Small Business Administration's Recovery Capital Loans
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The Recovery Capital Loans Program offers deferred payment loans in the ceiling amount of $35,000 which could be payable for up to 5 years, and will not begin until 12 months after the final disbursements of funds are made.

The program is primarily designed to help small businesses pay for existing, qualifying small business loan for an period of time that does not exceed six months.

The Small Business Administration will also accept any type of available collateral in order to secure loans that are made under the Recovery Capital Loans Program.

To know more about this program, visit Topgovernmentgrants.com or go to the SBA.gov website.

Small Business with less than 500 employees will be eligible to take part in the Recovery Capital Loans Program.

The Small Business Administration, the principal agency funding this program, is primarily responsible for the maintenance and strengthening of nation's economy and they seek to achieve this by aiding, counseling, assisting and protecting the interests of small business establishments.

In the year 2009, the Small Business Administration has administered an estimated $255,000,000 for the Recovery Capital Loans Program.



Small Business Administration's Recovery Capital Loans
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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 - Minority Grants

Ethical Schools Project in Peru
The Ethical Schools Project revolves around the notion of promoting a culture of ethical behavior and civic responsibility among members of the youth, as well as teachers and parents. The project also aims to explore ways that would contribute to a reduction in corruption and other forms of illicit activities such as cocoa cultivation and illegal environmental degradation, which are both common practices in Peru.


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.


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


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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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