If you're planning to start or expand a business, you might need financing help. SBA participates in loan programs for business owners who may have trouble qualifying for a traditional loan.
SBA is not the only source for small-business loans. State and local economic-development agencies – and nonprofit organizations – provide low-interest loans to small businesses.
The specific terms of SBA loans are negotiated between a borrower and an SBA-approved lender. In general, the following provisions apply to all SBA 7(a) loans.
If you've ever applied for a charge account or a personal loan, there's a file about you. It contains information that's considered when you apply for financing.
Counseling, mentoring, and training from an SBA District Office, SCORE Chapter, Small Biz Development Center or Women’s Biz Center in your area.
U.S. Small Business Administration, 409 3rd St, SW. Washington DC 20416.