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Business July 2, 2009  RSS feed

Small business loans offered

The Agoura/Oak Park/Conejo Valley Chamber of Commerce and the Small Business Administration are now accepting loans for a temporary program called America's Recovery Capital.

ARC loans are designed to provide a "bridge" for viable small businesses with immediate financial hardship until they get back on track.

ARC loans are deferredpayment loans of up to $35,000, available to established, viable, for-profit small businesses that need short-term help to make their principal and interest payments on business debt.

Repayment will not begin until 12 months after the final disbursement.

For more information, visit www.sba.gov or call Alex Soteras at (818) 889-3150.