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SBA 7(a) loans are the most common option for business owners. Though some might require collateral, they are generally unsecured and are designed for working capital expenses. But you can use the ...
The SBA was created on July 30, 1953, by Republican President Eisenhower with the signing of the Small Business Act, currently codified at 15 U.S.C. ch. 14A.The Small Business Act was originally enacted as the "Small Business Act of 1953" in Title II (67 Stat. 232) of Pub. L. 83–163 (ch. 282, 67 Stat. 230, July 30, 1953); The "Reconstruction Finance Corporation Liquidation Act" was Title I ...
Business.gov was launched in 1997 as the U.S. Business Advisor by the National Technical Information Service of the United States Department of Commerce.The U.S. Business Advisor aimed to improve interaction between businesses and government agencies by providing a single resource for finding tools, how-to guides, frequently asked questions, current items of interest, and information on doing ...
Several organizations in the United States provide help for the small business sector, such as the Internal Revenue Service's Small Business and Self-Employed One-Stop Resource. [56] The Small Business Administration (SBA) runs several loan programs that may help a small business secure loans. In these programs, the SBA guarantees a portion of ...
The most common government-backed small business loan with loan amounts of up to $5 million available. Money can be used for almost any purpose, including working capital, payroll, expansion and ...
Small Business Administration loans are term loans or lines of credit partially guaranteed by the U.S. government. These loans have requirements and maximum interest rates set by the SBA. They ...
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