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

Small Business Administration's Loan Guarantees Program
The Small Business Administration has established the Loan Guarantees Program wherein they aim to be able to provide guaranteed loans to small business establishments which are not capable of acquiring financing from a private credit marketplace but greatly manifests the ability to repay funds in a timely manner.

---

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.

---

Historically Underutilized Business Zones - HUBZone Empowerment Contracting Program
The Small Business Administration has established the Historically Underutilized Business Zones (HUBZone) Empowerment Contracting Program wherein they aim to provide federal contracting assistance to eligible small business corporations which are located in underutilized business zones so as to improve their employment opportunities, investments, and their area's economic development.

---

9 Things You Must Do To Maximize Your Chances Of Obtaining A Small Business Loan
To get approval for your small business loan application, you must be able to meet the lending criteria set down. Some organisations are more risk averse than others, and will therefore have more st...

---