The U.S. Small Business Administration and PathStone have entered a strategic alliance, to aid in fostering small business creation and economic development in various underserved regions of Puerto Rico.
Looking to support of small and medium-sized businesses during these challenging economic times, FirstBank and the Small Business Administration jointly announced Wednesday the financing of a $226,000 commercial loan to Assistive Technology Specialists Inc., so that it can expand healthcare equipment sales and technological assistance to people with disabilities.
Oriental Financial Group’s banking division recently granted a $2.8 million loan to Alco High Tech Plastics, a manufacturing company in Corozal, through the Small Business Administration’s 504 program, it was announced Monday.