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Associated Press
22-05-2025
- Business
- Associated Press
$1.48 Bn Perforating Gun Markets: Through Tubing Hollow Carrier & Exposed, Wireline Conveyed Casing, TCP - Global Forecast to 2030
DUBLIN--(BUSINESS WIRE)--May 22, 2025-- The 'Perforating Gun Market by Gun Type (Through Tubing Hollow Carrier & Exposed, Wireline Conveyed Casing, TCP), Well Type (Horizontal, Vertical), Depth (Up to 3,000 ft, 3,001-8,000 ft, above 8,000 ft), Pressure, Application, Region - Global Forecast to 2030" has been added to offering. The perforating gun market is poised to grow, projected to reach USD 1.48 billion by 2030 from an estimated USD 1.19 billion in 2025, reflecting a CAGR of 4.5% within the forecast period. Rising global energy demand, fueled by industrial growth, expanding transportation infrastructure, and increasing urbanization, is compelling oil and gas producers to enhance supply capacities. Onshore Segment Growth In applications, the onshore segment is expected to be the fastest growing within the perforating gun market during the forecast period. The market is bifurcated into offshore and onshore categories. Advances in perforating technologies have significantly improved operational efficiency and performance in onshore well completions. Enhanced reservoir targeting technology now allows operators to effectively reach reservoirs using WCP and TCP systems for perforating. Unconventional shale and tight oil onshore formations achieve optimal production by mitigating formation damage through these methods. Two recent advancements-wireless technology and electronic firing components in perforating systems-have bolstered operational flexibility by enabling remote activation and monitoring, thus diminishing dangers and cutting expenses in onshore processes. High-Pressure Well Demand When segmented by pressure, high-pressure wells are anticipated to capture the largest market share during the forecast period. These wells harbor substantial hydrocarbons under pressure, offering major production opportunities. Operators rely on high-performance perforating guns to access such reserves, ensuring precise perforation even under extreme conditions. Accurate reservoir perforation at high pressure minimizes geological damage and enhances penetration rates, optimizing initial production, improving reservoir drainage, and boosting long-term recovery. Asia Pacific Market Dynamics Asia Pacific is expected to become the second-fastest region in the perforating gun market from 2025-2030. The region's market growth is driven by governmental initiatives and supportive policy measures fostering upstream oil and gas activities. Policies like India's Hydrocarbon Exploration and Licensing Policy (HELP) and China's open acreage licensing policy are designed to enhance exploration and development, granting both local and international operators access to potential blocks, reducing entry barriers, fortifying investor confidence, and promoting petroleum operations. Key Attributes: Key Topics Covered: Market Dynamics Drivers Restraints Opportunities Challenges Trends/Disruptions Impacting Customer Business Supply Chain Analysis Ecosystem Analysis Technology Analysis Case Study Analysis Patent Analysis Key Conferences and Events, 2025-2026 Regulatory Landscape Impact of 2025 US Tariff - Overview Porter's Five Forces Analysis Company Profiles For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. View source version on CONTACT: Laura Wood, Senior Press Manager [email protected] For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 KEYWORD: INDUSTRY KEYWORD: OIL/GAS ENERGY SOURCE: Research and Markets Copyright Business Wire 2025. PUB: 05/22/2025 08:46 AM/DISC: 05/22/2025 08:46 AM
Yahoo
21-05-2025
- Business
- Yahoo
SBA loans vs. business lines of credit: Which is best for small businesses?
