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    Economists Explain the Stimulus

    Economists Explain the Stimulus
    Two economists--one for and one against the stimulus--sound off on why small businesses are getting a bad deal. Often, economists can only agree to disagree, and on the subject of the economic stimulus, they are particularly divided. In fact, a few weeks before the American Recovery and Reinvestment Act of 2009 was signed into law, 200 leading economists lent their signatures ...
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    The America's Recovery Capital Loan Program Can Help Struggling Small Businesses Get Back on Their Feet

    The America's Recovery Capital Loan Program Can Help Struggling Small Businesses Get Back on Their Feet
    Jul. 19--The federal government has a new loan program designed to help struggling small businesses ride out the economic downturn. Called the America's Recovery Capital Loan Program, or ARC, it provides up to $35,000 in short-term relief for qualifying small-business owners. Funding is available until Sept. 30, 2010, or when funding runs out, whichever comes first. "The loans can be ...
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    Meltdown 101: What is CIT, and what if it fails?

    Meltdown 101: What is CIT, and what if it fails?
    NEW YORK - You may not have heard of CIT Group Inc., but there's a good chance you've shopped in stores that it helps keep in business. The New York-based bank is one of the nation's largest lenders to small and mid-sized businesses. Despite the scope of its customer base, however, CIT emerged from meetings with federal regulators Wednesday failing ...
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