The Small Business Administration (SBA) is an agency of the federal government that provides loans, counseling and procurement opportunities with the federal government. Simply stated: “The SBA helps Americans start, build, and grow businesses”. No other resource exists that is as dynamic and beneficial to the small business owner as the SBA.
7(a) Loan Program
The primary loan guaranty program utilized by the Small Business Administration. A small business owner may use the funds to purchase equipment or facilities. In addition, this loan program is used for working capital. It is the most popular program administered by the SBA.