SBA Proposed Changes To The 8(a) Business Development Program
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. Lenders certified by the SBA are part of the Certified Lender Program (CLP). The Small Defense Plants Administration performed initial screening and provided counseling services to small businesses and provided certification that they were qualified to receive government contracts.
The Administration also provided help to small businesses to obtain government contracts and provided management consulting and technical assistance. If the risks connected with the loan are rather high, it is generally a better option to seek investors from within the family or the social circle that could lend money or buy a part of the business.
The comprehensive guide provided below will help you understand more about business loans, how to avail them, etc. Education in … Read More...