Seriously...$35,000 @ 0%!

Just got a little information on a new SBA program called "The America's Recovery Capital" (ARC) loan program. It was designed for small businesses suffering financial hardship in this tough economy - program was initiated on June 15, 2009. This is a part of the "American Recovery and Reinvestment Act of 2009".

If you are a small business and have had profitability in the last 2 years at some point.. AND NOW ARE SUFFERING FROM THE ECONOMIC DOWNTURN.. this deal might be for YOU.

Quick summary of the info for the business owner:

  1. Amount available of up to $35,000.

  2. Can be used for business debt on a 2nd mortgage or on credit cards. BUT, must be used to pay existing indebtedness.

  3. 6 month advancing then 12 months deferred then 5 year amortization.

  4. 0% interest.

  5. 100% guaranteed by the SBA.

Call your lender or me at the bank personally for more information.



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