EDB chief presents formula to promote local SMEs
February 23, 2017
The Economic Development Bank has a specific agenda it will follow to promote local small and mid-sized enterprises, including the creation of a training institute for entrepreneurs, agency President Luis Burdiel-Agudo said.
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EDB OK’s $238K in loans for new P.R. businesses
January 27, 2017
In the first three weeks of the year, the Economic Development Bank for Puerto Rico has expedited internal processes to achieve faster loan closings, with $238,130 already approved, the agency announced Thursday.
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FirstBank grants financing to Optifarma
January 13, 2017
FirstBank's Small Business Unit granted two loans under the SBA Express and SBA 7(a) Programs to Optifarma, LLC for the purchase of inventory and operational capital, the bank announced. The amount of the loans were undisclosed.
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