Small business lending rebounds in South Florida

For years, Pablo Oliveira dreamed of buying a property to house his high-end linen and furniture rental company, Nuage Designs, which has created settings for such glamorous events as the weddings of Carrie Underwood and Chelsea Clinton.

A few months ago, that dream came true, when Oliveira purchased a warehouse across the street from his current Miami location. He is now renovating the loft-like space with the help of a $2.1 million, 25-year small business loan.

“It allows me to own my own space as opposed to renting, and that will decrease my costs for infrastructure and allow me to build equity with time,” said Oliveira, who secured a U.S. Small Business Administration-guaranteed loan from Wells Fargo.

For small businesses like Oliveira’s, a loan can be the critical key to growing a business, as well as the kindling to ignite an operation.

Take Harold Scott’s fledgling Great Scott Security, which manufactures window guards in Hollywood that can open quickly in case of need.

When he was 13, Scott’s stepfather perished in a Georgia house fire because he couldn’t escape through heavy window bars. Scott made it his mission to fix the problem.

“I promised myself I would dedicate all my time to working on a solution,” said Scott, 60.

Now retired from a 23-year career in the U.S. Justice Department, Scott recently secured a $7,500 microloan from Partners for Self Employment. He used it to buy a computer and pay for marketing and other business expenses for his quick-release window guards, which have met national, state and Miami-Dade County fire safety codes.

During the depths of the recession, business owners often griped that gaining access to capital was their biggest hurdle. Saddled with bad loans, many banks were wary of making new ones. At the same time, both the value of collateral and the creditworthiness of many borrowers tumbled.

Now, at last, banks are starting to open their pocketbooks again, experts say, though lending is still not on par with pre-recession levels.

“There is no question that small business borrowing declined as a result of the recession and has yet to recover to pre-crisis levels,” said Richard Brown, chief economist for the Federal Deposit Insurance Corp., via email. “According to the Federal Reserve, total loans to noncorporate businesses and farms stood at just under $3.8 trillion in September, which remains below the peak of about $4.1 trillion in the fourth quarter of 2008.”

Signs of Growth

In South Florida, more businesses are applying for loans and getting approvals from banks, according to lenders, officials at government agencies and leaders of organizations that help small business owners secure loans.

“Lenders are expressing a greater interest than they have in the past few years in terms of meeting the needs of the small business community,” said Marjorie Weber, Miami-Dade Chapter Chair of SCORE, which helps business owners put loan packages together and refers them to bankers.

Loan figures are indeed rising. During the fiscal year ending Sept. 30, 2012, SBA-guaranteed loans were up in both Miami-Dade and Broward counties, according to the SBA. In fiscal 2012, 449 loans were approved in Miami-Dade, totaling $213.3 million, up from 426 loans for $154.4 million in 2011. In Broward, 262 loans for $91.4 million were approved in fiscal 2012, compared to 257 loans for $102.4 million in 2011.

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1,600 hunters net 68 pythons in month-long hunt

Bolstered by a harrowing tale of wrestling with a 14-footer, three Fort Myers buddies have won the top general categories in the heavily publicized Python Challenge.

Dubbing their team “Is That a Snake In Your Pants?,” Paul Shannon, Jake Carner and Brian Barrows spent six days on the challenge, going to Conservation Area 3A west of Weston — a four-hour round drive from their Fort Myers homes.

On Saturday, at a news conference at Zoo Miami announcing the results of the challenge, Shannon, Carner and Barrows told about their greatest catch:

They were walking along the shore line of a tree island about 2 o’clock one afternoon. Shannon looked back to see that a foot of mud had fallen off a long python that was slithering through the slime.

Shannon drew a Judge pistol that uses .410 shotgun shells and shot, apparently grazing it. As he stopped to reload, Carner grabbed the python to pull it out of the mud. The snake’s head swung around and lunged at him. Carner fell back into the bushes.

The python coiled again, getting ready to strike. “This was seriously intense,” said Shannon. “Its girth must have been at last two feet.”

Shannon then shot it twice in the head.

The team won $1,000 for their 14-foot, 3-inch python and Barrows was awarded $1,500 for catching the most pythons — 6 — in the general category.

