Struggling small businesses with a good track record prior to the current fiscal crisis can keep their doors open with special $35,000 no-interest, fee loans backed by the Small Business Administration, starting in early summer 2009.
The America’s Recovery Capital (ARC) loans, made possible under the American Recovery and Reinvestment Act, are deferred-payment loans of up to $35,000 available to established, viable, for-profit small businesses that need short-term help to make their principal and interest payments on existing qualifying debt.
“These government-backed loans couldn’t come at a more critical time for many small companies,” said Information USA-founder and government watchdog Matthew Lesko. “There’s going to be a rush to get one, so it is imperative for small business owners to know the best way to get to the head of the line.”
To learn more about the eligibility requirements and the process involved in getting this assistance, see: http://www.sba.gov/idc/groups/public/documents/sba_homepage/news_release_09-30.pdf and www.sba.gov/recovery/arcloanprogram/index.html.... You can also learn more by contacting your local SBA office. To locate the nearest location, see: www.sba.gov/localresources/index.html.
For anyone wanting a piece of the stimulus package, the name of the game is being first in line, and that means knowing when and where the money is being appropriated.” For even more up to date news, analysis and expert advice on landing government loans and contracts visit: www.leskobooks.com for the Government Money Club featuring live assistance for members, direct links to programs and contacts for finding grants, favorable loans and free business services. Plus finding money to live on while building a business; and selling services or products to local governments are also among the many areas covered at the site and available to members.
Friday, July 17, 2009
$35,000 no-interest, fee loans backed by the Small Business Administration
Tuesday, June 2, 2009
15 Billion in Unclaimed Money
New government website helps you recover lost money...
Each year, over 15,000 savings bonds and 25,000 payments are returned to the Department of the Treasury as undeliverable.
In addition, billions of dollars in savings bonds have stopped earning interest, but haven’t been cashed.
Treasury Hunt tells you about savings bonds no longer earning interest. If you still have these savings bonds, cash or reinvest them so your money can start working for you again.
Visit http://www.treasuryhunt.gov/
Monday, May 18, 2009
Free Money & Help Consolidating Your Bills
Finance Details: "Consumer Counseling Centers of America Inc. provide free bill consolidation, credit counseling and debt counseling to all individuals and families that desire assistance. Contact Consumer Counseling Centers of America Inc., 601 Pennsylvania Avenue NW, Suite 900 South, Washington, DC 20004; 202-637-4851; www.consumercounseling.org ."
Sphere: Related ContentTuesday, May 12, 2009
"$5,000,000 In Venture Capital For Starting Businesses In Poland"
"$5,000,000 In Venture Capital For Starting Businesses In Poland"
Business Details: "This program provides equity investments in Poland for manufacturing, consumer goods, distribution networks, merchandising, and related service networks. This program is designed to promote and facilitate U.S. investment in emerging market economies by working with private capital to make direct equity and equity related investments. Investment funds are designed to complement OPIC loan products. Each investment fund must meet OPIC policy requirements, including impacts on the U.S. economy and employment. Contact OPIC, Landon Butler, President, Poland Partners, 700 13th St., N.W., Ste. 1150, Washington, DC 20005; 202-737-7300; Fax: 202-737-7604; (info@opic.gov}; The are not government grants but are included in the money club http://www.opic.gov/subdocs/public/publications/fundlist.htm
Tuesday, May 5, 2009
The Government Will Pay My Mortgage
Housing Details: "There are now programs that will make your mortgage payments for you when you get into financial trouble. For example, Pennsylvania law, 35 P.S. § 1680.401 et seq., states it will provide ""mortgage assistance payments to homeowners who are in danger of losing their homes through foreclosure and through no fault of their own and who have a reasonable prospect of resuming mortgage payments within the prescribed time frame."" Pennsylvania calls it the ""Homeowners' Emergency Mortgage Assistance Program."" One of the best ways to find out if there are programs like this in your area is to contact the local HUD approved Housing Counseling agencies. To find your closest agency, contact your state housing office, the Housing Counseling Center locator at 1-888-466-3487; {www.hud.gov/offices/hsg/sfh/hcc/hcc_home.cfm}, or Housing Counseling Clearinghouse, P.O. Box 9057, Gaithersburg, MD 20898; 800-217-6970; Fax: 301-519-6655. If your local agency doesn't have money to pay your mortgage, they will certainly help you work out other arrangements with your mortgage company."
