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July 16, 2009

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This is the first truly new loan program with the SBA for almost two decades. Before we get carried away with too much a emotional contagion, let's roll up our sleeves and take a look at the basic elements of this new creature.

Saratoga springs

40billion.com is a good option for business owners seeking financing and resources. Small businesses and startup entrepreneurs raise money through personal connections online (a.k.a person to person, peer to peer, social lending). This elevates access to funding, increases transparency, reduces costs, and lowers risk.

Entrepreneurs connect with their social networks (friends, family, friends of family, community members, colleagues, alumni and others) to raise up to $99,000 in capital by requesting loans and gift contributions. Funders can get product discounts and freebies, as well as the ability to track how the funding is spent.

Visit http://www.40billion.com for more info about people funding businesses.

The lending community, the SBA, and many small business owners, are all "abuzz" about the new U.S. Small Business Administration ARC Loans. For the esoteric among us, this is an acronym for "America's Recovery Capital " Program. And they should be. This is the first truly new loan program with the SBA for almost two decades. Before we get carried away with too much a emotional contagion, let's roll up our sleeves and take a look at the basic elements of this new creature.


bill shor

Sounds great with competitive rate. Be careful of choosing a loan company. There may be some hidden costs you don't realize until it's time to pay.

I recently came across your blog and have been reading along. I thought I would leave my first comment. I don't know what to say except that I have enjoyed reading. Nice blog. I will keep visiting this blog very often.

Sara

http://smallbusinessgrant.info

The SBA ARC Loan program continues to be problematic for many struggling small businesses. The loan amount is too small to help many businesses (Ask Congress why they thought this would be enough). The amount of documentation is nearly the same as is needed for a $1million loan. And the biggest issue that borrowers are facing is finding a lender who will loan to them, which is based on the type of qualifying debt that applicant has. So even if a business is qualified, it is far from automatic that they get a loan. As the article intimates, banks are wary and the debt they “prefer” are the term loans, notes and capital equipment leases, because the borrower can’t draw back on them once the ARC Loan pays off that debt.

My company, Business Borrowers Alliance, is contacting the large and mid-sized banks to learn if they are participating and what their specific requirements are. We provide direct assistance and help to businesses throughout the complete ARC Loan application process.

For more information, contact us at 866-944-3866 or mail@businessborrowersalliance.org

Neal Gordon
http://www.businessborrowersalliance.org

If you have a great idea, great people to work with, a well written business plan – everything, almost everything. All you need is a small business loan to make it a success!!!

Unsecured type of loan is in real not secured by any valuable property. Here in this type of loan the lender only give the amount of money to the borrower on the basis of the promise which the borrower has made.

"ARC loans are interest-free to the borrower, have deferred payments for 12 months, and have no SBA fees associated with them." Then it's a really good program. Win-win solutions to all and jobs will flourish again around the business' location.


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Ace Cash Express
http://acecashexpress.com/

I really enjoy the information that you've provided. Excellent Blog every one can get lots of information for any topics from this blog nice work keep it up.

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Great posting,As the credit crunch continues to hamper small business growth, a few alternatives are appearing. The big boys have some competition, and unless they start stepping up to the plate and loaning money out, they will lose their footing-especially on the local level.Thanks for the greatreading,business loans.I will pass this on to our Ira clients to read.Small Business Loans.

I recently came across your blog and have been reading along. I thought I would leave my first comment. I don't know what to say except that I have enjoyed reading. Nice blog. I will keep visiting this blog very often.

Alena

http://smallbusinessgrant.info

Interesting site!As an owner of a small business myself I appreciate your input & tips for the entrepreneur such as myself and others looking for new ways to increase sales and make sure the customer is secure as well. Thumbs up! Marc

Do you want to run a successful business? Do you have lack of sufficient money? Don’t be upset and take money through business loans that will satisfy you within some hours of applying for them. They will let you enhance your performance in your business!

sugar

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