What your business needs to know about the loan program being considered by the city and VyStar Credit Union

What your business needs to know about the loan program being considered by the city and VyStar Credit Union

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The partnership between the city of Jacksonville and VyStar Credit Union will set aside millions for loans, with the city paying interest on the loans for the first year. VyStar will also be relaxing its underwriting criteria, with businesses that have been operating for only a year eligible to apply. The plan is still in the design phase. It is expected to go before the City Council for an emergency vote next week, council President Scott Wilson said Tuesday. The loans can be up to $100,000,…

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