small business loans News

Cuomo Criticizes Predatory Lending Approach Involving New York Courts

New York Governor Andrew Cuomo is seeking to end his state’s role as the nation’s collections department for predatory loans to small businesses. Cuomo plans to submit legislation to curtail the use of confessions of judgment, he said Tuesday in …

SBA Approves Disaster Loans for Southern Mississippi After Spring Floods

The U.S. Small Business Administration has approved disaster assistance for South Mississippi counties that saw torrential rains and flash flooding April 28 through May 2. The Mississippi Emergency Management Agency announced the flooding aid June 7 in a news release, …

Disaster Loans Available to Florida Businesses Affected by Tornadoes

The U.S. Small Business Administration is accepting applications for low-interest disaster loans for Florida Panhandle businesses and residents affected by tornadoes and storms in February. The loans are available for Escambia and Santa Rosa counties in Florida and Baldwin and …

Vermont Opens Loan Program for Flood-Damaged Businesses

Vermont businesses damaged by recent flooding are now eligible for an emergency low-interest loan program approved by Gov. Peter Shumlin and the chairs of the Legislature’s money committees. The state Emergency Board, made up of Shumlin and the chairs of …