EXEControl Global
Solutions receives first Capital District Stimulus Loan
Albany, N.Y. – July 2009 – Allan D. Robison,
President & CEO for EXEControl Global Solutions, today
announced that EXEControl Global Solutions, a Clifton Park,
N.Y. company, has met the federal qualifications and has
been approved to receive a business loan guaranteed through
the American Recovery and Reinvestment Act. According to
EXEControl Global Solutions’ banking partner, this
is the first business stabilization small business loan
made in upstate New York.
“We (EXEControl Global Solutions) are quite excited
about the expansion efforts going on at EXEControl Global
Solutions. The switching of current debt to a six plus
year interest free loan is going to allow EXEControl Global
Solutions to be more aggressive with their current expansion
efforts. We are in the process of establishing operations
in the state of North Carolina and currently in the process
of hiring another person for our New York operations,” says
Allan Robison.
The SBA business stabilization stimulus loan program was
created by the Obama team to provide up to $35,000 of interest
free money to companies that have been profitable in the
past two years and have felt the effect of the current
economic downturn. The loan is paid out over the course
of six months, then the company is provided twelve additional
months of absolutely no payments followed by a five year
interest free repayment program.
EXEControl Global Solutions was founded in 1969 to provide
software, technology and general business assistance to
private sector companies. EXEControl Global Solutions offers
business software, business consulting, networking support
and services throughout North America. EXEControl Global
Solutions is well known as a corporate partner who helps
companies use technology to better their business by growing
sales, reducing costs, increasing margins and increasing
customer satisfaction.
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