While there are strong signals that the small business merger & acquisition market is heating up in 2011, most entrepreneurs are still being challenged when it comes to obtaining capital to fund the acquisition. Most efforts to sell a business fail to gain good value because the owner remains an entrepreneur and does not prepare the business to attract a good buyer. Purchasing a business requires money, most often obtained through business loans for women or through another type of loan.
SBA loans are used heavily by banks of all sizes to finance the purchase or construction of business owner-occupied real estate (i.e. real property purchased for commerce). Government loans that have been established over time can open the door to the benefits of refinancing via the Small Business Administration and its affiliate lenders.
According to statistics, SBA has so far helped over 20 million enterprises, with over 200,000 loans worth over 40 million dollars. Young minds are out there just waiting for an opportunity to grow with a new business that offers an exciting idea or two. The Small Business Association can help facilitate loans for business owners through third party lenders, guarantee a bond, or help one raise venture capital.
In addition to educational events offered on the SBA’s website, local offices also provide more personalized special events for small business owners. These intermediaries typically require some type of collateral and a personal guarantee from the business owner that the loan will be repaid. SCORE volunteers work with the SBA to provide small business mentoring and training to entrepreneurs through SBA offices.
However, it may be possible to access data on other federal government grants by working with SBA. Equal Housing Lender We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act. Related Records: Record copies of publications of the Small Business Administration and its predecessor in RG 287, Publications of the U.S. Government.