small business loans

SBA

Small Business Investment Company

SBIC is SBA’s premier vehicle for providing venture capital to small growing companies and has set a record in FY2000. It is a private venture capital firms that receives additional funds from the SBA through the sale of SBA-guaranteed debentures of the Federal Financing Bank. These venture firms are federally regulated and can assume more risk, thus funding more start-ups than private firms.

An important thing to remember is that all government programs have social, economic and political objectives. You should not plan your business around these programs. To gain assistance, however, you should check to see if some government funds are available to help you implement your business plan.

Many federal programs offer financial assistance in addition to the SBA. If you would like a current list of all the government assistance programs, you should order these two catalogs:

Catalog of Federal Domestic Assistance
Office of Management and Budget
Superintendent of Documents
U.S. Government Printing Office
Washington, DC 20401
(202) 512-0132
Question hot line: (202) 708-5126
www.cfda.gov
To order online: www.cfda.gov/public/cat-order.htm

 



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