Does anyone know if the SBA 7A loan system will work for non-profit corporations building community public radio stations? Or will SBIC companies be able to lend to our non-profit? Any information would be greatly appreciated.
No, the SBA programs can not be made to non profits. One of the resons for
this is that they require a personal guarnatee and with non profits this is
problem.
Niaho33 | Window Shopper | 8/16/2012 - 11:01 pm
PDLoans | Window Shopper | 7/14/2012 - 3:39 pm
non profit section here: http://www.sba.gov/content/nonprofit-organizations
jrauth | Window Shopper | 4/5/2012 - 11:29 am
this is that they require a personal guarnatee and with non profits this is
problem.
kmurray | Community Moderator | 1/5/2012 - 9:53 am
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