The fee for Initial and Annual Lists will increase by $25 for all entity types.

Any Annual or Initial List or State Business License application due by the end of August, 2015 or earlier, received prior to July 1, 2015 will be assessed the pre-July fees.

The fees for Annual or Initial Lists or State Business License applications, reinstatements and revivals received after July 1, 2015 will be calculated based on the new fees, even if for prior years.

Additionally, as of July 1, 2015, the State Business License will be referred to as the State Business Registration. 

If you need assistance with your Nevada entity, we can help! No matter if it is in figuring out what the new increased annual costs will be to maintain your company charter in the State of Nevada, or if it is in determining the costs and proceedure for converting your Nevada entity to a Delaware entity.

Contact our service team via email or by calling our toll free number 888-324-1817.

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Delaware Intercorp, Inc.
113 Barksdale Professional center
Newark, DE 19711-3258

"For all the best reasons to incorporate,the best place
is Delaware and the best incorporator is
Delaware Intercorp!"

Call Monday - Friday 09:00 (am) - 17:00 (pm) Eastern Time (GMT-05:00)

Toll Free - USA only - 888.324.1817
International: (1) 302.266.9367
FAX: 302.266.9940