Consider SBA-Sponsored Funding Opportunities

Congress created the Small Business Administration (SBA) in 1953 to assist entrepreneurs in creating successful small enterprises. There are SBA offices in each of the 50 states, as well as in the District

of Columbia, the Virgin Islands, and Puerto Rico. Its primary goals are financing, training, and advocacy for small businesses. The SBA partners with thousands of lending, educational, and training institutions nationwide to meet these goals.

Contrary to popular thinking, the SBA is not a lending institution. It simply assists lending partners by guaranteeing major portions of loans made to small businesses when other funding or financing options are not available due to a variety of reasons.

SBA lending programs change, and program requirements are very broad in order to accommodate a wide range of financing needs. An exploration of the SBA Web site will provide the latest lending information and help you to define your requirements and needs analysis in more concrete terms.