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Thursday, December 8, 2022
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Tag: Small Business Loans

Pitney Bowes debuts small business lending initiative

Qualified applicants can be approved in as little as 48 hours.

Credit unions OKed to participate in New York state business loan...

Gov. Kathy Hochul signed the legislation to allow credit unions in New York state to participate in its Excelsior Linked Deposit Program, which lets qualifying businesses take on commercial loans at an interest rate of 2 to 3% lower than the prevailing rate.

Connecticut releases specifics about small business bridge loans

“We believe this program provides the quick, short-term financial assistance (small businesses and nonprofits) need to maintain operations and weather this storm," said Department of Economic and Community Development Commissioner David Lehman.

UPDATE: CT businesses approved to receive disaster assistance; 41 confirmed cases

“The availability of SBA loans is another key piece of a broader set of relief measures the Lamont administration continues to put into place for individuals and our business community,” DECD Commissioner David Lehman said.

Banking industry remains cautiously optimistic about 2013

New York Bankers Association President Michael Smith talks about the trouble with Washington lawmakers who can’t find common ground over economic issues, and why the changes that have been made give many in the industry reason to be cautiously optimistic.