Sam’s Club will offer small business loans of up to $25,000 to minorities, women and veteran-owned business’ in a test program. The super wholesaler is teaming with Superior Financial Group to make loans from $5,000 to $25,000. Applications are available online.
JP Morgan Chase is also focusing on the small business owner offering lines of credit with lower interest rates for customers approved with a $250,000 credit line. Source for both programs.