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.
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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. |
As poverty rises in the Philippines due to personal or natural catastrophes, economist Antonio Meloto wants to turn its citizens into job generators rather than job seekers – a solution he believes would help lift the nation out of poverty. Special correspondent Fred de Sam Lazaro speaks to Meloto about his efforts to encourage social entrepreneurship in rural areas.