They were among the 1,600 registered competitors from 38 states and Canada to take part in the hunt. Organized by the Florida Fish and Wildlife Conservation Commission, the competition was intended to raise awareness about the dangers of outside species invading the state, and it certainly did that. More than 10 news video cameras were on hand to record the winners of this first-of-its-kind event that has drawn national attention. Even Sen. Bill Nelson took time out for some python hunting.

It wasn’t an easy task. The final count was 68 pythons caught during the month-long contest — meaning that more than 95 percent of contestants trekked through the Everglades without bagging anything.

Ruben Ramirez of Miami, a veteran hunter, won the python permit holders competition by “harvesting” — the phrase used by the organizers — 18 pythons. He also led permit holders with the longest python — 10 feet, 6.8 inches.

Ramirez, 40, said he worked with a team, Florida Python Hunters, which has its own website. They hunted for 27 of the 31 days of the competition, logging more than 500 miles and spending $2,500 on fuel and food, in order to nab their 18 pythons, he said.

His team won $1,500 for the permit holders’ most catches and another $1,000 for the longest — the same amounts won by the Fort Myers group in the general categories.

Ramirez’ colleague, George Brana, said they found the best hunting was early or late on cool days, when the pythons come out to sun themselves. “We have years of experience,” Brana said. “We know where to look.”

Coming in second in the most snakes competition were Bill Booth, who caught five in the general category, and Blake Russ, who caught five in the permit holders group. Each received $750.

Second place for longest caught went to Rigoberto Figueroa, who caught a 14-foot, 2.3-incher in the general category, and Ramirez, who harvested a 10-foot, 3.6-incher in the permit category. Each received $750.

The Zoo Miami event included tents set up by more than a dozen organizations to publicize the dangers of invasive species and the values of nature in Florida.

The exhibit area, open for six hours Saturday for zoo and other visitors, discussed dangers such as the lionfish, which preys on native fish by Florida reefs.

A University of Florida exhibit had a live Argentine black and white tegu, a large lizard-like creature that, like many exotics, is purchased as a pet and then released in the wild, where it threatens wading birds and crocodile eggs.

Python Challenge T-shirts sold for $15, caps for $10 and $20.

The Fort Myers team had plenty of fun with its victories. Shannon gave a mock Oscar-style acceptance speech, attributing his success to being a “retired junior naturalist” from Sanibel Elementary.

His father teased him that he better enjoy his 15 minutes of fame, but by that time, he’d already been talking to journalists for 30 minutes.

Asked if he was going party with the winnings, Shannon, a home health aide, said, “Hey we party every night. We live in Florida. Life is a party.”

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Hugh Grant is a Dad Again

Hugh Grant confirmed Saturday that he is a dad again.

PICS: Celebs and Their Cute Kids

The 52-year-old British actor tweeted, "In answer to some journos. Am thrilled my daughter now has a brother. Adore them both to an uncool degree. They have a fab mum."

Hugh and actress Tinglan Hong welcomed a daughter named Tabitha in 2011. No word yet on what Tabitha's little brother is named.

Related: Hugh Grant Responds to Jon Stewart Diss

Hugh told The Guardian in 2012 of being a dad, "I like my daughter very much. Fantastic. Has she changed my life? I'm not sure. Not yet. Not massively, no. But I'm absolutely thrilled to have had her, I really am. And I feel a better person."

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19-year-old college student dies after boozing in East Village; she had heart condition

A 19-year-old college student from Long Island collapsed inside an East Village lobby then died this morning after a night of bar-hopping, police sources said.

A doorman discovered Jocelyn Pascucci — a Stony Brook University student from East Meadow — unconscious in the lobby of the building at East 12th Street and Third Avenue just before 5 am.

She had been bar-hopping in the neighborhood and drinking heavily, which may have exacerbated her heart condition, law enforcement officials said.

Pascucco, a Marine Vertebrate Biology major, got separated from friends and walked a short distance to the apartment building, wearing only one shoe, police sources said.

A doorman told cops he let her into the building because she looked cold and drunk, police sources said.

Paramedics then rushed her to Beth Israel Hospital, where she was pronounced dead.

