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Vistas: Geri Stengel’s Blog: Americas Recovery Capital (ARC)
The Money’s Coming…Can You Hold On?
by Geri Stengel on May 7, 2009 - 9:56am
Americas Recovery Capital (ARC) Analysis Commentary / Opinion emergency lending program Small Business Small Business Administration (SBA) small businesses Stimulus Package Troubled Asset Relief Program (TARP)
As part of the Stimulus Package, funds are being provided by government to eliminate fees on loans, allowing the Small Business Administration (SBA) to guarantee 90 percent (and in some case 100 percent) of small business loans. There’s also tax-savings measures built-in: deductions for property including equipment and the opportunity to offset income earned up to five years prior for a net operating loss in 2008.
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