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Rescue Plan

An emergency-assistance loan got this entrepreneur through her company's darkest hours.

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This story appears in the October 2005 issue of Entrepreneur. Subscribe »

Colleen Molter's IT staffing business, QED National, borrows money to smooth out cash flow during rapid growth and also during times of tragedy--like when the World Trade Center attacks put many of her best customers out of business.

QED needed serious help to continue operations and rebuild after 9/11. With a mix of apprehension and relief, Molter signed up for an emergency loan of $300,000 from the Federal Emergency Management Agency. FEMA offered an interest rate of just 4 percent for 15 years--and the money helped Molter keep all the staff of her New York City company onboard.

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