A Basic Overview Of Practical Solutions In Business Funding

Theyre all 2016 recipients of financial aid from Fay-Penn Economic Development Councils $15 million revolving loan, which dispensed 12 small-business loans totaling $1.62 million. Overall, the loan fund is capable of making disbursements between $5,000 to $750,000. The more money that gets into the hands of small businesses, the better our economy, said Bob Shark, executive director of Fay-Penn. The 12 loans made by Fay-Penn created 23 new jobs and helped retain 118 existing jobs in 2016, said Jessica Firmstone, Fay-Penns loan program coordinator. Firmstone said most of the connections Fay-Penn

...