Added: 2 years ago
From: sba
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  • Let us know if we can work together to reach small businesses with messages that will help all drive recovery and growth for all business in the U.S.

  • Hi Everyone

    Visit our channel to find out more about getting an SBA Approved Loans.

    We have contacted the Banks that are Lending! We have compiled a list of these Banks. Let us help you get paired with a SBA Approved Bank that is actually lending.

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  • This is so typical of our government. Where is the real help Obama?

  • Very informative and gave good starting points for small business.

  • Obama's SBA "loan" project is a joke: the SBA will guarantee a loan that is approved by a bank.

    But the bank won't make any loans without collateral. So, any business that qualifies for a bank loan doesn't need the SBA and those who DO need the SBA, don't qualify.

  • You are right, I am trying to get an SBA approved loan and the banks do not even want to hear about it. Why offer such a program when business owners cannot even use it because of the banks. It is a shame that soooo many small business owners are in desperate need to keep their companies going and cannot get a loan. Instead, many businesses will go under and continue to add to the crises therefore laying off more people. A HUGE let down.

  • Why the government gave the money to the lenders, why not give it directly to business owners? When the banks were about to collapse they received all the money from the government and they make it so difficult to lend money, doesn't make any sense! Banks got a break regular business owners dont. This is a joke!

  • You should see the way these bankers talk to you regarding money

  • Red tape! I am trying to due this right now. Very difficult to due. This sounds great but its not so great.

  • The ARC program guidelines are not working with the banks. How can we get approved y the bank and not the SBA ARC. I am still waiting for a final decision because there are bo clear guidelines to qualify the debts.

  • It appears to me that they will guarantee your loan as long as you really don't need the money anyway.

  • Talked to SCORE today. The loans were stalled but starting to get disbursed on. There is a ton of paper work and the counselor said the only approved loans have been submitted with the help of our Community Colleges. So try a community college small business department for help filling out the forms. I have my appointment.

  • Of course if approved.The statistics speak for themselves. 100 approved loans for the whole State of California is not that promising

  • I wonder ho are those 100 people.

  • The Arc loan program is a joke. Hardly any banks are offering the loan and when they do they create their own guidelines. Bank of America the largest bank in the Country would not sign on for this even after us tax payers bailed them out. To this day the Arc loan program in California has only approved 100 loan for the whole state. You call this a success rate. Give me a break

  • They would give you a break... if you're approved for it.

  • TRhis does not make sense and I agree noone is getting the loan. I have medical bills and end up not getting a loan because of medical bills how is that. I have always taken care of my bills. But cannot pay a large sum of Medical bills.

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