small business administration

Guaranteed Loans

Designed for businesses looking to purchase an existing business, expand to another location, buy equipment, acquire land or a building, or a combination. Understanding a little more about loans backed by the Small Business Administration can help you decide whether they’re right for your business. Buying or building an owner-occupied commercial property, or purchasing equipment for your business. Help can usually be obtained from SCORE, Small Business Development Centers, Certified Public Accountants (CPAs) and consultants who are available in many communities.small business administrationsmall business administration

This is a great way to find a local network of business owners and like-minded individuals. Trump has also nominated billionaire businessman Wilbur Ross as commerce secretary, and financier Steve Mnuchin as treasury secretary. The Preferred Lenders Program (PLP) is another step in the SBA’s process of streamlining” the procedures necessary to provide financial assistance to the small business community.small business administration

Small business is the lifeblood of the American economy and a significant generator of employment, creating more than 64 percent of new jobs, according to the U.S. Small Business Administration. Economic-injury assistance is available regardless of whether the business suffered any property damage,” McMahon said.

The Small Business Administration (SBA) sets the maximum interest that banks can charge on CDC/504 loans. SCORE volunteer counselors (working or retired business owners, executives or corporate leaders) provide free business advice to entrepreneurs. Government Contracting/BD helps enhance the effectiveness of small business programs by working with Government Contracting and Business Development (GC/BD) program offices and others to develop policies, regulations, and statutory changes.

The Research Network aims the content of this blog primarily at the New York Small Business Development Center (NY SBDC) community on the kinds of things we encounter every day. You must have an established business and solid personal and business finances to qualify.