up to $250,000 Working Capital
* Approval in 48hrs!
* Cash within 10 days!
* No collateral required!
* Bad credit. OK!
* Re-pay at your own pace
Click Here to See if Your Business Qualifies!
Small business loans more than $250,000
Government Business Loans, Grants, & Working Capital!
Women * Minorities * Start-Ups* etc.
U.S. & Canada
The U.S. Federal Government is the nation's largest provider of financial
assistance for small businesses!
Since 1953 the Federal Government's Small Business Administration has helped
small businesses succeed, from start-up through the many stages of growth.
Many big businesses whose names are now household words -- FedEx, Intel,
Nike, Apple, Ben & Jerry’s, Compaq and AOL, just to name a few -- received
money from the Federal Government along the way.
Canada Small Business Financing Program
The Canada Small Business Financing Program seeks to
increase the availability of loans for establishing, expanding, modernizing
and improving small businesses. It does this by encouraging financial
institutions to make their financing available to small businesses.
Click Here For More Information About Government Grants & Loans For Small
Government Business Loans & Grants (Overview)
Small Business Loan Programs
The Small Business Administration is Congressionally mandated to assist the
nation’s small businesses in meeting their financing needs. The agency’s
mall business loan programs enhance the ability of lenders to provide long-
and short-term business loans to small businesses that might not qualify
through normal business loan channels.
There are basically four types of Small Business Administration business
loan and equity investment programs available: the 7(a) Business Loan
Guaranty Program, the 7(m) MicroLoan Program, the 504 Certified Development
Company Business Loan Program and the Small Business Investment Company
Basic 7(a) Business Loan Guaranty Program
The 7(a) Business Loan Guaranty Program is the Small Business
Administration's primary small business loan program. It is also the most
flexible small business loan program, since the agency can guarantee
financing under this loan program for a variety of general business
guaranteeing a small business loan, the Small Business Administration (SBA)
assures the lender that, in the event the small business owner does not
repay the business loan, the Small Business Administration will reimburse
the small business lender for its loss. The small business owner however,
still remains obligated for the full amount due.
You submit a business loan application to an SBA participating small
business lender for initial review. If the business lender approves the
business loan subject to an SBA guaranty, a copy of the business loan
application and a credit analysis are forwarded by the business lender to
the Small Business Administration.
Following SBA approval, the business lending institution closes the business
loan and disburses the funds to the small business owner. The small business
owner makes monthly loan payments directly to the business lender.
No balloon payments, loan application fees or points are permitted with 7(a)
business loans. The small business lender can tailor the repayment plan for
each small business.
Use of Proceeds
A start-up small business or existing small business may use the proceeds of
a 7(a) guaranteed business loan to —
• expand or renovate facilities;
• purchase machinery, equipment, fixtures and leasehold improvements;
• finance receivables and augment working capital;
• refinance existing debt (under some circumstances);
• finance seasonal lines of credit;
• construct commercial buildings; and/or
• purchase land or buildings.
Loan Prequalification Program
The SBA 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
program enables the SBA to pre-qualify an applicant for a 7(a) loan
guaranty before the applicant goes to a bank.
504 Certified Development Company (CDC) Program
The 504 Certified Development Company Program provides growing businesses
with long-term, fixed-rate business loans for major fixed assets, such as
land and buildings. Approximately 270 CDCs nationwide work with the Small
Business Administration and private-sector business lenders to provide
financing to small businesses. CDCs are nonprofit corporations set up to
contribute to the economic development of their local communities.
Low Documentation Loan (SBALowDoc)
SBALowDoc is the Small Business Administration’s quick and easy small
business loan program that provides a guaranty on small business loans of
$150,000 or less. You complete the front of a one-page business loan
application. The agency processes completed loan applications within 36
SBAExpress Loans provide small business loans of $250,000 or less.
The SBA provides a rapid response through its PLP processing center in
Sacramento, Calif.— within 36 hours of receiving the complete application
package. Lenders use their own procedures to approve and service the loans.
7(m) Microloan Program
The SBA’s Microloan Program provides very small business loans up to $35,000
to small businesses and not-for-profit child-care centers through a network
of locally based intermediary business lenders.
Through CAPLines, the Small Business Administration helps small
businesses meet their short-term and cyclical working-capital needs.
There are five short-term working-capital loan programs
for small businesses under the CAPLines umbrella:
Seasonal Line: These are
working capital advances against anticipated inventory and accounts
receivable help during peak seasons when businesses experience seasonal
Contract Line: Finances the direct labor and material cost associated
with performing assignable contract(s).
Builders Line: If you are a small general contractor or builder
constructing or renovating commercial or residential buildings, this can
finance direct labor-and material costs.
Standard Asset-Based Line: This is an asset-based working capital line
of credit for businesses unable to meet credit standards associated with
long-term credit. It provides working capital for cyclical growth, recurring
and/or short-term needs.
Small Asset-Based Line: This is an asset-based working capital line of
credit of up to $200,000.
