| Show - nlrf StA:jattip ' 717-ES 1” - ? '4'4Ns10444Akc:o!4-wrairsf:)c-i---- e -- '''t7':!s"'7-'wk6134acatiu- ' - - - ''' "' ": r''' ::''' 7" :':Z''"" "e'-'- '7 '' : 4" 4 s I " 1 ) I Business Portrait I I 4 i I 11 SBA Director Brings Broad Perspective i To Job Requiring Sensitivity to Issues 1 public know that those programs are available to them" Mr Nakano said the perception of the SBA has undergone a renaissance of sorts since the black days of the early Reagan administration when its image was tarnished by the director of the Office of Management and Budget David Stockman who suggested the organization be abolished He noted that the SBA's loan loss rates nationally in recent years has been right around the 37 percent mark which he said goes against the view of some that the SBA serves as the lender of last resort "In terms of the business community I think that the perception has improved immensely I think that we are now perceived first and foremost as a supporter and certainly as advocates of small business" Mr Nakano said He pointed out that last year in the Salt Lake district that the SBA's loan volume increased some 65 percent climbing to $40 million from the previous year's $24 million The SBA Mr Nakano explained guarantees up to 90 percent of loans made by SBA approved banks to small businessmen The banks in turn can turn around and sell that guaranteed portion of the loans in the secondary market And those sales in turn provide participating financial institutions with additional funds that can then be loaned to businesses that meet SBA loan qualifications "With SBA loans we can provide much better terms than what banks would be able to offer alone" he When Stan Nakano was named director of the Salt Lake City District Office of the Small Business Administration in July he brought to his new position an unusually broad perspective of the organization In fact as Mr Nakano pointed out he has been on all sides of the SBA fence He has dealt with the SBA at the side of the hopeful entrepreneurs anxious to secure financing for a new business as an SBA loan specialist in a local bank and as an SBA loan portfolio manager in the Salt Lake District Office "It has been a real benefit to me to have seen the SBA from all those different perspectives" Mr Nakano said "It has made me a lot more sensitive to the issues and problems that both the public and the SBA have to deal with on a regular basis" When Mr Nakano speaks about the various programs the SBA has to offer it his enthusiasm is apparent And he just wishes more people were aware of the benefits that they can get by taking avanage of the ad- ministration 's programs Among SBA programs are the Service Corps of RetiredActive Executives which counsels and helps small business owners the Women in Business Program designed to foster women owned businesses the Rural Economic Development Program the Minority Small Business Program to name just a few Mr Nakano said "We have a great number of programs all designed to either foster or encourage new and existing businesses" Mr Nakano said "But one of our problems is just letting the - s Worldwide: Firm Promotes Slick Idea By Ira Breskin Journal of Commerce Tapping a growing market Federal Express Corp is promoting carriage of skis from the customer's door to slopes worldwide "We will send them anywhere we go" said William Kelly Federal Express' station manager in Aspen Colo By using Federal Express service skiers pay a premium for convenience and the assurance that equipment will arrive as promised Federal Express guarantees delivery of the gear handled like any other shipment said a spokesman for the company Memphis Tenn-base- States and $3650 for shipment Sending that same equipment to the French Alps costs considerably more — $150 Federal Express executives say that ski shipments aren't large by volume but are disproportionately important That's because they're usually tendered by Federal Express' core target customers corporate executives who traditionally help choose an express carrier In select markets however ski shipment volume is significant especially during peak winter season For the Aspen station this equipment accounts for 10 peicent traffic during peak holiday