Whether you’re starting up a new business or expanding an existing one, a Small Business Administration (SBA) loan from DNB First may be the answer to your financing needs. I had a hard time finding an SIC/NAICS code that correctly describes my online business. Homeowners and renters are eligible for long-term, low-interest loans to rebuild or repair a damaged property to pre-disaster condition. When a small business is awarded a government contract, the small business is often able to quickly create jobs and spur economic growth.
SBA loans are small-business loans guaranteed by the SBA and issued by participating lenders, mostly banks. In 2011, the SBA announced a proposal to change its definition of small business” to include larger companies, thereby allowing 9,450 additional businesses to become eligible for a federal small business contract.
Magazine reported that large corporations like General Dynamics, Lockheed Martin, and L-3 Communications received small business …