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CDC Bylaws Crosswalk and FAQ on Eliminating Membership
… on the Board. 3. No person who is a member of a CDC's staff may be a voting member of the Board except for the … than approved affiliations under 120.820, a CDC may not permit more than one of its Directors to be employed by or … of Directors of any single entity (including the entity’s affiliates), unless that entity is a civic, charitable, or … -
ROM 10-03 – Notice of Finding and Recommendation on Recovery Act Loans Involving Change of Ownership Transactions
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Is Starting a Business Your New Year’s Resolution? The SBA Can Help
… Is Starting a Business Your New Year’s Resolution? The SBA Can Help December 20, 2023 For aspiring entrepreneurs, there’s no better New Year’s resolution for 2024 than to make your … It’s also important to stay legally compliant. License and permit requirements can vary by state. Visit your state’s … -
Become an SBA lender
… federal guaranty. Content Why become an SBA lender? The U.S. Small Business Administration (SBA) guarantees that loans … -
Whistleblower protection
… to the SBA OIG regarding fraud waste or abuse in the SBA’s programs or operations, you are probably a whistleblower. … OIG. Under the Federal prohibited personnel practices, 5 U.S.C. §2302(b)(8), employees may not “take or fail to take, or … former employee. The Whistleblower Protection Coordinator's primary roles are: Educate all SBA employees, including … -
Selling Overseas Using E-Commerce? Here Are Some Useful Resources for Trade Compliance
… trend that only accelerated through the COVID pandemic. U.S. Small Business Administration The SBA works to ignite … rules and where to find them. Do your due diligence of the seller and the information they provide about the product, … as the customs declaration. You should discuss with the seller the exact delivery arrangements, including who will be … -
Develop your export plan
… and modern technology. Content Talk to the experts The U.S. Small Business Administration's (SBA) District Offices and local Resource Partners deliver … assistance with your small business plans and training. U.S. Export Assistance Centers (USEACs) can help you develop … -
Write your business plan
… for how to structure, run, and grow your new business. It’s a way to think through the key elements of your business. … Pick a business plan format that works for you There’s no right or wrong way to write a business plan. What’s important is that your plan meets your needs. Most business … -
7 Tax Strategies to Consider When Selling a Business
… assets, such as inventory, produce ordinary income. It’s up to the parties to negotiate the terms of the sale, which … that allocation is a negotiation. The reason: while the seller wants to allocate as much as possible to capital gain … can resolve the structure of the sale. For example, a seller may be willing to take a little less to complete a … -
SBA Open Government Plan
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Business Loan Program Improvements
… access to capital for small businesses by modernizing SBA’s signature 7(a) working capital* and 504 fixed asset loan … Credit Not Available Elsewhere 7(a) & 504 An applicant’s personal resources could impact the credit not available … why credit was not available elsewhere An applicant’s personal resources do not impact the “credit not available … -
The SBA Is Excited to Help New Businesses in the New Year
… mind for the new year, the SBA can help you get started. U.S. Small Business Administration The SBA works to ignite … start, grow, expand, or recover. Read more about U.S. Small Business Administration If your New Year’s resolution for 2023 is to start your own business, the SBA … -
SBA ofrece asistencia por desastre a las pequeñas empresas de Mississippi afectadas económicamente por la sequía extrema
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Readout of SBA Administrator Guzman’s Visit to Local Black-Owned Businesses in Celebration of Black History Month
… Readout of SBA Administrator Guzman’s Visit to Local Black-Owned Businesses in Celebration of … Administrator Isabel Casillas Guzman , head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s cabinet for America’s more than 33 million small … -
Debenture Refinancing Policy Letter
… Refinancing Policy Letter This letter clarifies SBA’s position on “refinancing” and maximum leverage. Policy guidance U.S. SMALL BUSINESS ADMINISTRATION WASHINGTON, D.C. 20416 DATE … outstanding debenture leverage. This letter clarifies SBA’s position on "refinancing" and maximum leverage. 2. … -
SBA Announces First-of-Its-Kind Technology Initiative for Restaurant Revitalization Fund
… for Restaurant Revitalization Fund WASHINGTON - The U.S. Small Business Administration announced today the first … for them to come to us.” Under Administrator Guzman’s leadership, the SBA is prioritizing inclusion and equity in … can be found at www.sba.gov/restaurants . ### About the U.S. Small Business Administration The U.S. Small Business … -
Premier Certified Lenders Program Control Agreement
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Guaranty Purchase Process
… of Account Payment of Interest If SBA receives a lender’s complete purchase package within 120 days of default, then … until the date of default. If SBA does not receive lender’s complete purchase package within 120 days from the date of … 13 C.F.R. § 120.524. Under certain circumstances, SBA may permit reinstatement of the guaranty and extension of the … -
CDC Bylaw Summary Guide Overview
… in detail, all of the revised regulations as it is the CDC’s responsibility to comply with all program requirements to … CDC does have membership, it should be included in the CDC’s Bylaws. 120.823 (a) Formation- Board formed in any manner … must be authorized by the Bylaws. Delegation to committee(s) does not relieve Board of responsibility imposed by law or …