Grant URL: http://www.hud.gov/offices/hsg/sfh/hcc/hcc_home.cfm
Tuesday, March 24, 2009
The $1.98 Grant Scam Exposed By Matthew Lesko
Watch this video of Matthew Lesko and a government newcast on how a particular internet scam is being operated.
Business grants
MORE Free Money Programs For Business
Here are some other real grant programs for starting or expanding a business taken from our new book Free Money For Entrepreneurs. If programs are only for a given state or area be sure to check for similar programs in your area. The programs below represent only a sampling of the free money programs available to entrepreneurs.
Small Business Grants
$10,000 Grant To Start A Mom And Pop Business
$5,000 Grant To Sell Your Product Overseas
Up To $1,000,000 Grant To Recycle Toilet Paper
$2,500 Grant For Every Employee You Have
$2,500 Grant For A Craft Business
$100,000 Grant For Winery Business
$20,000 Grant to Prepare A Loan Package For An Apartment Building
$15,000 Grant For Small Town Developers To Fix Up Homes
$5,000 Grant To Help You Get A $300,000 Grant
$150,000 Gant For A Day Care Center
$25,000 To Fix Up Your Office
$10,000 Grant To Turn Your Barn Into An Office
$20,000 Grant To Start A Business In Orlando
$20,000 Grant To Start A Video Business
$5,625 Grant To Start A Sewing Business At Home
$90,000 For An Energy Efficient Business
$300,000 For Documentary Film Makers
$475,000 Grant To Run A Winery On Government Land
$250,000 To Make Videos For TV
$5,000 To Start A New Business
$32,500 To Start A Business In Toledo
$7,500 Grant For New Landscaping For Your Business
$250,000 To Start A New Business
$3,000 To Start A Home Based Knitting Business
$700 Grant to Start A Catering Business
$5,000 Grant To Start Your First Business
$75,600 To Start A Day Care Center
$7,000 To Fix Up A Day Care Center
$100,000 Grant For Day Care Providers
$500,000 Grant For Target Stores
$400,000 Grant For Home Depot
$1 Million Grant For Best Buy
$234,782 Grant To Train Technical Employees
$10 Million Grant For R.H. Donnelley Corp.
$23,623 Grant To Sell Wine
$150,000 Grant To Produce Snack Foods
$50,000 Grant For Machinery to Make Jim Beam
$580,000 Grant To Train Hotel Employees
Check out the website for MORE Free Money Programs For Business
All of this and much more can be found in the government money club
Help To Fill out government applications
Is There Free Help Filling Out Applications For Loans And Grants?
Applying for government loans can be can be a bit more complicated than a few pages of fill in the blanks, but free help is available to help you with this process, especially if it is for business or real estate. Contact one of the 1,000 Small Business Development Centers around the country that will help you fill out applications for free or next to nothing.
There are also many non-profit organizations around the country that provide free and low-cost help in filling out grant and loan applications. No one source knows the location of all these groups, but a good place to start looking is the Microentretprise Fund For Innovation, Effectiveness, Learning and Dissemination that is part of the Aspen Institute in Washington DC: fieldus.org/Publications/Directory.asp. You can also contact your local public library to help you locate a similar local source.
Will The Office Giving Out The Money Give Me Help Filling Out The Application?
Yes, they will help. That is part of their job. How much actual help they will provide will varies from office to office. If they are not helpful enough, contact an office of their superior or the office of your elected official for that level of government. For example, if you are having a bad experience in dealing with a federal government office, contact your congressman or senator located in Washington, DC. If it is a state office you are dealing with find your representative at the state level. Your local libraries can help you identify these people.
Can I See Copies Of Successful Applications?
Yes, of course. Remember anything the government does, it does in your name (as long as we remain a democracy). So when the government gives out money it is really giving out your money and you have a right to see how they are giving it out. This includes seeing copies of past applications. In order to protect the privacy of individuals, the government may delete some of the applicants personal information before they show you a copy. But thats OK. All that you really need will still likely be there. If a government office is not very cooperative in providing you with an application, you can request to be transferred to an office called The Freedom of Information Act Office. Every agency has such an office that will enforce your rights.
Should I Become A non-Profit?
Probably not, but like the answer to most any question, the real answer is, it depends. Non-profits are generally involved in one of the following activities: charitable, religious, educational, scientific, literary, testing for public safety, fostering national or international amateur sports competition, and the prevention of cruelty to children or animals.
