Tuesday, November 08, 2005
SBA launches expidited loan program
It's about time.
WASHINGTON — Small businesses in areas affected by Hurricanes Katrina and Rita will be eligible for a new U.S. Small Business Administration-backed loan of up to $150,000 that is being launched this week to help speed financing for recovery and rebuilding. The loans will be delivered through local banks and will be handled under an expedited process that can deliver a response in 24 hours or less.
Full story here
WASHINGTON — Small businesses in areas affected by Hurricanes Katrina and Rita will be eligible for a new U.S. Small Business Administration-backed loan of up to $150,000 that is being launched this week to help speed financing for recovery and rebuilding. The loans will be delivered through local banks and will be handled under an expedited process that can deliver a response in 24 hours or less.
Full story here