Shaw Capital Guide to Interest-Free SBA ARC Loans for Debt Relief
Shaw Capital Management and Financing – Avoid debt and interest scams.
Recovery
Act Emergency Loans to $35,000 for Small Business.
If your small business is
struggling to pay debts, you may...
More
Shaw Capital Guide to Interest-Free SBA ARC Loans for Debt Relief
Shaw Capital Management and Financing – Avoid debt and interest scams.
Recovery
Act Emergency Loans to $35,000 for Small Business.
If your small business is
struggling to pay debts, you may qualify for a new type of interest-free loan in amounts
up to $35,000, guaranteed by the U.
S.
Small Business Administration.
The temporary
emergency program, called America’s Recovery Capital, or ARC, was authorized under
the economic stimulus law passed earlier in the year and is now being launched by the
SBA.
For borrowers, ARC loans will be interest-free, and with no SBA fees attached.
But as
with all SBA financing programs, the ARC loans willbe made by private, commercial
lenders, not SBA directly.
Lenders, of course, won’tmake loans for free, so the SBA will
pay lenders monthly interest on the ARC loans on your behalf.
And that’s basically free
money for you and a good chance to get a littlebreathing room if you’re facing
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