periods Kelly said Ski traffic has grown over the past several years since Federal Express first offered the service In fact when demand justifies it Federal Express will charter small aircraft to haul excess gear second-da- d For domestic shipments the - charge is based on weight not distance Weight and distance however factor into the cost of international carriage Ski equipment weighing 25 pounds costs $6375 for overnight delivery anywhere in the United I c- P3 The Salt Lake Tribune Sundry November 26 1989' y :::: ::i::::---------1ERE31- Ai - broad:wed by :014PUTIM Hard DiskFloppy Drive 1:1 Interleave Controller Hercules® Compatible Graphics Card TIL Monochrome Monitor 1 2 Megabyte Floppy Drive 8Mhz BUS IO Speed FCC and UL Approved Intel Processor 80286-1- 2 8Mhz12Mhz Switchable Speeds I MEG 100ns RAM Keytronics 101 Keyboard SETUP Utility in ROM Made In the USA L i!:::01 26978400 5 3596 South 300 West Authorized EVEREX Resetet 1 11 ! triortmil 00140 ' ofew : 'fli tMOW inskomiN SAVE: :: - 41 :' a 1 :' : :: t :! :: - :'' :': : ey 4: '::: ::::H :: ::: :: : i '': ' ::" ': ' :- 1I1 e 7l" ' 0-- ik :::c: 'i' :11:1::: : :: !:: :::'::: :: ::::-:- ::::': ::: :: nesses" iiii :: t:!1:it::1 there often called ::::: :::A:' i '"'- x " 14:4 :::- ' i i : i :' 1'9 :::::::' :i ! 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''': ? r 1f 1::: :::::::-- for him to put together loan information packages for clients who were seeking SBA loans From there Mr Nakano joined Valley Bank & Trust Co and went to work in the bank's department that handled the administration of SBA loans "Prior to leaving Valley Bank I was manager of their SBA department" he said In 1983 Mr Nakano joined the local SBA office as a loan specialist And in 1986 he was made chief of portfolio management responsible for the servicing and administration of the local district's loan portfolio "So many time I can remember when I was with Medcu how we were turned down for funds Now I can look back on that experience and understand better what happened from all perspectives" he said He added that in the past there was always the perception that in order to get an SBA loan it was necessary to wait forever and ever "But we now have programs in place where approved lenders have the authority to approve loans with ut a full blown review by the SBA" Mr Nakano said And in addition he said that there is no limit on the size of an SBA loan as was the case in the past The father of an eight year old son Mr Nakano said in his spare time his favorite ppssion is golf He also enjoys skiing 14:::g :'- 15:::: I I :::117-:- :i:::: ' '::4:::i:!4:::::i:::::1:::::::: g :4::4'I" 14 - " :: - - ' - ::: ' o" - -- - ) ' z f :r ' 11 ':::i ii 1:- - 7 f411i::: k t i rt::'': i n4 ' 4 - '''F'''' ('au A si4'- ' '" - ) ''t 4? -- We 74 -: ::::::'1::!::: 4-- T - 111::7' ) - fin110000C 1? :: 4V' CI - ':44k ': -(- :: ' ''' Ilk ' —L ' )4--- 40:)1 —Tribune Stott Photo by Jett Allred the issues and problems that the public and SBA have to deal with on a regular basis Having looked at the SBA from both sides Stan Nakano says he is more sensitive to Analyst Predicts Recession Tells Investors to Escape James Stack editor of Investech Market Analyst in Whitefish Mont and a market bear says he ironically came face to face with the real thing Stack who's been negative on the fused than ever Add to that the October 1987 and 1989 panics and the over program trading controverl: ave enough anxiety to scare buyers away from stocks While he's negative on stocks Stack says AAA corporate bonds apd Treasury securities are good invest ments Stack He got out of the bear's way which is what he is advising his readers to do Stack believes a recession is on the way He says investors have become deluged with so much investment information from newspapers and television that they are more con- - stock market for about two years says he was rambling through the woods in Glacier National Park recently when he came upon a grizzly "Whether it's a grizzly in Glacier or the faint image of a bear on Wall Street I've learned to treat both with the respect they deserve" said By Andrew M Gluck New York Daily News Talk about a bearish outlook ' ' °meE elloe h01170 l'Po lilloommoo 4 :::: Applieilile 1 do A e: t t W 44 cp s — a 14' Oi (1golda''901 :: 'i 6:1::'':i:::: :::::::::::::: : 4 0 oPCisanisIan or A 011 Iti hll :::: :: f El AVAILABLE ::::: - ::::::(:::::ifif:q - h'r7rll"T73rr:rr'H::'7:77ET:::1i77:-'—:---'1:i"---::-7:::"-''':::!