In terms of financing, the SBA offers several loan options. The primary business loan program of the SBA is the Basic 7(a) Loan Guaranty. Other SBA Loans include the Microloan (a 7(m) Loan Program) and the Certified Development Company loan (CDC: a 504 Loan Program).
Searching for Small Business Financing Using BusinessFinance.com
BusinessFinance.com allows entrepreneurs to search over 4,000 sources of business financing. Be sure to take advantage of the business resources at the bottom right of the home page including free small business how-to workbooks and tools.
Finding Small Business Loan Quotes Using Business Owner’s Toolkit
Business Owner’s Toolkit is an excellent resource for small business owners and entrepreneurs. To find small business loan quotes, follow these instructions:
- At the top of the Business Owner’s Toolkit home page is a section entitled Vendor Price Quotes.
- Click the Categories drop-down list and select Small Business Loan.
- Click the Get Quotes button to display a form.
- Complete the form.
- Click the Get Quotes button to find suitable small business loans.
Financing a Small Business Using Go4Funding.com
Go4Funding.com is a unique website that pairs entrepreneurs who need capital with investors (venture capitalists and angel investors). Using Go4Funding.com, entrepreneurs can post their capital needs in hopes of getting picked up by an interested investor.
Financing a Small Business Using iBank.com
iBank.com specializes in helping entrepreneurs obtain financing for their small business. The site offers 18 loan programs and one application to multiple lenders. The entrepreneur can also perform an advanced lender search via loan category, loan amount, loan location, and loan type.
Additionally, iBank’s Business StartUp Center provides an excellent tutorial for entrepreneurs getting started in their small business.