[Hidden-tech] Business stimulus for HT members ?

[Robert Heller]

At Mon, 14 Dec 2009 11:43:58 -0500 rich at tnrglobal.com wrote:

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> 
> 
> 
> 
> With all the discussion of business stimulus I thought I would pass 
> interesting items on as they pass my desk.
> I am specifically interested to know what HT members are interested in.
> 
> As with most of you, my business is not the type banks see any value in,
> no inventory, just a bunch of (smart) people.
> And that is exactly the point, I get asked by economic development 
> planners,
> and the only answer I can give so far, is that part of their jobs is to 
> help us
> determine how the state/fed/etc can help small business.
> 
> What I have found is that all they do is keep defining small business as 
> bigger,
> so it's easier for them to work the overhead.
> 
> BTW, I don't think there is anyone in HT who is what is defined as 
> 'small business'
> we are now defined as micro-business - small is $5-100Mill
> 
> So a question to all of you - who is interested in discussing  how to get
> all these agencies spending our money to put in back into HT type 
> businesses ?

I am.  It is impossible to get a 'small' small business loan -- I need to
borrow about $250.00 for a new printer, but the bank's minimum loan is
like $5,000.00.  And no, I don't want to get a credit card -- that is
more hassle than it is worth.

> 
> 
> And some pointers for now:
> -----------------------------------------------------------------------------------------------------------------------------------------
> 
> *The SBA has some programs that might be helpful:*
>               http://www.sba.gov/recovery/index.html
> 
> Esp if you were doing well before the crash and are some what cash 
> strapped now:
>                       http://www.sba.gov/recovery/arcloanprogram/index.html
> 
> S*BA ARC Loan Program*
> 
> If your small business is stressed meeting expenses during these 
> economic times, the U.S. Small Business Administration has a new loan 
> program designed just for you.
> 
> SBA's America's Recovery Capital Loan Program can provide up to $35,000 
> in short-term relief for viable small businesses facing immediate 
> financial hardship to help ride out the current uncertain economic times 
> and return to profitability.  Each small business is limited to one ARC loan
> *
> *-----------------------------------------------------------------------------------------------------------------------------------------
> *
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-- 
Robert Heller             -- 978-544-6933
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