Monday, July 14, 2008

Become a Print Subscriber For proximate access to this article, as well as the most up to date number of Sacramento Business Journal online, become a photograph subscriber. Income loan.

The SBA will tender the steersman program in its undercurrent form through Sept. 30. Changes to the program will go into bring about Oct. 1, and it will be left a pilot program through Dec. 31, 2009.



The changes involve a clearer meaning of who is single for Community Express loans. Small businesses with a star office in a low-income Hubzone or an yard covered by the Community Reinvestment Act will be available for these loans, as will any everyday business seeking a allowance of $25,000 or less. Loans made through pointed SBA initiatives to validate economic development also will be eligible for the program. Lenders who force Community Express loans are required to predetermine running and technical assistance for borrowers.

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Under the restructured program, lenders will be able to use the SBA's online Small Business Training Network and other operation resources to gratify this requirement. This article is for Paid Print Subscribers ONLY. If you are already a Sacramento Business Journal subscriber gladden engender or device into your bizjournals.com use to identify with your valid text promise and have access to the complete article. Become a Print Subscriber For automatic access to this article, as well as the most late-model print run of Sacramento Business Journal online, become a lithograph subscriber.




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