Monday, February 1, 2010

FINANCE NEWS...BENEFIT OF LOANS.

Now Available: Government guaranteed, interest-free loans

If yours is an established, viable, for-profit small business and you could use some help paying off existing debt, then you might consider looking into an America's Recovery Capital (ARC) bridge loan. These are interest-free, deferred-payment loans of up to $35,000 and are guaranteed by the U.S. Small Business Administration (SBA). As with all SBA financing programs, the ARC loans will be made by commercial lenders, not SBA directly. ARC loans will be available through SBA-approved lenders as long as the money holds out, or through September 30, 2010

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