Home - Mortgage Loans | Personal Loans | Bad Debt Loans | Foreclosure Loans
Apply for a Loan | Best Auto Loans | Best Bad Credit Auto Loans | Best Bad Credit Loans | Best Bill Consolidation Loans | Best Cash Advance Loans | Best Credit Cards | Best Credit Repair Tips | Best Debt Consolidation Loans | Best Free Credit Reporting Tips | Best Home Equity Loans | Best Mortgage Loans | Best Pay Day Loans | Best Personal Loans | Best Products on the Internet | Best Unsecured Loans
Great Financial Advice
Apply for a Loan
Latest Financial News
Rate Lock Advisory
Best Products
Join Our Mailing List
Contact Us
Loan Articles Index
Auto Loans
Bad Credit Auto Loans
Bad Credit Loans
Bill Consolidation Loans
Cash Advance Loans
Credit Cards
Credit Repair Tips
Debt Consolidation Loans
Debt Reduction Loans
Foreclosure Loans
Free Credit Reporting Tips
High Risk Loans
Home Equity Loans
Home Loans
Lawsuit Loans
Mortgage Loans
Pay Day Loans
Personal Loans
Products on the Internet
Real Estate Services
UK loans
Unsecured Loans
Loan Article Index
Loan Articles A-G
Loan Articles H-Q
Loan Articles R-Z
Mortgage Calculators
Mortgage Calculator
Mortgage Amortization Calculator
Rent vs. Buy Calculator
How Much Can I Afford Calculator
Auto Payment Calculator
Click here to Sign up for Email and Newsletter

 

redhotloantips fat loss


Small Business Loan

Written by: Adam Smith



Do you have a great idea? Are you an entrepreneur at heart? Then what are you waiting for, now is the time to start your small business. The best way to get started is to secure the financing you will need to fund your small business. Fortunately, the government has a small business loan program that will help you get your business off the ground.



The Small Business Administration was officially established in 1953 to help small businesses receive the funding they need to be successful. This government backed institution was established to grant financial support to companies that cannot receive financing through the typical commercial lending channels. By lending to small businesses the government is able to encourage innovation and competition in the capital market, thereby offering a valuable service to both the benefactors of the loans as well as to end consumers. Thanks to the business loans served through the SBA loan process, more then 20 million small businesses have taken advantage of the opportunity to compete with their respective market leaders since the SBA's inception.



Now if you hope to get your small business off the ground then you will definitely need an SBA loan. Without an SBA loan you basically have very few options for financing. The harsh reality is most commercial lenders are unwilling to take the time or risk to lend to small businesses and first time entrepreneurs. Though your great idea may warrant a small business loan, commercial lenders are just not interested in serving this niche of the lending market. Some small businesses do get off the ground thanks to angel investors who invest their own money into a company in return for partial ownership in hopes that the company will take off and eventually have an initial public offering allowing the investor to exit the company with substantial returns on his capital. But this sort of financing is hard to come by and very expensive as you are forced to relinquish ownership in your company for relatively small amounts of money. Thus your only real option is to seek out an SBA loan.



You can work directly through the SBA to obtain a small business loan. The government has some funds set aside to meet the demands of small businesses. The typical SBA loan will range from $5,000 to $35,000 and can be used for almost any legitimate business purpose. An SBA loan can be used for a variety of different purposes, and you can learn more about the small business loan program by visiting the official site of the SBA, located at SBA.gov



Though commercial lenders will not typically lend to you through the traditional channels, many will be willing to offer you financing known as an SBA commercial loan. For all intents and purposes, this is merely an SBA loan that is financed and serviced by a commercial organization. An SBA commercial loan retains all the terms and conditions associated with a normal SBA loan and typically includes the government as a guarantor of the loan. That is to say, should your small business fail and you are unable to payback the commercial lender, the government will step in and cover the balance of the loan. For this reason some commercial lenders offer SBA commercial loans since most if not all of the risk is absorbed by the government.



Whether you are interested in an SBA loan or an SBA commercial loan, the Small Business Administration is here to answer all your small business loan questions and concerns.



Adam Smith is an informational author for 10X Marketing. For more information on small business loans please visit SNCLoans.com

About the author:

None


Other Related Articles:

When to get an Auto Refinance Loan
Auto Refinance You have probably heard of auto refinance before. Or simply refinance. The term "refinance" actually refers to a financial situation wherein a borrower finds financing to pay off a current loan. Refinance is often put into...read more

Bad Credit Personal Loan and Bad Credit Loans
Bad credit personal loans are widely available these days. These are personal loans marketed to individuals with a poor credit score or poor credit history. A bad credit personal loan can be obtained through a lender who specializes in bad credit...read more

Mortgage Loans 101: Who or What is Freddie Mac?
Freddie Mac can help you obtain a home mortgage loan. But while Freddie Mac might sound like a generous uncle, it's more closely related to Uncle Sam. So what is Freddie Mac, and how does it help you when buying a home? Freddie Mac is...read more


Return to Home

468x60

Best Auto Loans, Best Bad Credit Auto Loans, Best Bad Credit Loans, Best Bill Consolidation Loans, Best Cash Advance Loans, Best Credit Cards, Best Credit Repair Tips, Best Debt Consolidation Loans, Best Debt Reduction Loans, Best Foreclosure Loans, Best Free Credit Reporting Tips, Best High Risk Loans, Best Home Equity Loans, Best Home Loans, Best Lawsuit Loans, Best Mortgage Loans, Best Pay Day Loans, Best Personal Loans, Best Products on the Internet, Best Real Estate Services, Best UK loans, Best Unsecured Loans
Subscribe to Mailing List | Private Policy | Unsubscribe | Site Map