Small Business Administration's Recovery Capital Loans
Page 2

The Recovery Capital Loans Program offers deferred payment loans in the ceiling amount of $35,000 which could be payable for up to 5 years, and will not begin until 12 months after the final disbursements of funds are made.

The program is primarily designed to help small businesses pay for existing, qualifying small business loan for an period of time that does not exceed six months.

The Small Business Administration will also accept any type of available collateral in order to secure loans that are made under the Recovery Capital Loans Program.

To know more about this program, visit Topgovernmentgrants.com or go to the SBA.gov website.

Small Business with less than 500 employees will be eligible to take part in the Recovery Capital Loans Program.

The Small Business Administration, the principal agency funding this program, is primarily responsible for the maintenance and strengthening of nation's economy and they seek to achieve this by aiding, counseling, assisting and protecting the interests of small business establishments.

In the year 2009, the Small Business Administration has administered an estimated $255,000,000 for the Recovery Capital Loans Program.

Small Business Administration's Recovery Capital Loans
  Back to Page 1

About The Author Michael Saunders is an editor of TopGovernmentGrants.com one the the most comprehensive Websites offering information on government grants and federal government programs. He 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.

---

Business Loans From GovLoans
The government has launched innumerable programs that are all geared towards the achievement of this goal. Some of these programs involve the provision of technical assistance, training sessions, and strategies that would potentially help business owners in marketing their products and in expanding their businesses.

---

Community Development Credit Unions
A Community Development Credit Union, more commonly known as a CDCU, is a credit financial institution which owned and controlled by its members in an effort to sustain the ability of being able to provide a wide array of financial services.

---

How The Government Can Help Your Small Business
The United States Small Business Administration, otherwise known as SBA, is a United States government agency that was established on the 30th day of July, 1953.

---