Monday, May 4, 2009
Helping Small Business Start, Grow and Succeed
Improved Financing to Start or Expand Your Small Business
If you're an entrepreneur looking to start or expand your business, the U.S. Small Business Administration has some good news for you. As part of the American Recovery and Reinvestment Act of 2009, the SBA is temporarily eliminating some borrower fees on two programs and temporarily increasing guarantees up to 90 percent on the 7(a) program, SBA's largest loan program. The fee elimination means more capital available to businesses at a lower cost. The increase in guarantee levels will help provide banks with the greater confidence they need to extend credit during the current economic crisis, which will mean more capital available to small business owners across the country.
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 Friday, May 1, 2009
SBA Expands Eligibility for 7(a) Loans To Spur Recovery Opportunities for Small Businesses
WASHINGTON - More small businesses will be eligible for U.S. Small Business Administration-backed loans, meaning greater access to much-needed capital in this tough economy, as a result of a temporary alternate size standard for the agency's largest lending program.
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 Wednesday, April 1, 2009
SBA's Zarnikow Discusses How the ARRA Benefits Small Businesses
The Small Business Administration's Eric Zarnikow, Associate Administrator for Capital Access, discusses the Business Loan Program's new features that will help entrepreneurs.
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 Wednesday, February 18, 2009
SBA Applauds Stimulus Bill, Planning Underway For Broadest, Quickest Small Business Impact
WASHINGTON - The American Recovery and Reinvestment Act contains a package of loan fee reductions, higher guarantees, new SBA programs, secondary market incentives, and enhancements to current SBA programs that will help unlock credit markets and begin economic recovery for the nation's small business sector.