Posts tagged SCORE
Are there SBA Loans for Women Entrepreneurs?

According to the National Association of Women Business Owners (NAWBO), there are over 11.6 million women entrepreneurs across the U.S., generating approximately $1.7 in sales each year. And, just like other hardworking entrepreneurs, women need capital in order to start, maintain, and grow their businesses. Fortunately, the SBA has stepped in with several programs that can help women take their businesses to the next level. If you’re a woman business owner looking for SBA funding, this is what you need to know.

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What are SBA Microloans?

SBA Microloans, which come in amounts between $10,000 and $50,000, are the smallest loans offered by the Small Business Administration. SBA Microloans are ideal for small startups, borrowers with limited collateral, or those who just need a small financial boost to get through a rough period in their business.

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What is the Small Business Administration (SBA)?

The Small Business Administration, also known as the SBA, is a U.S. government agency tasked with providing assistance and support to small businesses across the country. Founded in 1953, the SBA’s activities are often summarized by using “three C’s” of capital, contracts and counseling.

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