Small Business Finance Advice Blog

Sunday, July 16, 2006

Financing Your Small Business

When it comes to financing mechanism for your small business, an understanding of the various U.S. Small Business Administration (SBA) loan program options is paramount.

Among the many options to be considered are the SBA’s "Loan Guaranty Program," the offering referred to as "LowDoc," as well as the "Express" loan option and the "Micro Loan." Each of these offerings has specific criteria and focal points, whether it be to help a small business that is unable to secure loans through normal lending channels or to provide funding for the specific business entity seeking a fast track loan option for obtaining approval.

Each option carries with it specific funding request levels. For an explanation of each of the aforementioned loan offerings, please see:

http://www.blackenterprise.com/yb/ybopen.asp?section=ybaa&story_id=92509756&ID=blackenterprise

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