Secondary Market Lending Authority Program

by: Iola Bonggay

The Small Business Administration, also more commonly referred to as SBA, is the United States government's agency that is primarily in charge of offering and providing support to the country's entrepreneurs and small businesses.

The Small Business Administration efforts are all geared towards the realization of its mission, which is to strengthen and maintain the country's economy by way of enabling the development and viability of small business establishments by providing assistance in the economic recovery of communities after they have suffered from disasters.

In line with this mission, 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.

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Secondary Market Lending Authority Program
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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 - Minority Grants

Department of Agriculture: Technical Assistance and Training Grant
The Department of Agriculture has recently established the Technical Assistance and Training Grants program.

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Minority Business Enterprise Centers for Minority-Owned Businesses
The The Minority Business Development Agency has recently constituted the Minority Business Enterprise Centers (MBEC) Program wherein it aims to support minority-owned businesses by providing them with electronic and one-on-one business development services for a reasonably nominal fee.

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Small Business Administration's Recovery Capital Loans
The Recovery Capital Loans Program provides financial assistance to small business with less than 500 employees to obtain a deferred payment loan from the agency, in order to meet existing debt payments, thereby giving the business the opportunity to refocus their business strategy.

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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.

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