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$35,000 Interest Free Cash is Available
The Small Business Administration (SBA) called me today. One of their Columbus directors has accepted my invitation to explain their free loan program to the Miami Valley business community.
The U.S. Small Business Association announced a new emergency bridge-lending program geared toward helping small business ride out the current recession.
Calling it another "tool to our toolbox" SBA head Karen Mills said the new American Recovery Capital (ARC) program will offer "viable" small businesses loans of up to $35,000.
The interest-free loan must be used within six months and borrowers have up to six years to repay it.
We will be holding a series of lunch-n-learn's here at our offices.
These lunch-n-learns will be every Wednesday from 11:30-1pm, until the SBA runs out of funds. Please RSVP soon. These meetings will intentionally be kept small, to accommodate questions and applications, and will fill up very quickly.
Best Regards,
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