All businesses need funds to operate, but sometimes small businesses may need a financial boost to jump-start growth or get through an off season. The U.S. Small Business Administration (SBA) helps connect small businesses to government-approved lenders who can provide support. However, not all businesses need a large loan. Some may benefit more from flexible access to credit, LegalZoom explains. Both an SBA-backed loan and a business credit line provide businesses with access to necessary funding. However, they differ in how they provide funds and for what purpose. An SBA loan is a long-term, fixed loan designed for major business expenses like real estate, equipment, or expansion. A business line of credit is a revolving credit account that allows businesses to borrow up to a set limit and only pay interest on the amount used. Here are some of the key differences. SBA loans are government-approved loans designed to support small businesses and facilitate a safer, smoother process for both lenders and borrowers. By establishing guidelines and guarantees for business loans, SBA programs reduce lender risk and provide small businesses easier access to necessary capital. Generally, SBA doesn't provide the loans themselves. Instead, they partner with lenders to offer a series of loan programs. Once a business chooses the right program for their financing goals, SBA matches it with a lender. SBA does, however, directly offer low-interest loans to help businesses and homeowners recover from declared disasters. SBA offers four main loan programs. 7(a) loans: Provides up to $5 million in funding to eligible small businesses for various business purposes, such as commercial real estate loans and more. 7(a) Working Capital Pilot (WCP) program: Grants monitored lines of credit to finance a range of needs for growing small businesses, including domestic and/or export purposes. 504 loans: Offers long-term, fixed-rate small business loans of up to $5.5 million to small businesses for assets that promote growth and job creation. Microloans: Provides smaller-sized loans of up to $50,000 to help small businesses and certain nonprofit childcare centers establish and grow their business. Generally, businesses must be creditworthy, registered for-profit organizations, based in the U.S., and meet SBA size requirements to get an SBA-backed loan. That said, each loan program has its own additional requirements. For 7(a) loans: Be an eligible business that tried but was unable to obtain the necessary credit on reasonable terms from a nongovernment source. For 7(a) Working Capital Pilot (WCP) program: Have at least one year of operating history and can produce timely and accurate financial statements, billing and invoicing documentation, and inventory reports. For 504 loans: Have qualified management expertise and a feasible business plan. The tangible net worth of the two prior years is less than $20 million, and the average net income is less than $6.5 million after taxes. For microloans: Depends on the intermediary lender. However, microloan lenders generally require some type of collateral and a personal guarantee from the business owner. While they aren't for every business, there are many benefits to applying for an SBA-backed loan. Longer repayment terms for some loans (up to 25 years for real estate construction or improvements and 10 years for other assets) Lower interest rates on average due to government backing Higher loan amounts available Comparable rates and fees to nonguaranteed loans Continued support to help you start and run your business Lower down payments on average compared to nonguaranteed loans Flexible requirements on how much a business needs to spend on overhead costs to qualify No collateral needed for some loans Longer approval process due to detailed documentation and SBA involvement Stricter eligibility requirements mean not all businesses qualify Some long-term loans have prepayment penalties Must first exhaust nongovernment loan options Rather than providing one large lump sum, a business line of credit allows companies to draw funds up to a predetermined limit, as needed. In this way, a business line of credit is actually more similar to a business credit card than a loan. Additionally, borrowers only need to pay interest on the amount used, not the full available sum. Depending on the lender's policy, businesses can access these funds from a business checking account, checks, bank transfers, or cards linked to the line of credit. There are both secured and unsecured lines of credit depending on the size of the available sum. A larger sum may require you to secure the line with collateral. A business line of credit also differs from an SBA-backed loan in that companies often use it to manage business finances rather than for one specific purpose or purchase. Requirements vary lender to lender. That said, many lenders will require businesses to have consistent revenue, strong cash flow, a detailed business plan, and a good credit score to qualify. Some lenders may also limit eligibility to businesses that have been operating for a fixed amount of time. Like SBA loans, business lines of credit come with their own unique benefits and drawbacks that may influence whether or not the financing option is right for your business. Provides access to funds when required, offering a more flexible financing option Accrues interest on