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.
To get loans to more businesses, Charlotte breaks down barriers
By Bea Quirk A Charlotte loan program that has languished the last two years is expanding its reach, as City Council members hope to help needy businesses weather the withering recession. For the first time, the city’s business-equity loans will be available to some types of businesses throughout the city. To date, only businesses in specific geographic areas could get the loans. At its meeting this week, the Charlotte City Council voted 10-1 to expand the program for two years. The expansion is in response to the devastating toll the recession has taken on the city’s small businesses. Unemployment in Mecklenburg County was 11.7 percent in January. The loan program, which fills in gaps when banks will not lend the full amount a company is seeking, began in 1992 with a fund to help small businesses in five low-income corridors: Beatties Ford Road, North Tryon Street, Rozzelles Ferry Road, Wilkinson/Freedom Drive and the Eastland Mall area.