The Small Business Administration (SBA) was founded in 1953 to help and protect small businesses, offering loans, consulting, and government contracts for women, minorities, and veterans. The SBA has provided nearly 20 million loans and other forms of assistance to small business owners and is one of the most cost-effective government agencies. SBA stands for […]
SBA disaster loans are low-interest loans offered by the US Small Business Administration to individuals or businesses affected by a declared disaster. There are four main types of loans, including those for repairing homes and personal property, repairing businesses, covering economic damages, and covering economic damages caused by military reservist deployment. Loans can be used […]
The SBA 504 loan program allows small businesses to purchase fixed assets with government-guaranteed loans obtained through a combination of financing from a conventional lender and a Certified Development Corporation. The program is only available for small for-profit businesses with a net income of less than $2.5 million USD and a net worth of less […]
SBA disaster loans are low-interest, long-term loans provided by the Small Business Administration for individuals or businesses affected by a disaster. There are four types of loans available, including loans for personal property, business repairs, economic damage, and military reservist deployment. Loans can be used for repairs, upgrades, or economic losses. Applicants can borrow varying […]
The SBA 504 Loan Program allows small businesses to purchase fixed assets with government-guaranteed loans. Loans are secured through a combination of funding from a conventional lender and a Certified Development Corporation. Only small for-profit businesses with net income less than $2.5 million USD and net worth less than $7.5 million USD are eligible. The […]
