Mark Deo writes in this Reuters piece (with a nod to Entrepreneur.com) about the hesitancy of banks to play in the SBA’s ARC loan arena. We have a number of ARC loans going in for approval and if our clients do indeed receive funding to pay down debt, it may well be the difference between sustainability and failure.Will Anyone Be Saved by the SBA’s New ARC?On June 15, banks began taking applications for the America’s Recovery Capital loan program.
Posts Tagged ‘Capital Loan’
New Business Spotlight:Jacksonville Running Company
March 13th, 2009
admin We are thrilled with our latest client success story. Jacksonville has a brand new running shoe store that makes it easy called the Jacksonville Running Company. Located on the Southside at Tapestry Park (off of Gate Parkway near Southside). Here is their story from a UNF SBDC perspective: It was early in June 2008 when Owen Shott and his wife Jo came to the Small Business Development Center at the University of North Florida with a dream.
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