Defense Loan and Technical Assistance (DELTA) Program
If you own a defense-dependent small business that has been adversely
affected by defense cuts or that is located in a defense-impacted community,
the DELTA Program can help you diversify into the commercial market.
The CommunityExpress Loans pilot program is designed to spur economic
development and job creation in untapped rural and inner city communities by
providing small business loans in low and moderate income urban and rural
Adjustment & Investment (CAIP)
CAIP loans are
intended to create new, sustainable jobs and preserve existing jobs in
businesses at risk due to changing trade patterns with Canada and
Export Working Capital (EWCL) Loan
The EWCP provides
short-term loans to small businesses for export-related transactions.
Under the EWCP, the SBA can guarantee up to 90 percent of a secured loan
International Trade Loan (ITL) Program
The International Trade Loan Program provides small business loans to
businesses engaged in international trade, prepared to engage in
international trade, or adversely affected by competition from imports.
Energy & Conservation Loan
Small business loans are available for businesses engaged in engineering,
manufacturing, distributing, marketing, and installing or servicing products
or services designed to conserve the nation’s energy resources.
Pollution Control Loan
This program provides small business loans to businesses that are planning,
designing or installing a "pollution control facility". Unlike the Energy
Conservation Loan, the Pollution Control Loan is for the end-user of the
pollution control facility.
Qualified Employee Trusts Loan
The Small Business Administration can guarantee 7(a) business loans to
employee trusts that are part of a plan sponsored by their employer, and
qualify under the Internal Revenue Code as an (Employee Stock Ownership
Plan) or the Department of Labor (under the Employee Retirement Income
Security Act). Loan proceeds may be used by an employee trust for a growth
and development loan, whereby the trust re-lends the loan proceeds to the
employer by purchasing qualifying securities in the employer's business; or
a change of ownership loan, whereby employees acquire controlling interest
in the employer's business. Collateral for the loan includes the assets of
the employer's business.
SBA ExportExpress Loans may be used for most export-related business
Small Business Innovation Research (SBIR)
Under the Small
Business Innovation Research (SBIR) program, 10 federal agencies having
annual external research and development requirements of more than $100
million, must reserve 2.5% of these funds for award to small businesses.
Business Technology Transfer (STTR) Program
Under the Small Business Technology Transfer
(STTR) program, five agencies with annual external research and development
budgets of more than $1 billion, must reserve .15% of these funds for award
to collaborative efforts between small businesses and non-profit research
Small Business Investment Companies
Investment Companies (SBICs) put venture capital, in the form of
small business loans and equity financing, into small businesses for growth,
modernization and expansion. SBIC's are investment companies licensed by the
Small Business Administration. They make venture capital investments and
long-term small business.
Canada Small Business Financing Program
Under the Program, a small business must apply for a
loan at a financial institution (bank, credit union or caisse populaire) of
its choice. If the loan is granted by the financial institution, the federal
government will reimburse 85 percent of the lender's losses in the event of
Business Loan Information Site Map
Government Grants & Loans For Small
The U.S. Federal Government is the
nation's largest provider of financial assistance for small businesses!
SBA Loan: Qualifying and Applying
In 1953 the United States government established the Small Business
Administration (SBA) as a way of assisting entrepreneurs in forming successful
small businesses through government guaranteed loans.
SBA Loan: Options, Benefits, and Lenders Part 2 of 2
In this second installment, we will further examine what kinds of SBA loan options are available, and for what kinds of businesses they are most advantageous. We will also discuss the different types of SBA lenders.
There are several different lending programs for those who qualify for an SBA
Alternative Venture Finance: Federal Grants and Loans
While most companies seeking venture capital initially think about angel investors and venture capitalists, a large alternative source of financing is federal grants and loans. The two largest federal grant programs are run by the Small Business Administration (SBA), and by Small Business Investment Companies (SBICs).
How to Get a Business Loan in Five Steps
Need funds to startup or expand your business? Follow these steps: A lender
looks at a loan request in three sections known as the "three C's". They are:
Credit, Capacity, and Collateral
Finance Your Home Business: Six Ways Under Your Nose
There are lots of ways to get additional capital to expand a home-based
business. But before you look outside for financing, leaving the decision about
your company's progress and merits to someone else, consider these six ways
under your nose to finance your home-based business.
Seven Tips For Credit-Enhancing Your Business Loan
What are the avenues available to
businesses with weak credit profiles or to companies pursuing credit
transactions that are perceived as too risky by credit providers?
Business Credit Scoring: Is It a Killer Application or Application Killer?
Computers now make important credit decisions for major banks and
financing companies. By gaining a better understanding of the credit scoring
process, you may be able to help your firm maneuver in the new world of credit
scoring. Here are some key points about business credit scoring worth noting.
Making Your Business Happen with a Commercial Lender
There are literally hundreds of commercial lenders waiting to provide new businesses with growth capital. With so many lenders to choose from, how can you get past the gimmicks to find the one that will fill your needs?
Business Loans from Family - A Good Idea?
One option is to ask your family for help. Asking for financial help is always a
tough decision, but sometimes it is the best option. In most cases a loan from
the family would be interest free.