the amount drawn only, not on the full limit Finances various short-term needs, such as managing cash flow or covering unexpected expenses Offers revolving credit, meaning that once you repay the funds, the line of credit replenishes Doesn't require collateral for unsecured lines Tends to offer lower interest rates than business credit cards Variable interest rates, which can lead to fluctuating repayment amounts Typically lower credit limits compared to term loans May require collateral, depending on the lender's terms Often unsecured lines of credit have higher interest rates than secured lines When determining which financing option is right for your business, it's helpful to consider the following factors. Financial needs: Assess whether the funding is for a one-time, substantial investment or recurring, short-term expenses. If you need a large lump sum for a one-time expense, an SBA loan is better. If you need long-term funding that you can access as needed, a business line of credit is better. Repayment ability: Consider your business's cash flow and whether you'd prefer predictable payments or the potential of lower rates. SBA loans—such as the 504 loan—tend to have fixed interest rates, while unsecured business lines of credit tend to offer variable rates. Eligibility: Evaluate your business's ability to meet the specific requirements of each financing option. While eligibility varies, a business line of credit may have more lenient size and credit requirements compared to an SBA-backed loan. Creditworthiness: Depending on your financing needs, maintaining a business line of credit in good standing may help you build your credit rating to prepare for buying an SBA-backed business loan in the future. No matter which financing option you choose, LegalZoom can help you meet eligibility requirements and strengthen your application through various services, including patent or trademark registration. If you still have questions about which route is best for your business, reach out to a business attorney for legal advice based on your unique circumstances. How long does it take to get approved for an SBA loan vs. business line of credit The approval processing time varies by lender for both an SBA-backed loan and a business line of credit. That said, approval for an SBA loan tends to take 5-10 days just to review your application, not including the lender approval process that can take up to a month. A business line of credit can take anywhere from several days to a few weeks. What documents do I need to apply for an SBA loan or a business line of credit? Both financing options typically require formation documents as proof of your business’ legal structure, ownership information, your EIN, and various financial statements. What are the interest rates for SBA loans vs. business lines of credit? For both SBA-backed loans and business lines of credit, interest rates depend on the lender and program. The 504 loan program offers fixed-rate loans, while the 7(a) loans and microloans can be either fixed or variable. Rates generally range between 8%-13%. Interest rates for a business line of credit range significantly by lender, depending on factors like the business owner's creditworthiness, size of the loan, and whether the interest rate is fixed or variable. Do SBA loans have lower interest rates than business lines of credit? While it depends on a number of factors, generally SBA-backed loans can offer lower interest rates compared to business lines of credit due to government guarantees. This article is for informational purposes. This content is not legal advice, it is the expression of the author and has not been evaluated by LegalZoom for accuracy or changes in the law. This story was produced by LegalZoom and reviewed and distributed by Stacker. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Miami Herald
21-05-2025
- Business
- Miami Herald
SBA loans vs. business lines of credit: Which is best for small businesses?
SBA loans vs. business lines of credit: Which is best for small businesses? All businesses need funds to operate, but sometimes small businesses may need a financial boost to jump-start growth or get through an off season. The U.S. Small Business Administration (SBA) helps connect small businesses to government-approved lenders who can provide support. However, not all businesses need a large loan. Some may benefit more from flexible access to credit, LegalZoom explains. SBA loan vs. business credit line at a glance Both an SBA-backed loan and a business credit line provide businesses with access to necessary funding. However, they differ in how they provide funds and for what purpose. An SBA loan is a long-term, fixed loan designed for major business expenses like real estate, equipment, or expansion.A business line of credit is a revolving credit account that allows businesses to borrow up to a set limit and only pay interest on the amount used. Here are some of the key differences. What is an SBA loan? SBA loans are government-approved loans designed to support small businesses and facilitate a safer, smoother process for both lenders and borrowers. By establishing guidelines and guarantees for business loans, SBA programs reduce lender risk and provide small businesses easier access to necessary capital. Generally, SBA doesn't provide the loans themselves. Instead, they partner with lenders to offer a series of loan programs. Once a business chooses the right program for their financing goals, SBA matches it with a lender. SBA does, however, directly offer low-interest loans to help businesses and homeowners recover from declared disasters. Types of SBA loans SBA offers four main loan programs. 