- " :: 'ir!! - -- : as 1- N' ::::::::::::: a' r'!-riyias es as as a I Ia a'a ' '07 1 : --- :(-A:'i ''' - a 1 0' $ I $ li li Irtz t1: i 9 s I Is" t -- I 1t - -- I' 9 - ' - ': f' - - zer7 i 1 : -- - f" ' --- r-- Z 4 :14ILH r 1 44 ‘ ' on-lin- ) N 111 '7 0 A O 11 ipd — g In fact we've been selling so many of them that Apple Computer Inc has invited us to become one of only thirty computer So limber up your pointer finger and come in for a test drivel It's worked for over ten years for thousands of customers dealers nationwide to join their Major Reseller Accounts program That means Maybe this year you'll let it work for you And if you don't know about Apple computers get to know us because we more resources and better service to do This may be the year for you to look into the Apple Macintosh s re on your way Its easy to 60 South State -5 Salt Lake 268-88-- 7 East 400 South Suite ()I() 328-i21)- 0 - — I A6!hontra simgiutmv:Ke like no one else around! Alpine Computing pod thnt 1 --- - Logan r 7 you ere' s no better tt ime to buy than right now Take advantage of special holiday incentives use A UBS ' that you find exactly what you need and just as willing to train you so you'll enjoy using it It's (mr way of selling letting you in on all we know about your new Apple Alpine Computing We've been selling them for more than a decade Just as no man can live alone in today's complex world no PCs should work alone in a busy office Uinta Business Systems understands that each office's information needs are different That's why we offer you a choice From hooking up PCs in a traditional network to the power of UNIX micro's with terminals we have all the connections you need As an authorized dealer for IBM Compaq Novell Hewlett Packard and other leading hardware and software manufacturers with the best in we can put you e choices never end The the industry Call us today at 486-504- 1 for a Busi- Uinta Uinta Business Systems free consultation and bid 300 West South SIE ness Systems 2865 - If you're k)oking for a home computer or a network of hundreds you'll find we're just as attentive just as concerned When comes to buying computer the dealer you buy it from is just as important as the computer you buy And when it comes to Apples computers no one knows them quite like a it 101" I 4 r 71 y t & tJe: ' - - I 1 " '' : - PRICE: S1345 '' i :: !!:!':::::::::::::::'!it::1: TNATIONAL 1753 :1: :: ::: 441 : !ii:!:::!$i--- : :'1K''::': :H 4 d He said his work I ''' 1 i ! '''':'-3:'-:---- :''::' ::: ::ki) :::-:-:: non-prof- it HH:''!::'! ' ' e' W :" ::::::':: illiii::::::1 - -' i:! :4L' :: ' 11V14!- : As':::: : :i:::: "One of my first jobs right out of college was working for a corporation called Medcu" he said "The main purpose was to provide management and technical assistance to minority-ownesmall busi- : r:- Trap !::!!'::i:1:::: !::i'l:":: 'i:1: ' e04414?:A:i 'N :: :::::: :': J::::::"! ' - :1:'A1:::: " :::: ' - 'N- Cet011 :1rgi'A 4't4' 10r :::::::::41p24:::::7" t ::'' 4'''''' "'' 't: 1 :::!!::!::::i1!:::::: 'E'l:: '' :' - - ' :: S4 N: 'Ak ' 1r'4: 1i:: ::: ' '::- ::1 ff' :: 1It ' Alk''''"'4 — 1 vottit14 ::::: :: :: ::::"0 04:: 9' 'i 11 in 1977 L: S3098 LIST: tt : :::: l' moved to Southern California with the idea of enrolling at either Long Beach State University or the University of California at Los Angeles However after a brief stint working for the Seiko Watch Co in Gardena Calif he decided to enroll at the University of Utah and earned a bachelor of science degree in finance !: E:3 — Act - glt:i ber State College but eventually I - - t Mr Nakano was born in Salt Lake City and raised in Roy In the early 1970's he attended two years at W e- - i'i -7 :i'i':!H::'i'--v--7i-:- :: said BILACKETT' COMPUTER SERVICEI AG! 12 Mhz:286i SYSTEM :::: - Orem Salt Lake City Ogden Idaho Falls Rich:ield St - George ' kppit ihe Apr) i y Ind NIJIritt d t(' frocred t kpl : ' I 0 p) : i ? - - WIP!PP111k00!"01111MOVIIItbWitrAda MIIIIIIV041PWRIPMWMPtemMOr 144t-n- t |
