Changes

'''Loan Programs'''<br />

The Small Business Administration establishes guidelines for loans, but does not make direct loans to small business. However, established SBA guidelines for loans are adhered to by its partners. In addition to the general small business loans, the SBA offers disaster loans, microloans, and real estate and equipment loans.

'''Venture Capital Program'''<br />

The Venture Capital Program provides services to help fill the gap between available growth capital and the needs of small businesses. While the SBA does not invest directly in small businesses, it encourages private investment funds to do so.

'''Surety Bonds'''<br />

If a small business is unable to obtain surety bonds, the Small Business Administration will enter a surety agreement. Surety bonds are guaranteed for contracts up to $5 million. However, in some cases, the SBA will guarantee bonds for contracts up to $10 million.

'''Women-Owned Small Business Program'''<br />

Offers Economically Disadvantaged Women-Owned Small Businesses the opportunity to compete against each other for federal contracts in industries where women-owned small businesses are underrepresented.

'''8(a) Business Development Program'''<br />

Offers business assistance to small businesses controlled, at least 51%, by socially and economically disadvantaged individuals. The program is a nine year commitment with a four-year developmental stage and a five-year transition stage. Participants in the program can receive sole-source contracts up to $10.5 million for goods, services, and manufacturing costs.

'''Criteria'''<br />