Small Business Administration's Recovery Capital Loans
by:
Michael SaundersThe Small Business Administration, otherwise known as SBA, is the United States government's leading agency that is responsible for offering and providing support to the country's entrepreneurs and small businesses.
The Small Business Admianistration is constantly working towards enabling the growth and development of small businesses as stipulated in their mission statement, 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 keeping with the agency's mission, SBA has recently established the Recovery Capital Loans Program which 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 Recovery Capital Loans
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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.
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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.
Community Development Credit UnionsA 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.
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