Banesco USA grants $9M loan to Econo Sierra Bayamón
May 19, 2025
The funds will pay for the acquisition and remodeling of the Comerío store. #NewsismyBusiness
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FirstBank provides $2.7M loan to Calben Group LLC
December 24, 2024
The parent company of Casa Bella Resort Living will build a third property for 29 new tenants. #NewsismyBusiness
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EDB and FirstBank close first SSBCI loan
July 11, 2024
Intervoice Communication of Puerto Rico received the loan under the U.S. Treasury Department’s State Small Business Credit Initiative program. #NewsismyBusiness
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Oriental closes $5.7M financing with Sedco Corp.
July 8, 2024
Sedco Corp. is one of the largest hardware distributors in Puerto Rico. #NewsismyBusiness
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FirstBank OKs $27.5M in financing for Brisas del Mar Village
June 24, 2024
The 123 single-family housing rental units will be built in the municipality of Guayama. #NewsismyBusiness
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Cabo Rojo to host free housing counseling event
April 29, 2024
The workshop is designed to educate on the buying process and financial assistance. #NewsismyBusiness
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Braemar secures $62M loan for Dorado Beach, a Ritz-Carlton Reserve
March 12, 2024
The financing will support the continued growth of the luxury resort. #NewsismyBusiness
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Banesco USA loans $400K to Maritza’s Car Rental in Vieques
February 19, 2024
Maritza’s Car Rental will acquire the property located at 358 Antonio Mellado St. in Isabel II. #NewsismyBusiness
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Local veterinarian expands practice with FirstBank loan
February 16, 2024
Dr. Eduardo Díaz-Argimon’s acquisition of a second animal hospital was supported by SBA-backed financing. #NewsismyBusiness
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SBA extends payment period for PPP, COVID loan borrowers
January 12, 2024
SBA launches 60-day goodwill exception period, expands hardship accommodation plans. #NewsismyBusiness
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Banesco USA grants $35.5M loan for hospital expansion
July 12, 2023
The financial support also covers refinancing the existing debt of the hospital and the parking structure within the Bayamón Medical Center complex. #NewsismyBusiness
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FIDECOOP grants $2.8M loan to Mega Co-op for new distribution center
October 31, 2022
FIDECOOP says the loan is the largest it has granted in 20 years.
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Gov’t seeks $30M medical student loan forgiveness program admin
June 27, 2022
The proposal must be submitted via email by July 22 at 5 p.m.
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USDA loans Toa Baja $3.4M to purchase emergency response vehicle, equipment
January 31, 2022
The town of Toa Baja recently received a low interest Community Facility Direct loan of nearly $3.4 million to finance the acquisition of emergency response vehicles and equipment, Luis R. García, acting state director for USDA Rural Development in Puerto Rico announced. The funding is part of a $1 billion investment that the federal agency […]
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USDA awards $3.4M to town of Toa Baja for rural infrastructure
November 22, 2021
The US Department of Agriculture has awarded the northern coastal town of Toa Baja nearly $3.4 million to build and improve critical community facilities through its Community Facilities Direct Loan and Grant Program, the agency announced. The agency awarded a global amount of $222 million in 44 states, Guam, Northern Mariana Island and Puerto Rico. […]
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