7(a) loans: Provides up to $5 million in funding to eligible small businesses for various business purposes, such as commercial real estate loans and more.7(a) Working Capital Pilot (WCP) program: Grants monitored lines of credit to finance a range of needs for growing small businesses, including domestic and/or export purposes.504 loans: Offers long-term, fixed-rate small business loans of up to $5.5 million to small businesses for assets that promote growth and job Provides smaller-sized loans of up to $50,000 to help small businesses and certain nonprofit childcare centers establish and grow their business. Who qualifies for an SBA loan? Generally, businesses must be creditworthy, registered for-profit organizations, based in the U.S., and meet SBA size requirements to get an SBA-backed loan. That said, each loan program has its own additional requirements. For 7(a) loans: Be an eligible business that tried but was unable to obtain the necessary credit on reasonable terms from a nongovernment 7(a) Working Capital Pilot (WCP) program: Have at least one year of operating history and can produce timely and accurate financial statements, billing and invoicing documentation, and inventory 504 loans: Have qualified management expertise and a feasible business plan. The tangible net worth of the two prior years is less than $20 million, and the average net income is less than $6.5 million after microloans: Depends on the intermediary lender. However, microloan lenders generally require some type of collateral and a personal guarantee from the business owner. SBA loan pros and cons While they aren't for every business, there are many benefits to applying for an SBA-backed loan. SBA loan pros Longer repayment terms for some loans (up to 25 years for real estate construction or improvements and 10 years for other assets)Lower interest rates on average due to government backingHigher loan amounts availableComparable rates and fees to nonguaranteed loansContinued support to help you start and run your businessLower down payments on average compared to nonguaranteed loansFlexible requirements on how much a business needs to spend on overhead costs to qualifyNo collateral needed for some loans SBA loan cons Longer approval process due to detailed documentation and SBA involvementStricter eligibility requirements mean not all businesses qualifySome long-term loans have prepayment penaltiesMust first exhaust nongovernment loan options What is a business line of credit? Rather than providing one large lump sum, a business line of credit allows companies to draw funds up to a predetermined limit, as needed. In this way, a business line of credit is actually more similar to a business credit card than a loan. Additionally, borrowers only need to pay interest on the amount used, not the full available sum. Depending on the lender's policy, businesses can access these funds from a business checking account, checks, bank transfers, or cards linked to the line of credit. There are both secured and unsecured lines of credit depending on the size of the available sum. A larger sum may require you to secure the line with collateral. A business line of credit also differs from an SBA-backed loan in that companies often use it to manage business finances rather than for one specific purpose or purchase. Who qualifies for a business line of credit? Requirements vary lender to lender. That said, many lenders will require businesses to have consistent revenue, strong cash flow, a detailed business plan, and a good credit score to qualify. Some lenders may also limit eligibility to businesses that have been operating for a fixed amount of time. Business line of credit pros and cons Like SBA loans, business lines of credit come with their own unique benefits and drawbacks that may influence whether or not the financing option is right for your business. Line of credit pros Provides access to funds when required, offering a more flexible financing optionAccrues interest on the amount drawn only, not on the full limitFinances various short-term needs, such as managing cash flow or covering unexpected expensesOffers revolving credit, meaning that once you repay the funds, the line of credit replenishesDoesn't require collateral for unsecured linesTends to offer lower interest rates than business credit cards Line of credit cons Variable interest rates, which can lead to fluctuating repayment amountsTypically lower credit limits compared to term loansMay require collateral, depending on the lender's termsOften unsecured lines of credit have higher interest rates than secured lines How to choose which financing option is right for you When determining which financing option is right for your business, it's helpful to consider the following factors. Financial needs: Assess whether the funding is for a one-time, substantial investment or recurring, short-term expenses. If you need a large lump sum for a one-time expense, an SBA loan is better. If you need long-term funding that you can access as needed, a business line of credit is ability: Consider your business's cash flow and whether