|
Government Businesses Loans For Women And Minorities! Up to $750,000!
Did you know...? ...the U.S. Federal Government is the nation's largest single financial provider for women and minority owned small businesses... ...the federal government's Small Business Administration has small business loan guarantees of more than $45 billion, in addition to a venture capital portfolio of $13 billion to help fund America's small businesses... ...many big businesses whose names are now household words - FedEx, Intel, Nike, Apple, Ben & Jerry’s, Compaq and AOL - received small business loans, grants, or venture capital from the Federal Government along the way.... The Federal Government offers a variety of small business loan programs to eligible small businesses which cannot borrow on reasonable terms from conventional small business lenders. Small business loans are made by private lenders and then guaranteed by the Small Business Administration. The loan guarantee will allow you to obtain a small business loan with a longer maturity at better repayment terms and interest rates, thereby reducing your monthly payments and the initial loan burden. Guaranteed loans have a maximum of $750,000. The Small Business Administration has also initiated a Small Loan Program, which is helpful in meeting the needs of women and minorities, and encourages lenders to consider SBA-guaranteed loans of up to $50,000. * Section 301(d) Small Business Investment Companies (SSBIC) are private, for-profit corporations chartered by the Federal Government's Small Business Administration to provide small business loans, venture capital and/or equity investments to small businesses owned and operated by socially or economically disadvantaged persons, including women and minorities. * The Small Business Loan Prequalification Program is offered to armed forces veterans, minorities, women, exporters, rural small business owners and business owners in certain specialized industries. This small business loan program enables the Small Business Administration to prequalify an applicant for a small business loan guaranty before the applicant goes to a bank. The maximum loan amount is up to $250,000. * The 504 Program is a very popular small business loan program designed to enhance community economic development through job creation and retention. The program assists small businesses in capital investments (including machinery, equipment and real estate) by providing long-term fixed asset financing of up to 20 years. * Seasonal Line of Credit Guarantees provide short-term small business loans for small businesses which experience seasonal decreases in business activity. * Handicapped Assistance Loans are available to physically handicapped small business owners and private non-profit organizations which employ handicapped persons and operate in their interest. * Small General Contractor Loans assist small construction businesses with short-term financing. * Energy Loans are available to small businesses engaged in manufacturing, selling, installing, servicing or developing specific energy measures. * Physical Disaster Assistance and Economic Injury Disaster Loans help small businesses and individuals recover from officially declared disasters. * Pollution Control Financing is available to small businesses needing long-term, fixed interest financing for planning, design and installation of pollution control facilities or equipment. * Surety Bonds make the bonding process accessible to small and emerging contractors who, for whatever reasons, find bonding unavailable. The contracts may be used for construction, supplies or services provided by either a prime or subcontractor for government or non-government work. Copyright © E.Q. Marketing International (EQMI) |
