Small Business Administration (SBA) Loans provide attractive financing to help small and mid-sized businesses purchase real estate for their business. Through an extensive network of field offices and partnerships, the Small Business Administration assists and protects the interests of small business concerns. National Small Business Week – The President of the United States has proclaimed the third week of June as Small National Small Business Week since 1963.
Small Disadvantaged Business administers two particular business assistance programs for small disadvantaged businesses (SDBs). For business transactions the most common and flexible program offered by the SBA is its flagship 7(a) Loan program. The study cites that 62 percent of Americans have a dream business in mind that they would love to start, and close to half (49 percent) of millennials, intend to start their own business in the next three years.
Women’s Business Ownership assists women with starting and running successful businesses, regardless of social or financial disadvantage, race, ethnicity, or business background. The SBA works to ensure that small business entrepreneurs can effectively access and navigate small business programs across the federal government.
HUBZone – The Historically Underutilized Business Zones (HUBZone) program helps small businesses in urban and rural communities gain preferential access to federal procurement opportunities. Please provide the following information when submitting your loan request: cover letter, application, personal financial statement, and a business debt schedule.
Since its founding on July 30, 1953, the U.S. Small Business Administration has delivered millions of loans, loan guarantees, contracts, counseling sessions and other forms of assistance to small businesses. The small-business lending plan is part of a concerted effort by the Obama administration to ensure that the new government programs aid Main Street as well as Wall Street, a Treasury official said.