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Small Business Grants and Loans

The main federal agency in charge of funding american small business is the Small Business Administration (SBA). It's was created with the mandate to aid, counsel, assist and protect the interests of small businesses. The SBA services Americans throughout the United States with offices in all major cities. It is equipped with an extensive network of field offices and partnerships from both public and private organizations. Small business loans are one way in which the SBA assists small businesses.

Simply remember the SBA itself does not offer the loans but is rather a guarantor of loans offer by other institutions. The SBA doesn't offer too many grants where a small business receives money without any obligation. More interesting is that SBA's business loans offer very lower interest and/or collateral or guarantees when commercial banks aren't willing to provide business loans to individuals and companies.

If you are looking for an alternative to a regular commercial loans or simply for a loan to start or expand your business the SBA may very well have a solution for you.

Franchise ( 2 items )
Buying a franchise can offer many advantages for entrepreneurs who desire to start their own business but want to avoid the high risk of starting a new company from scratch. Buying a franchise means a reduction of costs, money and energy compared to start-ups. It can also be the right choice for those having a hard time finding the necessary financing.
Small Business Grants ( 1 items )
Grants are given to organizations for the purpose of their expansion and enhancement so that they in turn can continue to help provide small businesses with management, technical or financial assistance.
Small Business Loans ( 5 items )
It is important to understand that loan programs for small business provided through the SBA come from private institutions as well as other institutions.
The SBA’s main function is a guarantor of loans. This means they guarantee the loan for you in case you cannot pay it back. Getting a small business loan from the SBA means that if you couldn't get a regular loan from a bank for your business because of personal or business credit problems the SBA can guarantee it for you and give you access to a bank loan.
There are 11 loan programs offered through the SBA. You can find Small Business Loans in this section.
7(a) Loan Programs ( 4 items )
The SBA has information on six lender programs. In the Certified Lenders Program (CLP) loan applications are received from experienced lenders who have a successful history of SBA lending.

The Preferred Lenders Program (PLP) is another part of the streamlining process to help determine which small business will receive financial assistance.

The Patriot Express Program is for veterans, active duty military, reservists, National Guard and spouses of those mentioned.

There is also information on SBA Express, Community Express, and Secondary Market Program.
You can find information on all 7(a) programs in this section.
Special Purpose Loans ( 8 items )
SBA’s Special Purpose Loans cover a variety of business needs. They include loans to expand your business, ease your cash flow, meet international demands, and assist businesses that have been affected by NAFTA, implement employee ownership plans and install pollution control mechanisms among others.