The SBA offers federal support for small businesses through guaranteed loans from local lenders, low-interest disaster recovery loans, and federal contracting opportunities. The government sets aside 23% of roughly $500 billion in prime contracts for small businesses.
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Do you dream of owning your own small business? We can help. The U.S. small Business Administration is the only federal agency dedicated to helping small businesses start, grow, expand or recover after a disaster. With our local offices and nationwide network of resource partners providing free or low cost business assistance, we've got you covered. If you're looking for capital, SBA backed loans may be an option. SBA guarantee loans are made by participating local lenders and help small business owners and entrepreneurs who are credit worthy but don't qualify for conventional financing. The SBA reduces the lender's risk, increasing the likelihood your loan will be approved with the terms that work best for you. If you're affected by a declared disaster, the SBA can help you and your community get back on its feet. We provide homeowners, renters and businesses of all sizes with low interest disaster recovery loans. If you've ever thought about expanding into government contracting, talk to your local SBA specialist. Of the $500 billion in prime federal contracts awarded annually, 23% are set aside for small businesses. SBA programs and services can help you better compete in the public marketplace. We're powering the American Dream by empowering small businesses, and we can't wait to work with you. Learn more@sba.gov.