Cops said there was no sign of trauma.

Pascucco loved nature and dreamed of doing environmental conservation work, according to an online profile.

"I plan on going into conservation or consulting," she wrote.

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Sign up for Feb. 21 Miami Herald Small Business Forum

Prepare your best pitch for the Miami Herald’s Small Business Forum, Feb. 21 at the south campus of our sponsor, Florida International University.

In addition to how-to panels and inspirational stories from successful entrepreneurs, our annual small business forum will include interactive opportunities with experts to learn about financing options and polish your personal and business brands.

During our finance panel, audience volunteers will be invited to explain their financing needs to the group. During our box-lunch session, they will be invited to pitch their business or personal brand to our coaches.

Those who prefer just to listen will be treated to a keynote address by Alberto Perlman, co-founder of the global fitness craze Zumba. Panels include success stories from the local entrepreneurs who founded Sedano’s, Jennifer’s Homemade and ReStockIt.com; finance tips from experts in small business loans, venture capital, angel investments and traditional bank loans; and insiders in the burgeoning South Florida tech start-up scene.

Plus, it’s a real bargain. $25 includes the half-day seminar, continental breakfast and a box lunch.

Register here.

Program

8 a.m.

Registration and continental breakfast, provided by Bill Hansen Catering

8:30 a.m. Welcome

Host: David Suarez, president and CEO, Interactive Training Solutions, LLC

•  Jerry Haar, PhD, associate dean & director, FIU Eugenio Pino and Family Global

Entrepreneurship Center

•  Alice Horn, executive director, Network for Teaching Entrepreneurship (NFTE South Florida)

•  Jane Wooldridge, Business editor, The Miami Herald

Miami Herald Business Plan Challenge Overview:

•  Nancy Dahlberg, Business Plan Challenge coordinator, The Miami Herald

8:45 a.m. Session I – Success Stories

Moderator: Jerry Haar, PhD, associate dean & director, FIU Eugenio Pino and Family Global

Entrepreneurship Center

Speakers:

•  Jennifer Behar, founder, Jennifer’s Homemade

•  Matt Kuttler, co-president of ReStockIt.com

•  Javier Herrán, chief marketing officer, Sedano’s Supermarkets

10 a.m. Session II – All about Tech

Moderator: Jane Wooldridge, Business editor, The Miami Herald

Speakers

•  Susan Amat, founder, Launch Pad Tech

•  Nancy Borkowski, executive director, Health Management Programs, Chapman Graduate School of

Business, Florida International University

•  Chris Fleck, vice president of mobility solutions at Citrix and a director of the South Florida Tech Alliance

•  Charles Irizarry, co-founder and director of product architecture, Rokk3r Labs

11:15 a.m. Keynote

Speaker: Alberto Perlman, CEO and co-founder of Zumba® Fitness

Introduction: Jane Wooldridge, business editor, The Miami Herald

11:45 a.m. Session III – Show me the money: Financing your small business

An interactive session featuring audience volunteers who will be invited to make a short investment pitch before a panel, including experts in microlending, SBA loans, traditional bank loans, venture capital and angel investing. Audience volunteers should come prepared with a two-minute presentation that includes details about current backing, how much money they are seeking and a brief synosis of ow that money would be used.

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Opa-locka’s Sherbondy seniors have fun ‘on the move’

With Valentine’s Day approaching, Commissioner Luis B. Santiago bestowed ‘lots of love’ to over 150 of Opa-locka’s most valued residents when he hosted the ‘Seniors on the Move’ Extravaganza on Saturday, Feb. 9, at Sherbondy Village, 215 Perviz Ave. in Opa-locka, sponsored by the mayor and commission in partnership with the Parks and Recreations Department. The guests of honor, representing six to nine decades of history, celebrated their youth and razor-sharp skills by line-dancing, responding with quick wit and competitively vying for prizes during multiple rounds of Bingo. Among the prizes were gift cards, toasters, crock pots, coffee makers, china, flatware and other gifts.

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Malibu Country Star Sara Rue Gives Birth to Daughter Talulah

Sara Rue is a new mom!

The Malibu Country star tweeted the happy news on Friday, announcing that she'd given birth to her first child a few days earlier.

