Small Business Loans Available Soon
Written by Carleigh Lowe on May 19th, 2009
Filed Under: HBS Announcements
Tags: Loans, U.S. Small Business Administration
Filed Under: HBS Announcements
Tags: Loans, U.S. Small Business Administration
The Small Business Administration just announced the:
SBA ARC Loan Program
If your small business is stressed meeting expenses during these economic times, the U.S. Small Business Administration has a new loan program designed just for you.
SBA’s America’s Recovery Capital Loan Program can provide up to $35,000 in short-term relief for viable small businesses facing immediate financial hardship to help ride out the current uncertain economic times and return to profitability. Each small business is limited to one ARC loan.
ARC loans will be offered by some SBA lenders for as long as funding is available or until September 30, 2010, whichever comes first.
For more information: http://www.sba.gov/recovery/arcloanprogram/REC_WHATISARCLOAN.html
thanks for the great information. It is very helpful to know that the SBA is actually doing something to help small business, but I am wondering if there is any program for small business that have been in business for less than 1 year.
Couthars, Inc. has a Capital Investment Protection Program (CIPP) which collateralizes and 100% guarantees nearly any investment against loss of principal.
Couthars, Inc. has a Capital Investment Protection Program (CIPP) which collateralizes and 100% guarantees nearly any investment against loss of principal. Great for start-ups and newly started businesses.
This is a tremendous program. Brilliant!