you'd prefer predictable payments or the potential of lower rates. SBA loans-such as the 504 loan-tend to have fixed interest rates, while unsecured business lines of credit tend to offer variable Evaluate your business's ability to meet the specific requirements of each financing option. While eligibility varies, a business line of credit may have more lenient size and credit requirements compared to an SBA-backed Depending on your financing needs, maintaining a business line of credit in good standing may help you build your credit rating to prepare for buying an SBA-backed business loan in the future. No matter which financing option you choose, LegalZoom can help you meet eligibility requirements and strengthen your application through various services, including patent or trademark registration. If you still have questions about which route is best for your business, reach out to a business attorney for legal advice based on your unique circumstances. FAQs How long does it take to get approved for an SBA loan vs. business line of credit The approval processing time varies by lender for both an SBA-backed loan and a business line of credit. That said, approval for an SBA loan tends to take 5-10 days just to review your application, not including the lender approval process that can take up to a month. A business line of credit can take anywhere from several days to a few weeks. What documents do I need to apply for an SBA loan or a business line of credit? Both financing options typically require formation documents as proof of your business’ legal structure, ownership information, your EIN, and various financial statements. What are the interest rates for SBA loans vs. business lines of credit? For both SBA-backed loans and business lines of credit, interest rates depend on the lender and program. The 504 loan program offers fixed-rate loans, while the 7(a) loans and microloans can be either fixed or variable. Rates generally range between 8%-13%. Interest rates for a business line of credit range significantly by lender, depending on factors like the business owner's creditworthiness, size of the loan, and whether the interest rate is fixed or variable. Do SBA loans have lower interest rates than business lines of credit? While it depends on a number of factors, generally SBA-backed loans can offer lower interest rates compared to business lines of credit due to government guarantees. This article is for informational purposes. This content is not legal advice, it is the expression of the author and has not been evaluated by LegalZoom for accuracy or changes in the law. This story was produced by LegalZoom and reviewed and distributed by Stacker. © Stacker Media, LLC.
Zawya
04-05-2025
- Business
- Zawya
HBKU professor named World Trade Organization Chair
Doha: Hamad Bin Khalifa University (HBKU) has been granted a World Trade Organization (WTO) Chair, with the College of Law's Dr. Georgios Dimitropoulos, Professor of Law and Associate Dean for Research, named as chairholder. Established to enhance knowledge and understanding of the international trading system through research, policy outreach, and teaching, the WTO Chairs Programme (WCP) supports academic institutions working to build expertise in trade-related areas. The WTO's selection of Dr. Dimitropoulos is a significant achievement for Qatar and HBKU, marking a milestone in the region's contribution to global trade discussions. In particular, the Ministry of Commerce and Industry of the State of Qatar, through its Geneva office, was instrumental in supporting the initiative. As WTO Chair, Dr. Dimitropoulos will lead programs and activities that bridge academic research and policymaking. The Chair will focus on issues that pertain to trade and investment in the digital economy with an emphasis on emerging economies and Least Developed Countries (LDCs). Following the announcement of the WTO Chair, Dr. Ala Al-Fuqaha, Acting Provost and Associate Provost for Teaching and Learning, HBKU, stated: 'I would like to congratulate Dr. Georgios Dimitropoulos for being appointed WTO Chair. Focusing on issues that pertain to the digital economy, the Chair examines the evolving role of industrial and digital policies in achieving sustainable development, with a focus on bridging digital divides in the Global South, particularly in the Western Asia and MENA regions.' 'Dr. Dimitropoulos' research will contribute to a deeper understanding of the interplay between global trade frameworks and digital development while fostering collaboration between emerging economies and LDCs,' added Dr. Ala Al-Fuqaha. 'His work aligns with HBKU's commitment to fostering impactful research and teaching, as well as supporting initiatives that address pressing global challenges.' Remarking on the importance of the WTO Chair, Susan L Karamanian, Dean, College of Law, observed: 'Qatar is one of the world's leading trading hubs, linking Asia and Africa with Europe and beyond. Thus, it is fitting that one of the prestigious WTO Chairs be housed at a university in Qatar. It is further appropriate that Dr. Dimitropoulos is WTO chairholder, given his extensive research on contemporary trade issues, his broad network of researchers around the world, and his interdisciplinary approach that blends trade, international relations, and policy. We are grateful to the WTO, the Ministry of Commerce and Industry, and the leadership of HBKU for their support and are especially proud of Professor Dimitropoulos.' The Director of the State of Qatar to the WTO, Ahmed Al-Sulaiti, added: 'I am proud to witness the recognition of Qatar's commitment to advancing knowledge and innovation in the global trading system through this prestigious initiative. The selection of our proposal under the WTO Chairs Program underscores Qatar's forward-looking vision in addressing critical challenges such as digital transformation, sustainability, and national security. 