The SBA offers substantial educational information with a specific focus on assisting small business startup and growth. The idea behind the SBA-backed loans was that the commercial banking system wasn’t offering small business owners the same types of access to capital to start, grow, and keep their businesses functioning that those financial services institutions offer to larger businesses – given that they often have more assets and collateral, a larger cash flow, and a lengthier and more proven credit history.
Through the use of readings, cases, and class discussions, students will examine a variety of important topics impacting the global business environment, including business power, corporate social responsibility, business ethics, regulation, multinational corporations, globalization, pollution and environmental quality.
The Small Business Administration (SBA) was created by the Small Business Act of 1953 and derives its present existence and authority from the Small Business Act ( 15 U.S.C. 631 et seq.) and the Small Business Investment Act of 1958 ( 15 U.S.C. 661 ).
If you can, the best way to get working capital funding is to go to your local bank or credit union and apply for it. An alternative to going door to door would be to fill out a small business loan application with a websites that will shop your request to different financial institutions.
In effort to help small businesses grow and motivate people to starting a small business, this program provides them with access to government contracting opportunities, specialized business training and counseling, and help with their small business marketing and high-level executive development.