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      Get $35,000 for your small business. Interest free.

    WASHINGTON – Small businesses suffering financial hardship as a result of the slow economy may be eligible to receive temporary relief to keep their doors open and get their cash flow back on track through to a new loan program announced today by SBA Administrator Karen G. Mills.

    SBA Launches New 100-Percent Guarantee ARC Loan Program to Help Struggling Businesses

    Beginning on June 15, SBA will start guaranteeing America’s Recovery Capital (ARC) loans.  ARC loans are deferred-payment loans of up to $35,000 available to established, viable, for-profit small businesses that need short-term help to make their principal and interest payments on existing qualifying debt.  ARC loans are interest-free to the borrower, 100 percent guaranteed by the SBA, and have no SBA fees associated with them. READ MORE

     

      Free Business Counseling

    Great News! The Woodland Hills~Tarzana Chamber of Commerce is pleased to announce that Mr. Alan Perper from SCORE (Service Corps of Retired Executives) will now be availabe for free business counseling at the Chamber office every Thursday morning starting at 9 am. Initial meetings will be one hour sessions, with whatever follow-up is requested. SCORE is a resource patner with the SBA (U.S. Small Busines Association) and is comprised of experienced business executives who donate their expertise and time to assist local indiviuals and businesses looking to grow or expand their business concept. Read more.

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    06/17/2009 11:30 AM
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