Small Business Administration's Recovery Capital Loans
Page 2

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
  Back to Page 1

About The Author The TopGovernmentGrants Editorial Staff maintains one the most comprehensive Websites offering information on government grants and federal government programs. The staff also provides resources to other Websites with information on environmental grants and grants for youth programs.

Additional Resources

category - Small Business Grants

Historically Underutilized Business Zones - HUBZone Empowerment Contracting Program
The Small Business Administration has established the Historically Underutilized Business Zones (HUBZone) Empowerment Contracting Program wherein they aim to provide federal contracting assistance to eligible small business corporations which are located in underutilized business zones so as to improve their employment opportunities, investments, and their area's economic development.

---

Finding Federal Grants for Woman Owned Businesses
There are many U.S. government grants that are available today. American citizens are not just aware or familiar with it because there is not advertisement about it. This is probably because there are no funds allocated for such announcements....

---

Small Business Administration's Small Business Investment Companies
The Small Business Investment Companies Program revolves around the notion of developing privately owned and managed investment companies which will be licenses and regulated by the Small Business Administration, so as to provide equity capital, long term loans, and advisory services to small business requiring such services.

---

Small Business Administration Background
The Small Business Administration was established in 1953. Since that time the agency has dispensed millions of dollars in loans and loan guarantees, contracts, consulting assistance and other programs for small business across the United States.

---