You may have reached this page due to new security upgrades that have been implemented regarding multiple user logins. For security reasons, only one user is able to be signed in to an account per session. If multiple users at a single site need online access, please contact email@example.com for firm access reduced pricing. If, however, you believe your login information has been compromised, please call customer service at 1-800-451-9998 to determine how to reset your password. Already a paid subscriber but not registered for online access yet? For instructions on how to get premium web access, click here.
Business Advisory Committee weighs changes to small business loan program
By Caitlin Coakley CHARLOTTE — The City of Charlotte’s Business Advisory Committee on Friday discussed modifying the City Business Equity Loan program to make more businesses eligible. Gail Whitcomb, a business development representative with the City of Charlotte, discussed gaps in existing loan funding, particularly for start-ups. According to Whitcomb, most financial institutions will not loan to businesses less than two years old. “In the best of markets, start-ups often look at … friends and family, partners, your personal assets — your ability to obtain a credit card or your equity,” she said, adding that such resources have become tighter in the current economy.