New SBA ARC Loans for Small Business
The U.S. Small Business Administration has a new, temporary loan program which offers interest-free, deferred payments. The program, called the American Recovery Capital (ARC) Loan Program is designed...
View ArticleSmall Business Owners Need a Plan if Banking with CIT
Some one million CIT Group Inc. customers — many of them small and medium-sized business owners — will likely see their access to credit slashed should their lender tumble into bankruptcy, experts...
View ArticleIs Your Bank Safe? Looking for a Lender?
From time to time, I’m asked to assist a company in obtaining financing for business purposes. Part of the key in finding clients the cash they need is finding a bank who is willing to lend. And in...
View ArticleTARP panel says small banks should curtail lending
After months of hearing government officials and small business leaders urging banks to lend more to small business, a TARP panel is now cautioning small banks to curtail lending. Why? Because of...
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