'By collaborating with Hamad Bin Khalifa University and leveraging support from the Qatar Research, Development, and Innovation Council, we are not only contributing to the global discourse on trade and development but also positioning Qatar as a leader in shaping the future of industrial policy in a digital age,' he added. 'This initiative aligns with Qatar's National Development Strategy 2024-2030, which places great emphasis on collaboration with international organizations and investing in human capital. It will not only enrich our academic institutions and policymakers but also play a pivotal role in preparing and empowering future generations of Qatari international lawyers and diplomats, equipping them with the expertise and tools to navigate the evolving complexities of the global trading environment.' 'I am deeply honored to be appointed as a WTO Chair,' said Dr. Dimitropoulos. 'This is also an institutional milestone. HBKU and the College of Law have become a global hub for research in international economic and digital law. This recognition and support will allow us to further spearhead our work in these areas. I am grateful to everyone who is involved. The WTO and HBKU leadership, as well as Her Excellency Dr. Hend Al Muftah, Qatar's Permanent Representative to the UN Office in Geneva, and Ahmed Al-Sulaiti, the Director of the Office of the State of Qatar to the World Trade Organization. I look forward to working with the WTO, the Ministry of Commerce and Industry and the Mission, and all fellow WTO chairholders.' Dr. Dimitropoulos' research focuses on redefining the boundaries of domestic and international law, with particular emphasis on economic sovereignty and the impact of digital technologies on traditional legal models. About Hamad Bin Khalifa University Innovating Today, Shaping Tomorrow Hamad Bin Khalifa University (HBKU), a member of Qatar Foundation for Education, Science, and Community Development (QF), is a leading, innovation-centric university committed to advancing education and research to address critical challenges facing Qatar and beyond. HBKU develops multidisciplinary academic programs and national research capabilities that drive collaboration with leading global institutions. The university is dedicated to equipping future leaders with an entrepreneurial mindset and advancing innovative solutions that create a positive global impact. For more information about HBKU, its colleges, research institutes, and initiatives, please visit To stay up to date on our social media activities, follow our accounts on: LinkedIn, Instagram, X, and Facebook. For any media inquiries, please contact: media@ About the College of Law With an international standing for quality and innovation in teaching and research, HBKU's College of Law has become one of the most prestigious law schools in the Middle East today. Situated at a global crossroad of culture, business, and geopolitics, the college represents a hub for promoting an understanding of the importance of the rule of law across the world. The College builds national and regional capacities with global relevance by preparing leaders to manage multi-faceted relationships across a diversity of international legal systems. These include civil law, common law, and Shari'a, all informing Qatari law and governing transactions across the region and elsewhere in the world. For more information about HBKU's College of Law, visit
Yahoo
09-04-2025
- Health
- Yahoo
Western Colo. Pediatrics urges measles shot after state's growing cases
MESA COUNTY, Colo. (KREX) – After measles cases have sprouted across the state, Western Colorado Pediatrics – in response – is urging the community to get a vaccine for the infection. Three confirmed measle cases have been reported in Colorado – Denver, Pueblo and Archuleta County. This has caused concern about the infection spreading throughout the state, WCP said in a news release. 'Measles is one of the most contagious viruses we know,' WCP Pediatrician Dr. Patrice Whistler said. 'It can linger in the air for up to two hours and infect nine out of 10 unvaccinated people who are exposed. It can also lead to serious complications like pneumonia, brain swelling and even death.' Western Colorado Pediatrics is contacting families of patients 12 months and older who haven't gotten the measles-mumps-rubella (MMR) vaccine, asking them to get the vaccination. WCP said one MMR dose gives around 93% protection against the infection and 97% from severe disease and hospitalization. 'We are proud to be the medical home for so many families,' Whistler said. 'And part of that responsibility is keeping our community informed and protected. We're here to answer questions and support families through this.' For more information, contact Western Colorado Pediatrics at 970-243-KIDS (5437). Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
