The Micro-loan Program was created by the U.S. Small Business Administration (SBA) in 1992 to increase the amount of debt capital available to new and expanding businesses, and in particular to reach those that have traditionally had difficulty in accessing such financing: minorities, women, low-income individuals, veterans, those without credit […]
Certified Development Companies (CDCs) utilized the SBA 504 loan program, which is not directly available through private lenders, in order to provide small businesses with fixed-rate financing for up to 20 years. CDC’s are private, non-profit corporations that are certified by the SBA as development companies. CDCs were created to […]
Purpose is to help small businesses compete more effectively with import competition, as well as to significantly expand existing export markets or develop new export markets. This program is very similar to the SBA 7(a) guarantee loan program.
To provide loan guarantees to lenders, which are unable to provide conventional financing to small businesses (including agricultural enterprises). The SBAExpress loan program makes it easier and faster for lenders to provide small business loans of $350,000 or less. It allows lenders to use their own forms and processes to […]
CAPLines is the umbrella program under which the SBA helps small businesses meet their short-term and cyclical working-capital needs. The maximum loan size is $2,000,000. The program requires a high degree of collateral monitoring and control. The lender must retain full responsibility of the loan and the satisfactory performance of […]