Secondary Market Lending Authority Program
Page 2

To understand this program further, one must first get acquainted with the idea of a secondary market. Simply put, a secondary market is the type of market that makes it possible for investors to purchase assets and securities from other investors, instead of buying them directly from the issuing companies themselves.

With that idea, the Secondary Market Lending Authority revolves around the working notion of enabling secondary market broker dealers to obtain direct loans in order to finance their inventory of SBA guaranteed loans, which they can then resale in the secondary market.

Small Business owners will then be able to directly avail of loans from the profit organizations that have signed up for Secondary Market Lending Authority Program.

For-profit organizations in the trades of Business or Commerce will be considered eligible to participate in this program.

The Small Business Administration, the principal agency overseeing the Secondary Market Lending Authority, is the country's leading agency that is dedicated to strengthen and maintain the nation's economy by way of assisting, counseling, aiding and protecting the best interests of small business establishments.

Secondary Market Lending Authority Program
  Back to Page 1

About The Author Iola Bonggay is an editor of TopGovernmentGrants.com one the the most comprehensive Websites offering information on government grants and federal government programs. She also maintains Websites providing resources on environmental grants and grants for youth programs.

Additional Resources

category - Small Business Grants

Federal and State Technology Partnership Program
The Federal and State Technology Partnership Program works around the objective of being able to boost and strengthen the technological competitiveness of small business establishments in the United States of America.

---

Common Bean Productivity Research for Global Food Security Competitive Grants Program
In keeping with this mission, the National Institute of Food and Agriculture has recently established the Common Bean Productivity Research for Global Food Security Competitive Grants Program in an attempt to develop approaches and methods that can efficiently address the various challenges facing common bean (Phaseolus vulgaris) production among small holder producers in food insecure countries.

---

Secondary Market Lending Authority Program
The Small Business Administration has constituted the Secondary Market Lending Authority program, one which aims to provide liquidity for the secondary market, thereby ultimately encouraging new lending opportunities from banks of Small Business Administration guaranteed loans.

---

Small Business Administration's Small Business Investment Companies
The Small Business Investment Companies Program revolves around the notion of developing privately owned and managed investment companies which will be licenses and regulated by the Small Business Administration, so as to provide equity capital, long term loans, and advisory services to small business requiring such services.

---