Banks and other lending institutions offer a number of SBA guaranteed Express loan programs to assist small businesses.  These loans have been increased up to $500K, have low interest rates as low as 8%, and cover a whole host of special circumstances to help today’s small business owner.  While SBA itself does not make loans, it does guarantee loans made to small businesses by private and other institutions.

To get more details or to get started with this guaranteed loan program visit: SBA T/A Assistance Loans
 

These loans are designed to help businesses experiencing immediate financial hardship for reasons such as:

• Loss/reduction of customer base
• Increase in cost of doing business
• Loss/reduction of working capital and/or loss/reduction of short term credit  facilities
• Inability to restructure existing debts due to credit restrictions
• Loss/reduction of employees (intellectual capital)
• Loss/reduction of major suppliers (major suppliers out of business)

Borrowers whose loans are already severely delinquent or whose past performance or future cash flow indicates that the business is not viable are not good candidates for an ARC loan.