Lifesaver loans saves jobs

Thanks to $20 million in loans assembled by the Valley Economic Development Center, local small businesses can still get cash - but it takes time, patience and lots of paperwork.
Gregory J. Wilcox in the Daily News.

Recipients say the payoff is worth the effort.

Just ask longtime auto dealer Howard Sellz, who recently received the first installment of a $450,000 loan from the Van Nuys-based VEDC.