The Economic Development Bank announced Wednesday it granted local company South Puerto Rico Towing and Boat Service Inc. an $8 million loan and credit line to use for operating expenses.
Scotiabank de Puerto Rico recently approved $20.4 million in financing to Renovous Capital, LP to complete its acquisition of EDIC College Inc., the bank announced Monday.
The U.S. Small Business Administration approved 264 loans in Puerto Rico and the U.S. Virgin Islands during the first six months of fiscal year 2012, a 13 percent increase over loans approved during the same ...