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Tag Archives: business loans

Sam's Club now offering small business loans

BENTONVILLE, Ark. — Wal-Mart’s warehouse chain Sam’s Club says it is offering small business loans of up to $25,000 to its business members. The division of Wal-Mart Stores Inc., which is based in Bentonville, Ark., is testing a program with Superior Financial Group, one of 13 federally licensed non-bank lenders, and will offer $5,000 to $25,000 loans to members who ...

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Obama approves extension of loan enhancements

WASHINGTON — President Barack Obama has signed legislation providing $80 million in additional funding to continue enhancements in the U.S. Small Business Administration’s (SBA’s) two key small business loan programs. The enhancements, first made available under the American Recovery and Reinvestment Act, include a higher guarantee on some SBA-backed loans and small business fee relief. The SBA estimates the $80 ...

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