SBA’s 8(a) Program Can Help Some Companies Compete

Recently, Rockland Trust was ranked third overall in SBA (Small Business Administration) lending in Massachusetts for 504 and 7(a) loans in the fiscal year ending September 30, 2016. Fast-expediting loans of up to $350,000 provide fixed-asset purchase power, debt consolidation, or working capital. Loans $25,000 or less – base rate plus 4.25 percent or base rate plus 4.75 percent. At a confirmation hearing of the Senate Small Business and Entrepreneurship Committee, McMahon emphasized her background and ambitions to be a job creator since her unsuccessful 2010 and 2012 campaigns for U.S. Senate.

The BS in Business Administration – Small Business degree online was developed in cooperation with business professionals to provide the expertise you need to start and operate a small business. The mission of SBA’s Office of Business Development (BD) is to administer the section 8(a) program, which offers business development assistance to eligible small government contractors.

The SBA programs that contribute to this Agency Priority Goal are: Size Standards, Mentor-Protégé, 8(a) Business Development, 7(j) Technical Assistance. The 68-year-old McMahon was a major Trump backer during his campaign, giving $6 million to a pro-Trump super PAC.small business administrationsmall business administration

Business type definitions and funding special funding opportunities: Since there are a variety of ways to classify a business , there are different government programs that support each type. Women’s Business Centers are mandated to serve a significant number of socially and economically disadvantaged individuals.

SBA will continue to support small business access to capital by increasing the number of lenders participating in the flagship 7(a) loan program (including the Community Advantage pilot program). Such banks are a good bet in general for businesses financing because they have more leeway when it comes to approving loans, and their officers can be a wellspring of business financing advice.small business administration