Small businesses are far less able to absorb costs or losses than larger corporations. In light of the tough economic market, the Small Business Administration (SBA) has created America's Recovery Capital Program also known as the ARC Loan Program. This short-term loan is a one-time deal to help small business owners return to profitability.
The ARC Loan Program Ends September 30, 2010
An ARC loan is a temporary program authorized and created by the Recovery Act. The program ends on Sep. 30, 2010 or when funding ceases, whichever comes earlier. If a small business can qualify for an ARC loan, these loans are interest free, short-term infusions of cash up to $35,000 that can be used to pay both principal and interest on existing loans or qualifying debt; freeing up cash flow for other areas.
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So what is a Construction Loan Calculator and how do you know what it calculates? First you need to understand what a construction loan is and how it works.
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