If you are going to be involved in one of these activities then you MIGHT want to consider becoming a non-profit. But, start looking for money first, before you invest in becoming a non-profit. You might be able to get the money you need without being a non-profit. So why waste the time and money before you know for sure? Wait till you find someplace that looks like a good place to get your money and find out if their requirements include you becoming a non-profit. That is the time to become one.
Do I Have To Pay Back A Grant?
NO. NO. NO. Grants, direct payments, and other free money available from government offices and non-profit organizations do not have to be paid back, EVER.
Can I Apply For More Than One Grant?
You certainly can apply to more than one of anything. The worst that can happen is that you apply to 12 places and 12 places give you money, and some of them say you have to give the money back if you get it from another source. This is a nice problem.
Can I Apply To The Same Place Twice?
Yes. And this is true whether you get the money or not. Some believe that there are even offices that will reject you automatically on your first attempt just to make sure you are serious. But there are other programs that give out one grant per customer. The best advice is to just keep applying until they tell you to stop.
Do I Have To Pay Taxes On A Grant?
As a general rule the answer is no, and you can always find out the exact answer when you find a program you wish to apply for. If the money is for business or for operating income for any organizations what you spend the money on will all be expensed before you pay taxes. Most free money for education and training is not taxable. And most free money used to pay expenses is also tax free. There are some exceptions to this personal expense money, but you will be notified well ahead a time if this is the case.
Do I Have To Have Good Credit To Get A Grant?
Normally credit rating does not matter. Why would they worry about how you are at paying back your loans? They dont want this money back. The government will even give you grant money to pay for college courses while you are in jail, but they wont give you a college loan.
About the Author: Learn more about getting free money from the government with Matthew Lesko Matthew Lesko Matthew Lesko is America's #1 Expert on Government Grants, Free Money and Information. He is an author, lecturer, and consultant to Fortune 500 companies. He has written 100 books, two which were New York Times Best Sellers
Monday, July 21, 2008
Money Club Grant News
New analysis: Third of Iowa businesses getting loans fail
DesMoinesRegister.com - Des
Moines,IA,USA
By HENRY C. JACKSON • AP Writer • July 20, 2008 Nearly a third of the small
companies receiving grants and loans from a state program designed to
boost ...
Nine Missouri Candidates for Federal Parks and Recreation Grants
Kansas City infoZine - Kansas
City,MO,USA
Nine Missouri communities will be recommended to the National Park Service
to receive more than $500000 in federal grants to assist with park
and recreation ...
Brown grants political, economic support to Palestinians
Xinhua - China
BETHLEHEM, July 20 (Xinhua) -- Visiting British Prime Minister Gordon Brown
pledged on Sunday his country grants political and economic support
to the ...
$20000 grants help two agencies serve
Worcester Telegram - Worcester,MA,USA
“This is one of the really happy days, when we get to give out these
grant awards,” said Thomas F. Bagley III, chairman of the board of
trustees for the ...
Government reclaims unspent Louisville housing funds
Louisville Courier-Journal -
Louisville,KY,USA
The US Department of Housing and Urban Development has reclaimed portions of
10 grants because not all the money was spent by the city, according
to ...
West Side's king of grants
Chicago Tribune - United States
They represent the millions of dollars in grants Hendon has secured
for churches, businesses and community groups in his district. ...
Kiryas Joel gets $10.5M in grants for women's center
Times Herald-Record -
Middletown,NY,USA
The village later won that grant — then another and another in the
ensuing years. As the project cost soared, village leaders repeatedly turned
to powerful ...
State after-school grants go to dubious programs, political
supporters
Chicago Tribune - United States
By Stephanie Banchero and Patricia Callahan The state is squandering
taxpayer money on dubious after-school grants, including many that
rewarded one ...
Thursday, November 15, 2007
Matthew Lesko's Government Money Club
Free Government Money Club
Matthew Lesko's online club of government money and help. Has a live expert to help you find the government money programs you qualify- to helping you fill-in the application correctly. Covers government grants, loans, contracts and more. Research old applications, preview videos descibing various aspects of obtaining money and so much more in the government money club.
Wednesday, October 17, 2007
Matthew Lesko Money Club Live
Government Money Club Members Only!! Chat to Lesko Live WEDNESDAY, OCTOBER 17TH FROM 5:00 PM TO 6:00 PM EST Matthew Lesko Will Answer Questions Live By Web Cam : Non Members Can Watch And Listen |
