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    1 Reply Latest reply on Aug 13, 2009 11:18 AM by phanio

    Seeking No. Cal Lender honoring SBA ARC Loan Program

    JacLWin Newbie
      Last week I attended the Northeastern California SBDC information seminar on the U.S. SBA Guaranteed ARC Loan Program for Existing Businessess.
      This new, temporary, deferred payment, guaranteed, interest-free loan program, up to $35,000 would help our viable company but I'm not having any success locating a lender offering this new program. Anyone out there know of any No. California lending institutions offering this new program? For more information go to
        • Re: Seeking No. Cal Lender honoring SBA ARC Loan Program
          phanio Pioneer
          Did the SBDC's seminar not offer a list of local lenders for this program?

          I found the following at the SBA's website:

          How do I obtain an ARC loan?


          A small business should talk first to their current lender about obtaining an ARC loan.


          ARC loans are made by commercial lenders (ARC loans are not made by the SBA itself).


          Non-SBA lenders can become SBA lenders in order to make ARC loans.


          SBA district offices can assist lenders in becoming approved SBA lenders.


          Where can I get more information or speak with someone at SBA about ARC loans?


          For more about ARC loans go to

          Business Money Today