US Small Business Administration

The US Small Business Administration, better known as small business administration or SBA, is a great resource for grants for starting a small business or for small business grants in general.

How SBA Can Help Small Businesses:

It teaches you first to understand basic financial structures and concepts so you know what you are doing.

The second step is to realize SBA's role in providing you the business loan that fits your unique needs.

You can choose between

- Guaranteed Loan Programs/Debt Financing,

- Bonding Programs/Surety Bonds, and

- Venture Capital Programs/Equity Financing.

After you went through the financial principles and chose your SBA program you fill in the SBA application process and find out what your credit factors are and how to apply.

SBA offers a convenient checklist to apply for your SBA loan. Don't miss out the chance and make sure you have all your papers handy and everything in place to receive the loan fast.

Time is Money!

If you are not interested in grants you still should try to apply for secured or unsecured small business loans.

The SBA also supports local small business resources like the local Women's Business Centers through funding.

Ever applied for a SBA loan? Please share your experience!

Do you have a great story about applying for a SBA loan? Share it!