The Small Business Administration has financial assistance programs that provide access to debt and equity primarily from banks or other private sources. By taking advantage of all the resources available, you can start and grow a successful business. I mean, the sun rises in the East, the sky is blue, and immigrants create jobs – it’s that level of certainty. It’s long established that new immigrants to the U.S. are far more likely to start a business, and in so doing, create jobs often filled by U.S. citizens.
The Small Business Administration guarantees some $12 billion per year in loans. For more information on the SBA Loans available, as well as SBA loan requirements, visit the U.S. Small Business Administration website. I have good credit and have paid back all my student loans, but I have no options for getting startup capital other than a business loan.
The Federal HUB Zone program is administered by the Small Business Administration (SBA). IRS Small Business web pages – these pages provide the information small business owners need, and will assist your membership with various IRS tax issues. You will gain valuable information, compile documents needed to submit to various certification agencies, and get hands on, step by step assistance from several small business advocates.
In addition to the two programs mentioned, keep in mind that it has a variety of solutions specific to small business owners. On Wednesday, April 13th, SBA will be conducting a Listening Tour to discuss changes as a result of the Small Business Jobs Act of 2010 (SBJA).
The Community Express Loan Program allows quick and reasonably priced SBA loans up to $250,000 (although most lenders are dispersing monies in the neighborhood of between $5,000 and $50,000 unsecured). 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.