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Wysłany: Śro 11:04, 21 Sie 2013 Temat postu: jordan pas cher Need A Small Business Loan |
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Small business loans are available from a variety of sources. There are banks, savings and loans and lending companies in the private sector that make loans to small [link widoczny dla zalogowanych] businesses. There are also some public entities that are involved in financing for small businesses. One such source is the Small Business Administration (SBA). The SBA is an independent federal agency that assists small businesses in various areas. One area of assistance is financial and as such it is a source of loan funds for small businesses. There are three different SBA loan programs geared toward different kinds of small businesses. [link widoczny dla zalogowanych] Each functions in a different way but each provides a means of financial assistance for small businesses.
The first program is the SBA's Business Loan program. SBA has various partners [link widoczny dla zalogowanych] is the community known as Lenders, Community Development Organizations, and Microlending Organizations. The SBA defines the parameters for the loan program and guarantees the [link widoczny dla zalogowanych] loans which are [link widoczny dla zalogowanych] actually made by their community partners, the various lending institutions. The guarantee means that the federal government will repay all or part of the loan in the event of a default by the small business borrower. The [link widoczny dla zalogowanych] small business owner should contact the SBA to learn the terms of this and other [link widoczny dla zalogowanych] programs.
A second program involves the Small [link widoczny dla zalogowanych] Business Investment Company (SBIC). These are public-private businesses that represent an investment partnership between the public and private sector. These business entities can [link widoczny dla zalogowanych] borrow funds [link widoczny dla zalogowanych] for venture capital financing through the federal government at low interest rates. The purpose of these investment companies is profit and to share in the success of the small businesses that they invest in and [link widoczny dla zalogowanych] help grow.
The third component of the SBA's small business financing program is called the Surety Bond Guarantee Program (SBG). This program provides financing by guaranteeing bonds for small contractors to bid on projects that they normally wouldn't be able to bid on. The surety is the SBA's guarantee to cover a portion of the loss if there is a breach of the contract.
These SBA programs help small businesses obtain funds that they might not otherwise obtain without the guarantee by the federal government. The government is assisting them by organizing lending sources and by assuming part or all of the risk of borrower fault. They are, in effect, shifting the risk of default from the lending institution to the federal government. These programs help small businesses grow and give them business opportunities they would not otherwise have had without the guarantee of the federal government.
Small business owners should contact the [link widoczny dla zalogowanych] SBA to see what programs and funds are available. Funding is based on appropriations and may change from year to year.
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