Tuesday, January 22, 2013

Microloan Program | SBA.gov

Microloan Program | SBA.gov: "Technical Assistance

Each intermediary (lender) is required to provide business training and technical assistance to its micro-borrowers. If you apply for microloan financing, you may be required to fulfill training and/or planning requirements before your loan application is considered. This business training can be helpful to you as you launch or expand your small business.

Terms, Interest Rates, and Fees

Loan terms vary according to:

The size of the loan

The planned use of funds

The requirements of the intermediary lender

The needs of the small business borrower

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