The U.S. Treasury Department announced Wednesday the transfer of more than $4.9 million in State Small Business Credit Initiative (SSBCI) funds to Puerto Rico to help local businesses access the capital they need to grow and hire.
Looking to give the island’s economic activity a much-needed push through entrepreneurship, Plaza Las Américas is joining forces with MasterCard, the Puerto Rico Economic Development Bank, and the Puerto Rico Trade and Export Company to launch the "Journey to Business Success" competition for business development.
The Economic Development Bank unveiled Thursday an online banking tool that allows its commercial clients to apply for loans and follow through on their applications, becoming the first financial institution in Puerto Rico to offer this type of service.
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
