All posts tagged loans

EDB OK’s $238K in loans for new P.R. businesses
January 27, 2017, No Comments

In the first three weeks of the year, the Economic Development Bank for Puerto Rico has expedited internal processes to ...

FirstBank grants financing to Optifarma
January 13, 2017, No Comments

FirstBank's Small Business Unit granted two loans under the SBA Express and SBA 7(a) Programs to Optifarma, LLC for the ...

COFECC adopts new name, expands micro-loan program
December 15, 2016, No Comments

The Corporation for the Financing of Business and Communities (known as COFECC in Spanish) has reinvented itself, adopti ...

CEO: FirstBank making strides despite economic woes
December 9, 2016, No Comments

Puerto Rico’s second-largest bank, FirstBank, wrapped up 2016 with significant growth both locally and across its mark ...

Cancel: EDB OKs $499M in financing since January ’13
December 2, 2016, No Comments

The head of the Economic Development Bank for Puerto Rico told members of the incoming administration during transition ...

SBA OKs $95.5M in loans in P.R., USVI in Fiscal ’16
October 31, 2016, No Comments

The U.S. Small Business Administration approved $95.5 million in loans to small businesses in Puerto Rico and the U.S. V ...

Oriental Bank grants $1.5M in financing to Olein Refinery
August 26, 2016, No Comments

Oriental Bank recently granted three credit facilities totaling $1.5 million to Olein Refinery, which it will use to con ...

USDA has $52M for new Rural Energy Savings Program
June 24, 2016, No Comments

The U.S. Department of Agriculture announced Thursday the new Rural Energy Savings Program (RESP) program that that will ...

SBA loans in P.R., USVI reach $43.8M in 1st half of FY ’16
April 28, 2016, No Comments

The U.S. Small Business Administration approved 335 loans for $43.8 million in Puerto Rico and the U.S. Virgin Islands d ...

Popular’s start-up loan program spurs variety of pitches
January 13, 2016, No Comments

Puerto Rico's largest bank is putting its money behind start-ups through an innovative program that is already generatin ...