Mark Deo writes in this Reuters piece (with a nod to Entrepreneur.com) about the hesitancy of banks to play in the SBA’s ARC loan arena. We have a number of ARC loans going in for approval and if our clients do indeed receive funding to pay down debt, it may well be the difference between […]
Filed under: Arc Loans, Coleman Publishing, FSBDC, Mark Deo, Reuters, SBA, Small Business, Small Business Loans, UNF, UNF SBDC by Small Business Resource Center Wednesday, June 24th, 2009
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We just picked this up on the Reuters Blog as posted by Jon Cook. No word on participating banks yet. Stay tuned… NEW ARC LOAN GUIDELINES ANNOUNCED TODAY Today the U.S. Small Business Administration announced new lender guidelines for the America’s Recovery Capital (ARC) loan program it unveiled last month. According to the SBA release, […]
Filed under: Arc Loans, Jon Cook, Reuters, SBA, SBDC, Small Business Blog, UNF by Small Business Resource Center Monday, June 8th, 2009
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Many small businesses are created in order to serve the needs of the larger corporate sector. High end restaurants and caterers, decorators, landscapers etc. are not needed as many large companies disappear and those still afloat trim their spending to show they are feeling the pain to their stockholders. Those who lose their jobs are […]
Filed under: Jacksonville, Reuters by Small Business Resource Center Thursday, November 20th, 2008
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