Small Business Administration's Recovery Capital Loans

by:

The Small Business Administration, otherwise known as SBA, is the United States government's leading agency that is responsible for offering and providing support to the country's entrepreneurs and small businesses.

The Small Business Admianistration is constantly working towards enabling the growth and development of small businesses as stipulated in their mission statement, which is "to maintain and strengthen the nation's economy by enabling the establishment and viability of small businesses and by assisting in the economic recovery of communities after disasters."

In keeping with the agency's mission, SBA has recently established the Recovery Capital Loans Program which provides financial assistance to small business with less than 500 employees to obtain a deferred payment loan from the agency, in order to meet existing debt payments, thereby giving the business the opportunity to refocus their business strategy.

  (continued...)

Small Business Administration's Recovery Capital Loans
  Page 2

About The Author

Michael Saunders is an editor of TopGovernmentGrants.com one the the most comprehensive Websites offering information on government grants and federal government programs.

He also maintains Websites providing resources on environmental grants and grants for youth programs.




Additional Resources



category - Small Business Grants

Business Loans From GovLoans
The government has launched innumerable programs that are all geared towards the achievement of this goal. Some of these programs involve the provision of technical assistance, training sessions, and strategies that would potentially help business owners in marketing their products and in expanding their businesses.


Community Development Financial Institutions
Community Development Financial Institutions are basically financial institutions who possess the ability to provide credit and financial services to underserved industries and communities.


Small Business Innovation Research Phase IIB Bridge Awards
In line with this mission, the NIH has recently constituted the Small Business Innovation Research Phase IIB Bridge Awards to Accelerate the Development of Cancer Therapeutics, Imaging Technologies, Interventional Devices, Diagnostics, and Prognostics Toward Commercialization Program.


Small Business Administration's Loan Guarantees Program
The Small Business Administration has established the Loan Guarantees Program wherein they aim to be able to provide guaranteed loans to small business establishments which are not capable of acquiring financing from a private credit marketplace but greatly manifests the ability to repay funds in a timely manner.







Social Entrepreneurship
Spotlight



Key Traits of Social Entrepreneurs


An interview with John Elkington, Founder and Chief Entrepreneur, SustainAbility. Social entrepreneurs are generating impressive results — and capturing the imaginations of businesspeople and public policy makers.




Not for Profit Jobs in Nebraska

  Executive Director Jobs
  Substance Abuse Jobs
  Program Director Jobs
  Executive Director Jobs
  Social Services Jobs