Small Business Finance Advice Blog

Tuesday, July 18, 2006

SBA loan programs can be just the ticket to get your business off the ground

Do you feel like your job is leading you nowhere? Worse yet, do you feel that if you just had the income for a start up operation you could do better job leading your own company than your current supervisor?

Well the U.S. Small Business Administration (SBA) can be of real help if you want to make the move. The SBA has numerous loan programs for potential small business owners, especially those unable to secure traditional loans.

If you are interested in a for-profit operation in the United States the SBA can be of great assistance for your start up operation.

For more on the SBA programs see: http://www.azstarnet.com/business/138121.

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