Hometown bank does good!
Under this new program, through the end of 2011, WSFS Bank will make available a special pool of $25 million to creditworthy businesses with annual revenues up to $10 million that commit to using the funds for immediate investment (equipment investment, hiring of employees, etc.) will be eligible for loans up to $500,000 with no closing costs or other bank fees and at an attractive fixed rate.
Read the WSFS press release. (PDF)