Small Business Administration's Loan Guarantees Program
by:
TopGovernmentGrants Editorial StaffThe Small Business Administration, also more commonly referred to as SBA, is the United States government's leading agency that is mainly focused on providing assistance to entrepreneurs and small business enterprises.
The efforts of the Small Business Administration are initially designed to pave the way towards the realization of their overall agency mission, which is "to maintain and strengthen the nation's economy by enabling the establishment and viability of small businesses and by assisting in the economic recovery of communities after disasters."
In addition to all its current 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.
The Small Business Administration is set to administer guaranteed loans to small business enterprises for purposes such as construction, expansion, conversion of facilities, purchasing of building materials and equipment, or simply for working capital.
(continued...)
Small Business Administration's Loan Guarantees Program
Page 2
About The Author
The TopGovernmentGrants Editorial Staff maintains one the most comprehensive Websites offering information on government grants and federal government programs.
The staff also provides resources to other Websites with information on environmental grants and grants for youth programs.
|
Additional Resources
category - Small Business Grants
Common Bean Productivity Research for Global Food Security Competitive Grants ProgramIn 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 ProgramThe 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.
Small Business Grants - Support for VeteransThe SBA is dedicated to lend a hand to the service people in America and directly links with the Patriot Express Loan for veterans who desire to initiate their own business and want to start commercial activities. The SBA also plays a role in encouraging growth and job creation during the process, which is an indispensable part to support economic prosperity.
Program for Investment in Micro-Entrepreneurs Technical AssistanceThe Program for Investment in Micro-Entrepreneurs Technical Assistance Program is designed to decrease the number of disadvantaged micro-entrepreneurs by helping them enhance their management capabilities, by way of providing them with technical assistance and training in the areas concerning activities that are associated with starting, expanding and growing their businesses.