Pics: Star Sightings

"Had the best Valentines day w/my husband & our new baby daughter Talulah," posted Rue. "She was born a few days ago & we couldn't be more in love w/her."

The star, 33, announced her pregnancy with husband Kevin Price last September. The couple tied the knot in May 2011.

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Stripping mom halts school assembly

ALBANY — Police say a parent who got on stage and started to strip during an upstate New York school assembly is facing child endangerment and lewdness charges.

Albany police say they arrested 24-year-old Aydrea Meaders at the North Albany Academy at about 10:30 a.m. Friday.

They say school staff told them the assembly was halted and the cafeteria cleared after Meaders began dancing onstage and took off some of her clothes.

She's charged with seven counts of endangering the welfare of a child and one of public lewdness.

An Albany City Court clerk says Meaders was arraigned Friday afternoon and ordered held on $3,000 bail. She doesn't have a lawyer yet.

The North Albany Academy is a pre-kindergarten through eighth grade school in the Albany district.

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South Florida trade shattered records in 2012

It was a golden year for international trade through the Miami Customs District in 2012, as South Florida’s airports and seaports handled a record $124.73 billion worth of trade and cracked into the nation’s Top 10 customs districts for the first time.

But the Miami district’s top exports and imports were also golden. Since 2009, gold from countries such as Colombia, Mexico, Guyana and Peru has been South Florida’s top import as skittish investors bought the precious metal, pushing its price to lofty heights. In 2012, gold also became the top export of the Miami district, which includes airports and seaports from Miami to Key West.

Last year the district imported a record $7.25 billion worth of gold — a 42 percent increase over the previous year, according to new U.S. Census Bureau data analyzed by WorldCity, a Coral Gables media company that focuses on U.S. connections to the global economy.

But almost as quickly as the gold arrives, it is shipped out, primarily to Switzerland and to other European countries in smaller amounts. Last year the Miami district exported a record $7.93 billion worth of gold.

The gold business is a “relatively recent phenomenon,’’ Ken Roberts, president of WorldCity, said at a Trade Connections event in Coral Gables Friday that analyzed the past year’s trade numbers.

Global economic uncertainty, he said, has driven people to the safety of gold and that has pushed up prices. Not only are central banks buying gold; so are many jittery investors.

Miami became the nation’s leading importer of gold in 2009 but imports only totaled $2.14 billion then. Over the past 10 years, the Miami district’s gold imports have increased by 2,420 percent and gold exports are up a whopping 13,433 percent. That corresponds with a huge run-up in the price of gold over the past decade — gold prices increased from around $300 an ounce in mid-February 2002 to $1,730 an ounce in mid-February 2012.

But the volume of gold trade through Miami also has increased.

Roberts noted that overall, Miami district exports increased to a record $73.3 billion, up nearly 6 percent from the previous year, and imports totaled a record $51.4 billion — a 17 percent increase.

Most interesting, said Roberts, is that the Miami District made its move into the ranks of the nation’s Top 10 Customs districts, by value of trade, at a time when the U.S. economy has been sluggish. But 30 percent of Miami’s trade is with South American, Central America and the Caribbean, and many of the Latin economies have been relatively resilient throughout the U.S. downturn.

Brazil remained the Miami district’s No. 1 trading partner in 2012 with $16.4 billion in total trade — a 6.4 percent increase.

“Brazil has had a tremendous decade and they’re a little smug about it,’’ said Scott Miller, a senior adviser at the Washington-based Center for Strategic and International Studies and former director of global trade policy at Procter & Gamble. “It’s a tough place to do business and they know it and don’t seem to want to do much about it.’’

Miami traders acknowledge that restrictions and high tariffs make the Brazilian market difficult, but Latin America’s largest economy is so big and diverse that it’s still very attractive. Brazil also is the top source of international visitors to Miami-Dade County.

Colombia, with $9.89 billion in trade with the Miami district, was the 2012 runner-up, and Switzerland, with $8.8 billion in trade with South Florida, was third.

But trade statistics only tell part of the story of international commerce.

