ATI works out bank deal for businesses - WALB.com, Albany News, Weather, Sports

ATI works out bank deal for businesses

  • More WALB News10 HeadlinesMore News HeadlinesMore>>

  • Today's the day for News on the Road!

    Today's the day for News on the Road!

    Thursday, April 17 2014 2:15 PM EDT2014-04-17 18:15:52 GMT
    WALB News 10 is hitting the road for our 60th anniversary. You might remember this photo from 2004. Yolanda, Dawn, and Ben having fun with the Ladies of the Red Hat Society in Tifton for WALB's 50thMore >>
    WALB News 10 is hitting the road for our 60th anniversary. You might remember this photo from 2004. Yolanda, Dawn, and Ben having fun with the Ladies of the Red Hat Society in Tifton.More >>
  • Kutcher's peanut ponder picture makes London news

    Kutcher's peanut ponder picture makes London news

    Thursday, April 17 2014 2:03 PM EDT2014-04-17 18:03:13 GMT
    Ashton Kutcher, one of the world's top TV stars, stopped to ponder Georgia's official Peanut Statue in Ashburn. His selfie, showing himself and his fiancé, Mila Kunis, appreciating the structure, hasMore >>
    Ashton Kutcher, one of the world's top TV stars, stopped to ponder Georgia's official Peanut Statue in Ashburn. His selfie, showing himself and his fiancé, Mila Kunis, appreciating the structure, has circled the globe.More >>
  • Supreme Court to hear Cuthbert insurance case

    Supreme Court to hear Cuthbert insurance case

    Thursday, April 17 2014 10:15 AM EDT2014-04-17 14:15:49 GMT
    The Georgia Supreme Court announced that it will hear the case of BARZEY V. CITY OF CUTHBERT (S14A0620)  next week. A woman whose adult son was killed while working for the City of Cuthbert is appealingMore >>
    A woman whose adult son was killed while working for the City of Cuthbert is appealing a Randolph County court ruling that she is not entitled to her son's death benefit, even though she is his only legal heir.More >>

October 10, 2007

Albany - Banks will partner with business owners interested in opening up shop downtown, or in making improvements to current businesses. Albany Tomorrow worked out a partnership with Albany banks to offer loans at half a percentage point lower than they were originally approved for.

At least three banks, including Security Bank have already agreed to participate. "Our view is that this would be a good community service," said Mark Lane of Security Bank.  "I think that's where the discounted pricing came from, because anyway we can entice businesses to come downtown and hopefully thrive, then that's good for other businesses which is in turn, good for banks."

Businesses must fall within the master plan of downtown in order to qualify for the low-interest loan. ATI will submit the loan package to all banks within Albany and Lee county and encourage them to participate.

comments: news@walb.com?subject=ATIBankLoans

 

Powered by WorldNow