Sunday, 30 December 2012

SBA Loan | FinanceDogma - Finance, loans, creditcard and mortgages

SBA Loan

The U.S. Small Business Administration was created by congress in 1953 to encourage the growth of commerce and aid in the forming of new businesses enterprises and to help with growth of existing enterprises. It acts in a way as a liason between congress and small businesses

The SBA loan program is a program that helps guarantee up to 85% of the loan amount. You still get the loan through the bank, only you have the SBA as a guarantor.. You might try to go to the bank and get a loan yourself first, and if you are turned down, ask if they would reconsider your request under the SBA loan guarantee program.

You may want to look into sba preferred and certified lending institutions.

You can approach the sba at any size or stage of small business development.

The SBA may take up to 10 days to process your application. Some of the main factors include collateral. If you don?t have colloateral, you won?t necessarily be rejected, but collateral is a very important factor in all loans.

To be eligible for the sba loan program a business must be operated for profit and must not exceed certain company size standards.

You can get a lot of business information at the local SBxA office and may even be able to find mentors with ?SCORE? ? The Service Corps of Retired Executives which provides free counseling to small business owners.

No comments yet.

Source: http://www.financedogma.com/finance/sba-loan/

ncaa tournament 2012 peyton manning 49ers andy pettitte tyler clementi kevin kolb sarah shahi george clooney

4 comments:

  1. What is good food for irritable bowel syndrome? What is bad food for irritable bowel syndrome? Why does it even matter? By answering these questions properly you are reinforcing your lifestyle and protecting your happiness even further with knowledge and tools at your disposal for reinforcement for overall better living. Lumion 9.5 Pro

    ReplyDelete
  2. Intending start up a enterprise around the web involves revealing marketing plus items not only to women locally, yet somehow to several buyers who are web-based as a rule. e-learning visualcam 2017

    ReplyDelete
  3. After study many of the blogs on the website now, and i genuinely as if your strategy for blogging. I bookmarked it to my bookmark site list and you will be checking back soon. Pls take a look at my internet site as well and tell me if you agree. prosoftstore.com

    ReplyDelete
  4. I definitely did not realize that. Learnt something new nowadays! Thanks for that. 먹튀검증

    ReplyDelete