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SBA loans
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For different small businesses, some types of funding are more suitable than others; start-up businesses sometimes seek investors, look for grants, and others apply for loans. The
SBA
was created to
help small businesses become successful
through financial assistance and
loans
, and through expert advice and workshops to help develop small businesses all areas-greeting cards, painting, interior design, consulting, entertainment, retail, restaurants and cafes, appliance repair, real estate, catering, and more.
Small businesses are important for the country's economy, and SBA loans can help small businesses become successful.
- A small business start-up seeking finance capital can either find private or angel investors, or look into
loans
, such as those provided by the
US Small Business Administration.
- The SBA has been serving the country by
aiding small businesses for the past 50 years
.
- According to the SBA, there were approximately
23 million businesses in the US in 2002
, and that small businesses account for about
75% of new jobs created
in the country.
- Nearly
20 million small businesses
have received direct or indirect help from one or another
SBA programs
since 1953.
- Since 1958,
SBA's venture capital program has put more than $30 billion into the hands of small business owners
to finance their growth.
- SBA's programs now include
financial
and federal contract procurement assistance,
management assistance
, and
specialized outreach
to women, minorities and armed forces veterans.
- Take the VentureWorthy survey to learn more on SBA loans.
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