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 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.


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