Day: February 22, 2019

Getting A Business Loan In Arizona Is Easy

22/02/2019 By Tiffany

Without a doubt, Small Business Administration loans are one of the best ways to finance your small business.  Through 8(a) sole source and competitive contracting opportunities, the federal government acts as a catalyst for small business growth, innovation, job creation, and supports the national economic security of the nation. While many entrepreneurs and new businesses look to the SBA for financing, many established business take advantage of SBA-backed lending each year.

The borrower must have been in business for at least 12 continuous months before filing an application. Small Disadvantages Business Designation – Businesses can self-represent this status by entering it into the System for Award Management. Personal financial statement of the current year from any person who owns 20 percent or more share of the business.

As a result of a government wide focus on increasing small business contracting opportunities, during President Obama’s first term (FY2009 – FY2012) the …