Wed, 04 Nov 2009 13:37:00 GMT
Just thought folks would be interested, read on.
Earlier this year SBA announced a program to help a small business, hurt by the economy.. It was a 35K, interest free loan. It would be paid out in 6 payments. One year after the last payment, you would begin the payback.. Sounds like a great opportunity,right,wrong.. We applied via our local bank.. Only to find out they are not what is called a preferred lender. Everything went to SBA for review.. It ended up in Califorina. We went back and forth for months. They did everything they could possibly think of to not make the loan.. It was one thing after the other. Bottom line was we did not meet the criteria.. Problem is we could not really find out what that meant and to thisd day we do not know
This process was to help a business that was having problems.. I uspect if it was a perfect world and you were perfect it would be just fine..
We have tried to keep our business going,and yet for some reason people are happy to see you fail,no matter what they say.
Thanks for reading
Location: rochester n.y.
its NOT ok to contact this poster with services or other commercial interests
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