SBA small business loans are offered to start-up businesses by the Small Business Administration or the SBA, in order to provide them financial assistance. The Small Business Administration didn’t just survive; the House Resolution Committee also agreed upon additional SBA loan 504 provisions, such as extending disaster relief funding to those under contract with SBA financing. Business loan amounts are available from $5,000 to $15,000 and no business plan is required.
When lenders eliminate the requirement of having a business plan, it is a positive step in getting business loans to small business owners quickly and easily. The SBA loan rates are among the major concerns of most entrepreneurs when applying for an SBA business loan.
SBA’s Office of Capital Access will discuss opportunities to accessing capital, and how SBA loan programs ( including new Jobs Act tools ) can help. The Small Business Administration helps Americans start, build and grow businesses. Purchasing equipment, financing the purchase of a business and in certain instances, working capital.
KeyBank was selected by the U.S. Small Business Administration (SBA) as the 2012 Large 7(a) Lender of the Year. The City of Tulsa Human Rights Department and partnering agencies are hosting a series of workshops all designed to assist you with how to do business with local governments and private industry.
If you know you’re ready, move on to the list of 20 Questions Before Starting a Business Both of these resources will help to get you in the right mindset for this new endeavor you wish to undertake. Military spouses make great entrepreneurs, and small business ownership can be a transportable, flexible vocation that supports a military career.