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

Federal and State Technology Partnership Program
The Federal and State Technology Partnership Program works around the objective of being able to boost and strengthen the technological competitiveness of small business establishments in the United States of America.

---

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.

---

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.

---

Program for Investment in Micro-Entrepreneurs Technical Assistance
The 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.

---