Posts Tagged "Small Business Administration"
Getting to Know Patriot Express Loan
A new loan program for veterans, military service members and their spouses was launched by the U.S. Small Business Administration (SBA) in 2007. The new loan program, Patriot Express Loan, can be utilized to start or develop a small business. The loan is an extension to the financial, technical and procurement assistance programs that the SBA provides to the military community. A streamlined loan solution, Patriot Express Loan is for the military community members including Reservists and National Guard members, active-duty service members participating in the military’s Transition Assistance Program, service-disabled veterans, and current spouses of any of the...
Read MoreApplying for SBA Loans
U.S. Small Business Administration (SBA) has been offering millions of counseling sessions, contracts, loan guarantees, loans, and other types of assistance to small businesses. SBA offers support essentially through its four programmatic functions. SBA offers small businesses with a diverse range of financing for small businesses, entrepreneurial development, government contracting and advocacy. SBA provides counseling for small businesses and low-cost training to promising entrepreneurs and established businesses. If you’re thinking about starting your own business, SBA offers some tips to assist you in your decision-making process. Create a business plan using...
Read MoreWhat You Need To Know About A SBA Loan Lender
Small businesses have contributed a lot to the economy of the United States. In fact, the small business industry has helped in keeping the United States economy alive by generating income for the owners and creating employment opportunities for workers. A significant part of the equation is the SBA loan lender – a private banking firm or a non-profit organization that has partnered with the Small Business Administration with aims to provide financial and other forms of assistance to individuals and companies to establish and / or grow their small business operations. Basically, an SBA loan lender is a financing party that shells out loans to eligible and approved...
Read MoreWhere To Get Minority Business Loans
In the United States, there are quite a number of government offices and private and non-profit organizations that extend minority small business loan to various individuals belonging to the minority. If you are a person who belongs to a minority and would like to start or expand a business, then you would be happy to hear that such financial assistance is readily available. The question, now, is where do you look for these loans and how would you be able to obtain one? The World Wide Web is full of information as to where you can get minority business loans. That said, care and caution should also be in place. Do not believe everything that you read, see, or hear in the...
Read MoreObtaining Government Funding For Small Business
Starting a business enterprise, improving a service, purchasing an equipment, or creating a new product requires substantial funding. However, majority of business owners do not have the liquid finances to back up these expenditures and the common route they take is apply for a business loan from a bank or a dedicated lending firm. However, banks and lending companies are very strict when it comes to approving loan requests and most of the time, these financing entities end up declining loan applications. The good thing, however, is that obtaining government funding for small business is very much possible. The Small Business Administration, also known as the SBA, has...
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