![]() ![]() After that, they will be repaid over five years. Loans are given in amounts up to $35,000, and deferred for 12 months. ![]() Called America’s Recovery Capital (ARC) Loan Program, it was created for business owners who are unable to meet their debt obligations because of the troubled economy. The Small Business Administration (SBA) has a little known program that may offer a glimmer of hope to those thinking about bankruptcy. If you’re thinking about it, here’s everything you need to know to make an informed decision. At this juncture, many business owners decide their only option is to file bankruptcy. ![]() It’s every business owner’s worst-case scenario: reaching the point where you can no longer meet your monthly expenses and have no other way out. ![]()
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