Supporting Arizona Businesses
U.S. Bank recently announced that it is partnering with the Arizona Minority Business Development Center and the U.S. Small Business Administration to roll out U.S. Bank's SBA Community Express Loan program in that state. The bank has similar programs in six other states. The program provides loans to businesses in low-to-moderate income communities, women-owned businesses, and businesses in areas with high concentrations of minority residents. The loans are designed to bolster areas facing economic challenges. U.S. Bank will offer federally backed loans and lines of credit up to $250,000.
Copyright © 2005 Bankers' Hotline. Originally appeared in Bankers' Hotline, Vol. 15, No. 9, 9/05
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