"Bear in mind these potential disadvantages are offset by many factors," Lentell says, "Not the least of which is that many lenders are hesitant to makes loans to small businesses - particularly start-ups - without the SBA guarantee."
On the other hand, if your business does not fit within the parameters of the business grants available, and you've decided to apply for a government loan instead (known as an SBA loan), the loan has to be paid back.
The aforementioned SBA offices and SCORE, a business organization of retired business owners who volunteer their time, may be able to guide your writing efforts, but you'll still need to draft the plan yourself.
The Small Business Administration (SBA) also states, "[…] that the U.S. Small Business Administration does not offer grants to start or expand small businesses, though it does offer a wide variety of loan programs."
While most SBA programs allow lenders to use their own lending practices and procedures, there may be additional requirements you'll need to meet when applying for an SBA loan in contrast to a direct bank loan.
The SBA's LowDoc loan or Low Documentation loan is part of the Small Business Administration's streamlined loan program and the most popular type of small business financing assistance programs the SBA offers.
Upon retirement, with twenty years of service to the college, and a minimum of five years contributing to the trust, a retiree will receive one hundred percent of the Standard Benefit Amount, or SBA.
Variable rates can be pegged to either the lowest prime rate or the SBA optional peg rate, a weighted average of rates the fed pays for, calculated quarterly and published in the "Federal Register."
Business Information Centers (BICs) provide clients with free Internet for conducting market research, identify competitors and access the SBA and interactive or CD-ROM on-line training programs.
Of the minerals containing gold the most important are sylvanite or graphic tellurium (Ag, Au) Tee, with 24 to 26%; calaverite, AuTe2, with 42%; nagyagite or foliate tellurium (Pb, Au)16 Sba(S, Te)24, with 5 to 9% of gold; petzite, (Ag, Au) 2 Te, and white tellurium.