The SBA announced it’s making $255 million available in interest-free emergency loans to small businesses.
I expect we’ll see more of this sort of thing.
These loans only apply if you already have bank-issued business loans, but the cool thing is that for the first time, the SBA will guarantee the loans, making them risk-free for the banks.
The SBA has but 15 days to work out the details.
http://tinyurl.com/atvrzp
