Replies to post #183479 on Eternal Image Inc (fka ETNLQ)

[Basser1]

Both Emerald and Buzzban have had their shares for quite awhile now and neither was given shares to promote, the shares that they were issued were the result of loans to the company.JMHO

EI does not issue shares for promotions. Why not call Tony and ask him the question of paid promotions since that answer will come directly from the company and not a message board poster.

Have a nice evening,

Basser

[Lurker from Mars]

Speak to UVgirl then. She works daily with peeps that loan money to businesses. I asked her to step up and she declined...She asked me to step up as an investor and I did...

[Specalculator1]

And perhaps they will change who they do business with. MayBE the credit market for small business will open up and with some numbers and history on the books, with AF's, Filings and other business related matters of assets they will be able to seek and obtain traditional business financing. The market is starting to improve and the administration and other gov's are looking to assist the small busines going forward. Banks are positioning towards this according to reports. I have yet to see a great deal of products being advertised. Oh wait!!

LOOK, SEE its happening already! EI might want to pick up the phone and call some of those people that said no last year..IMO

New $40 Million Lending Program Focused on Main Street & Small Business
Posted on: 04.27.10 by Danita Blackwood Small businesses, manufacturing companies and agricultural industries in Colorado will get a $40 million boost through new lending programs. The initiatives from the Colorado Housing and Finance Authority also known as CHFA were unveiled recently by Governor Bill Ritter.

“The best thing we can be doing in this tough economy is to give local businesses the tools they need to survive and ultimately thrive,” Ritter explained. “These new access-to-capital initiatives follow three years of aggressive economic development initiatives, including the nationally recognized Colorado Credit Reserve lending program. While Washington continues to fight over Wall Street, we here in Colorado are focused on Main Street. The additional investments we are announcing today will help Colorado companies large and small navigate through the recession and get the economy healthy again."

In addition to the new financing, Ritter said the Colorado Credit Reserve Program has now provided loans to 103 Colorado small businesses since being revived a year ago.

Under the new investments programs are:

CHFA will make $30 million available to help manufacturers seeking loans of $2 million to $10 million for real estate acquisitions, renovations and equipment purchases. Funding will come from federal Private Activity Bonds, which are passed through the Colorado Department of Local Affairs and administered by CHFA.
CHFA will expand the manufacturing loan initiative by launching a new Mini Bond Program, making smaller loans of $500,000 to $2 million available to manufacturers with 50 employees or less.
There will be a $10 million investment in CHFA’s Guarantee Purchase Program, which will support lending to agricultural and small businesses. CHFA will buy Small Business Administration, Farm Service Agency or Rural Business Service guaranteed loans originated by community lenders. Borrowers will receive a fixed interest rate on the guaranteed portion of the loan purchased by CHFA, and loan servicing will remain with the local lender.

The additional investments announced will build on the success of the Colorado Credit Reserve Program, which has provided 103 loans to small businesses across the state, saving or creating 700 jobs. Loan recipients have used the funds for working capital, inventory, equipment, real estate and lines of credit. The average loan amount is $28,000, with 52 percent of funds going to women- or minority-owned businesses.

After meeting with small businesses across the state, Ritter revived a small business lending program in 2009 as part of a package of business growth initiatives. The state is providing $2.5 million in seed money, which will be used in partnership with banks to leverage $40 million in private-sector lending.

For more information about Colorado’s Manufacturing Finance Program, click here.

For more information about CHFA's Guarantee Purchase Program, click here.

For more information about Colorado Credit Reserve, click here.



If your business is not in Colorado, you may find similar programs or initiatives on SBTV.com. Updates on government programs, private initiatives, and business events are listed online on SBTV.com along with streaming videos, podcasts and thousands of resources for your business success.