Funding 101: Overview of SBA Funding Programs for Small Business
Date and time
-
Organizer
Earl Gregorich
earl.gregorich@sba.gov
803-253-3123
Host organization
SBA - Duncan, SC
Type of event
SBA event
Event description
IF YOU NEED ACCESS TO CAPITAL TO HELP YOU ACHIEVE YOUR BUSINESS GOALS, THE SBA OFFERS A VARIETY OF FUNDING PROGRAMS FOR ALL KINDS OF SMALL BUSINESS VENTURES.
Funding to Help You Start or Grow Your Business While the SBA has many specialty loan lines, our loan programs can be divided into three main categories:
• The 7(a) Loan: Can be used for almost any purpose, including buying real estate, equipment, inventory, or for working capital, refinancing business debt, or purchasing a small business.
• SBA Microloan Program: Great for helping start-ups launch and grow, or repair credit. Loans from $500 to $50K plus free business counseling.
• 504 Certified Development Company Loan Program: Competitive fixed-rate mortgage financing to purchase land, heavy equipment, or real estate for businesses that do not qualify for traditional financing.
Other funding options will also be covered in this session.
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