SBA Announces ARC Loan Program for Viable Businesses with Financial Hardships

On June 15, 2009, the Small Business Administration (SBA) launched America's Recovery Capital (ARC) Loan Program, which is aimed at assisting existing businesses that are having difficulty meeting business expenses.  The ARC Program can provide up to $35,000 in short-term relief for viable small businesses facing immediate financial hardship to help ride out the current uncertain economic times and return to profitability.  Please vist the SBA website for more information about the ARC Program, small business eligibility requirements, and applying for an ARC loan.