Secondary Market Lending Authority Program
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To understand this program further, one must first get acquainted with the idea of a secondary market. Simply put, a secondary market is the type of market that makes it possible for investors to purchase assets and securities from other investors, instead of buying them directly from the issuing companies themselves.

With that idea, the Secondary Market Lending Authority revolves around the working notion of enabling secondary market broker dealers to obtain direct loans in order to finance their inventory of SBA guaranteed loans, which they can then resale in the secondary market.

Small Business owners will then be able to directly avail of loans from the profit organizations that have signed up for Secondary Market Lending Authority Program.

For-profit organizations in the trades of Business or Commerce will be considered eligible to participate in this program.

The Small Business Administration, the principal agency overseeing the Secondary Market Lending Authority, is the country's leading agency that is dedicated to strengthen and maintain the nation's economy by way of assisting, counseling, aiding and protecting the best interests of small business establishments.

Secondary Market Lending Authority Program
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About The Author Iola Bonggay is an editor of TopGovernmentGrants.com one the the most comprehensive Websites offering information on government grants and federal government programs. She also maintains Websites providing resources on environmental grants and grants for youth programs.

Additional Resources

category - Minority Grants

Department of Housing and Urban Development's Dollar Homes Program
The Dollar Homes Program revolves around the process of selling single family homes for a superbly reasonable price of $1 (plus closing cost) to low-to-moderate income families, granted that these houses have been acquired through foreclosure by the Federal Housing Administration, and have already been actively marketed for at least six months and still remained unsold after that certain period of time.

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Secondary Market Lending Authority Program
The Small Business Administration has constituted the Secondary Market Lending Authority program, one which aims to provide liquidity for the secondary market, thereby ultimately encouraging new lending opportunities from banks of Small Business Administration guaranteed loans.

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Department of Agriculture: Technical Assistance and Training Grant
The Department of Agriculture has recently established the Technical Assistance and Training Grants program.

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Department of Agriculture: Value Added Producer Grants
The Value-Added Producer Grants program is geared towards helping the Independent Producers of Agricultural Commodities, Agriculture Producer Groups, Farmer and Rancher Cooperatives, and Majority-Controlled Producer-Based Business Ventures in developing techniques that would create marketing opportunities and establish business plans involving viable marketing opportunities that involve the production of bio-based products from agricultural commodities.

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