Changes
Jump to navigation
Jump to search
The Small Business Administration (view source)
Revision as of 17:24, 13 November 2015
, 17:24, 13 November 2015no edit summary
*Start-up friendly. All new businesses are eligible to apply. Although the maximum loan amount is $35,000, the average loan is approximately $10,000. [http://www.entrepreneur.com/article/79254| ]
*Unlike the 7(a) program, the funds to be loaned don't come from banks; rather, they come directly from the SBA and are administered to business owners via nonprofit community-based intermediaries. [http://www.entrepreneur.com/article/79254| ]
*Must concurrently enroll in technical assistance classes administered by the micro-lender intermediaries to be eligible for loan.===Other===*Export Working Capital Program provides short-term working capital to small, export businesses.*DELTA program provides both financial and technical assistance to help businesses dependent on defense installations transition to civilian markets.
