The Puerto Rico Police Members Association (AMPPR, in Spanish), in partnership with Orchid Funding LLC, announced the launch of a new lending program for its members, public employees, and pensioners. In anticipation of the lending platform’s launch, AMPPR and Orchid closed a $25 million credit facility with Celeres Capital Advisors LLC, Medalist Partners LP, and […]
The Small Business Administration has launched a first-of-its-kind tool on the federal agency’s website that will allow entrepreneurs looking for a small business loan to get matched with an SBA lender.
U.S. Small Business Administration Administrator Maria Contreras-Sweet and National Credit Union Administration Board Chairman Debbie Matz signed a Memorandum of Understanding to invest in the nation’s entrepreneurial potential by expanding the accessibility of small dollar SBA loans from credit unions.
The U.S. Small Business Administration’s 7(a) Loan Program reached another lending record in FY 2014, SBA Administrator Maria Contreras-Sweet announced Thursday.
The U.S Small Business Administration announced Tuesday that it has reached its third highest year of lending to date, surpassed only by two record years of supporting more than $30 billion in Fiscal 2011 and 2012.
The U.S. Small Business Administration (SBA) announced that it has given authority to Cooperativa de Ahorro y Crédito de Arecibo, better known by its acronym COOPACA, to provide financial assistance to small businesses under SBA’s 7(a) Loan Guaranty Program.
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