Small loans to keep troubled firms afloat

Small loans to keep troubled firms afloat - http://www.msnbc.msn.com Avatar Posted by TimJustus under Raising Capital
From http://www.msnbc.msn.com 4060 days ago
Made Hot by: on February 25, 2009 7:04 pm
The economic stimulus package includes a $35,000 life preserver for small businesses drowning in red ink.

Under the law, the Small Business Administration temporarily will guarantee 100 percent of loans of up to $35,000 issued by banks to small businesses that are struggling to make payments on existing debt. The SBA will subsidize the interest on the loan, and small businesses will have a year before they have to start repaying it.

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Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!