Jun 09, 2009

SBA Loans Will Soon Be More Available

It looks like it will soon be easier to get an SBA small business loan, says a recent post by Stacy Perman on Business Week's Small Business Blog. As part of the 2009 stimulus package, the administration provided $730 million toward the SBA small business loan guaranty program and the SBA micro-loan program.

To learn about SBA loans, check out this presentation on SBA loans from SBA.gov. Skip ahead to slide 12 to get into the four main SBA loan programs (you'll probably be interested only in the 7(a) guaranty program and the micro-loan program).