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.
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 is the lifeblood of the American economy …