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SBA ARC Loans:Eligibility and Uses of Funds

America’s Recovery Capital (ARC) Loan Program is a new temporary guaranteed-loan program authorized by the American Recovery and Reinvestment Act of 2009 (the Recovery Act) (P.L. 111-5, 123 Stat. 115) enacted on February 17, 2009. ARC Loans provide small businesses access to the capital needed to drive economic recovery and to retain jobs. ARC Loans […]

Micro-loans can help local entrepreneurs

From my old home town paper, The Bergen Record, Douglass Crouse highlights a micro-loan program where very small startups are created and provided some intensive care instruction. Many businesses that are well known in Jacksonville like Peterbrooke and Firehouse Subs, started with a very small investment. In a time of economic hardship and rising unemployment. […]

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