Author: trendmob

Program Description The Fisheries Finance Program (FFP) is a direct government loan program that provides long term financing for the cost of construction or reconstruction of fishing vessels, fisheries facilities, aquacultural facilities and individual fishing quota in the Northwest Halibut/Sablefish and Alaskan Crab Fisheries. Program Requirements To be eligible for this benefit program, you must… Continue reading Fisheries Finance Program

Program Description The purpose of the Business & Industrial (B&I) Guaranteed Loan Program is to improve, develop, or finance business, industry, and employment and improve the economic and environmental climate in rural communities. This purpose is achieved by bolstering the existing private credit structure through the guarantee of quality loans which will provide lasting community… Continue reading Business and Industrial Loans

Program Description The SBA’s Small Business Investment Company (SBIC) program seeks to stimulate and supplement the flow of private equity capital and long-term loan funds to small businesses, which small business concerns need for the sound financing of their business operations and for their growth, expansion, and modernization when such capital is not available in… Continue reading Equity Investment – Small Business Investment Company (SBIC) Program

Program Description If you are in a declared disaster area and have experienced damage to your business, you may be eligible for financial assistance from the Small Business Administration (SBA). Businesses of any size and most private nonprofit organizations may apply to the SBA for a loan to recover after a disaster. Program Requirements In order to… Continue reading Business Physical Disaster Loans

Program Description The purpose of the Military Reservist Economic Injury Disaster Loan program (MREIDL) is to provide funds to eligible small businesses to meet its ordinary and necessary operating expenses that it could have met, but is unable to meet, because an essential employee was “called-up” to active duty in their role as a military… Continue reading Military Reservist Economic Injury Disaster Loan Program

Program Description The MicroLoan Program provides very small loans to start-up, newly established, or growing small business concerns and certain not-for-profit childcare centers. Under this program, SBA makes funds available to nonprofit community based lenders (Microlender Intermediaries) which, in turn, make loans to eligible borrowers in amounts up to a maximum of $50,000. The average… Continue reading Microloan Program

Program Description The CDC/504 loan program is a long-term financing tool for economic development within a community. The 504 Program provides growing businesses with long-term, fixed-rate financing for major fixed assets, such as equipment or real estate. Program Requirements To be eligible, the business must be operated for profit and fall within the size standards… Continue reading Certified Development Company (CDC) (504) Loan Program

Program Description The purpose of the program is to help Indian-owned businesses obtain commercially-reasonable financing from private sources. The Division of Capital Investment manages the Indian Loan Guaranty, Insurance, and Interest Subsidy Program which breaks through the conventional barriers to financing for tribes and individual Indians. The loan program helps facilitate loan financing for borrowers… Continue reading Indian Loan Guaranty, Insurance, and Interest Subsidy Program