The SBA Loan Guaranty Program
So, the government is here to help! Understanding the SBA program will ease some of the concerns many people have about getting assistance from the government for their business.
The 7(a) Program
This program is the primary loan guaranty program of the SBA.
The LowDoc Program
In 1993, the agency responded to growing concern of many very small (called"micro") businesses, which found SBA-guaranteed financing difficult to access.
The 504 Program
The 504 program was authorized by Congress to foster economic development, to create or preserve jobs, and to stimulant small business expansion.
Mechanics of the Program
Because the mechanics of the SBA loan guaranty program are often misunderstood, there is some criticism of the program or dissatifaction from the businesses that do not qualify.
- Featured Book
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The SBA Loan Book
The comprehensive handbook for obtaining a Small Business Administration guaranteed loan.
Obtaining credit in an artful skill. If learned and applied, this skill will reward the borrower's efforts by maximizing the financing available to the company, regardless of past problems or future uncertainties.
The SBA Loan Book can help the small business owner learn the dynamics of each step of the process.