Miller pointed out that increasingly, world trade involves the exchange of components rather than finished goods. If one takes out oil, he said, half the world’s trade is in components.

He pointed to Apple’s iPhone, which is made in China from U.S. and Japanese chips, a screen from Malaysia and other components from around the world. “So many things today are made in the world,’’ rather than manufactured start to finish in one location, said Miller. “What is really being done is that we make things together.’’

Every iPhone that is imported into the United States, he said, adds $178 to the U.S. trade deficit, but that doesn’t take into account all the jobs created by Apple’s inventions and design development, its sophisticated customer service system and its marketing apparatus.

“Stop looking at trade as a competition,’’ he said. “It’s a mutually beneficial exchange.’’

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Cooking classes at Miami Beach temple nourish the body and soul

Enjoying a meal without counting calories and doing diets has been a source of tension for most of Wendy Shanker’s life.

It was always that extra 10 to 20 pounds that consumed her.

Her wake up-call came after she spent $10,000 to stay a month in a spa and lost only two pounds.

“For my whole life food was an enemy, and it was a problem. Now I understand that food is nourishment for the body, but it’s also nourishment for the soul,” said Shanker, who has a 2-year-old daughter, Sunny, whom she hopes to guide in a different direction.

Shanker, a free-lance writer, her daughter and her mother, Myrna, a property manager, recently attended Our Family Table, a series of cooking classes at Temple Beth Sholom in Miami Beach. The classes, conducted by The Open Tent, teach cooking techniques and bring Judaism into the lives of unaffiliated Jews. The next class is Friday.

“We are really all about trying to build community. We’re trying to create connections for this group of unaffiliated Jews,” said Vanessa Ressler, one of the original board members who started The Open Tent in 2008.

Rabbi Gary Glickstein of Temple Beth Sholom was one of the people behind The Open Tent, which is loosely affiliated with the temple.

“It was meant not as a way to bring people to the synagogue, but help them in their journey to become part of the Jewish community,’’ he said.

Open Tent uses the temple’s space to host its events, which include a six-week program for expectant parents, called Shalom Baby; an initiative, called The Tribe, to engage young adults with Judaism; and Shalom Tots, a monthly program for new parents and their children.

Our Family Table’s cooking classes evolved from Shalom Tots. The classes are hands-on with the toddlers, with adult supervision.

“An event like that one is really one of the first steps that we can take in [Sunny’s] early life to get her on the road to understanding that food is more than just calories,” said Shanker, 41. “It’s family, it’s sweetness, it’s nourishment and it’s being part of a community.”

Chef Joy Prevor leads the cooking lessons, coaching the parents and their children through the ingredients, seasoning, and the right pots and pans to use. The food is prepared kosher style, but the recipes are not strictly Jewish.

“We wanted to be very practical and help these families learn how to cook and how to feed their families in a way that’s healthy, and simultaneously reflect on what role food is playing in their family life,” said Prevor.

Prevor, 40, who holds a master’s degree in Jewish studies, organizes the classes toward Jewish traditions, bringing in Jewish text from The Talmud for discussion. She teaches cooking techniques rather than just recipes.

“Once they learn certain techniques they can make their own recipes at home and feed their families in a healthy way, but it also allows them to engage their children in the process of cooking,” Prevor said.

During the first class, the children assisted their parents, played with cooking toys and colored in images on a storyboard with the steps of making the meal.

The parents learned how to make a banana smoothie, Greek salad with a vinaigrette dressing and moussaka, the Greek lasagna-type dish. Prevor’s idea is to teach one recipe for babies, a second one for parents on the run and a third one to store for the week.

The last class will focus on Shabbat, a religious celebration that happens every Friday after sundown and signifies the start of the Sabbath. It’s when families gather around the table to say prayers, reflect about their lives, spend time with each other and eat.

“So we are taking the essence of this tradition and providing people a very accessible way to incorporate it into their lifestyle,” said Rebecca Dinar, director of the Open Tent. “And from our perspective, it’s really about making Judaism relevant.”

Shanker enjoyed watching her daughter separate the parsley leaves and playing with other children. “I thought it was good for Sunny, as little as she is, to start feeling that there’s our family, but there’s also a bigger community that she is part of.”

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