An Overview Of SBA Borrowings For Small Businesses

The US Small Business Administration is an independent federal agency that works to assist and protect the interests of American small businesses. Going to a lender for a SBA loan is especially valuable for business owners seeking loans who may not have collateral required with typical commercial loans. Business owners that are in a disaster area may also be eligible for financial assistance from the U.S. Small Business Administration. Your entire product cycle becomes self-sufficient and one financial strain on your business has been eradicated. The bank and its client (small business) negotiate the terms within the parameters described in the following paragraphs.

As your Business Advisor I provide confidential discussions and resources to help you to make a better informed business decisions. Generally, any business eligible under the SBA’s regular guaranty program will be eligible. In addition to educational events offered on the SBA’s website, local offices also provide …