Free Webinar on the SBA ARC Loan Program - SBA Rules vs. Reality (3 Dates Added)

Free Webinar on the SBA ARC Loan program

Business Borrowers Alliance will present a Webinar on the SBA ARC Loan to discuss the details of program – SBA Rules vs. Reality. The Webinar will detail the basics of the published rules of the ARC Loan program as well discuss the realities of how this program has played out. With over 2200 ARC Loans approved, this program is providing debt relief for small businesses. This program will help small business owners understand if this program can work for them.

Monday, September 21, 2009 @ 5 PM ET / 2 PM PT

click to register https://www2.gotomeeting.com/register/535764850

Tuesday, September 22, 2009 @ 12 PM ET / 9 AM PT,

click to register https://www2.gotomeeting.com/register/110000451

Thursday, September 24, 2009 @ 12 PM ET / 9 AM PT,

click to register https://www2.gotomeeting.com/register/775909722

Or go to http://businessborrowersalliance.org/ARC_Loan_Webinar_Registration.html

Webinar on the SBA ARC Loan program

Business Borrowers Alliance will present a Webinar on the SBA ARC Loan to discuss the details of program – SBA Rules vs. Reality. The Webinar will detail the basics of the published rules of the ARC Loan program as well discuss the realities of how this program has played out.

To register, go to http://businessborrowersalliance.org/ARC_Loan_Webinar_Registration.html

2 Dates - 9/9 @ 12 PM EST OR 9/10 @ 3 PM EST

ARC Loans: How the States Stack Up - BusinessWeek

ARC Loans: How the States Stack Up - BusinessWeek

Really cool way to see which States are doing the SBA ARC Loans

LL INVESTIGATION: SBA loan program designed to fail PART II™

LL INVESTIGATION: SBA loan program designed to fail PART II™

This time I opened my mouth and someone was listening.

Neal Gordon, who is the principal for the Business Borrowers Alliance, is currently assisting 25 customers with their ARC loan paperwork. He said the ARC loan program is “just a clunker without the cash at this point” because lenders are just not participating. Gordon said this is because the volume of paperwork involved in these $35,000 loans is almost as much as for SBA-backed loans for up to $2 million.

Shared via AddThis

SBA loan program designed to fail Part 1

LL INVESTIGATION: SBA ARC Loan program designed to fail Shared via AddThis

While the “Cash for Clunkers” program ran out of funding in just four days, the same can’t be said for the U.S. Small Business Administration’s America’s Recovery Capital Program – known as the ARC loan program.

That’s because right around 93 percent of the money targeted to help small businesses survive this recession remains untouched since the program was rolled out nearly two months ago.

And for some small-business truckers who were told these ARC loans could be a lifeline to help their struggling businesses, their hopes of getting an ARC loan are diminishing more each day.

UNF Small Business Blog: SBA ARC Loans:Eligibility and Uses of Funds

UNF Small Business Blog: SBA ARC Loans:Eligibility and Uses of Funds

Big Shoutout to UNF For posting my video. Hope it helps! Wish it made the ARC Loans easier to get.

SBA ARC Loans' Weak First Month

ARC Loans' Weak First Month

From: BusinessWeek Online -- Small Business | July 16, 2009

The SBA loan program is meant to help viable small businesses survive "immediate financial hardship." So far, it seems inadequate for the scope of the problem Read more at BusinessWeek Online -- Small Business »