SBA ARc loans a non-existent joke
by cc1824, Window Shopper
- Created: March 23, 2010, 9:12 pm
I am not bashing SBA for this, but the banks.
The current loans being backed by our so-called banks for the SBA ARC program for small business' are a joke! Since the banks are not lending money to anyone for this program why even have the program or advertise it.
Good luck trying to get anyone to even fax you a 25 page application, yep 25 pages, would they like your first born for gods sake? this is ridic.
As a small business owner I find this process insane just to get a loan from a bank backed by SBA. Since this money was given to the banks I can find no bank participating in these loans, no one to lend the money, etc. So you may ask yourself as a small business owner where is the money? Where is all of our hard earn tax money?
Maybe we as small business owners who are having hard times should go on strike to not pay taxes, until the bank wants to loan some money.
I am veryupset about this useless ARC program and that us small business owners can't get any help to stay in business, but that banks and the gov can take our tax money so they can eat and keep a roof over their childrens' heads and sleep well at night.
As i said before good luck getting this loan its just another waste of our tax paying dollars and less help for taxpayers!
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