Monday, August 3, 2009

SBA ARC Loan Program

The US government has recently announced through the 2009 Recovery Act, the ARC Loan Program. These loans are guaranteed by the http://www.sba.gov and are designed for small businesses seeking a business loan to cover existing debt obligations of qualifying small business loans for up to 6 months. More information on this program can be found on the SBA's website by clicking here.

I would be interested in hearing from small business owners on their success of obtaining ARC Loans through their SBA Lender or their failure to obtain such loans and why.

3 comments:

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