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Daily Archive: March 9, 2005
Lending Programs Offer More Small-Business Aid
March 09, 2005 - startupjournal.com - Specialty lenders may not require credit or collateral, but they do still want to see a solid business plan and some related experience. "If someone wants to open a flower shop because they got laid off, but they don't have a business plan or experience, a loan would be a disservice," says William Burrus, chief executive officer of Acción USA, the Boston-based domestic arm of the international lender.
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