Select which email service you want to send an email with
The Business and Industry (B&I) Guaranteed Loan Program provides loan guarantees of 80 percent loan guarantees for loans of $200,000 to $5 million and 70 percent loan guarantees for loans between $5 million and $10 million to eligible lenders for projects that create and save jobs in rural communities – areas with a population of 50,000 or less.
The program allows lenders offer loans to borrowers at lower, fixed, or variable interest rates. These fully amortized loans have longer repayment terms, no balloon payments, and no renewal requirements.
Eligible borrowers include the following:
• cooperative organizations
• legal entities organized and operated on a profit or nonprofit basis
• Native American Tribes on a Federal or State reservation
• other Federally recognized tribal groups
• public bodies
Borrowers use B&I guaranteed loans for the following purposes:
• business and industrial acquisition that prevents a business from closing or helps create jobs
• business conversion, enlargement, repair, or modernization
• purchase of land, easement, right-of-way, or facility
• purchase of a buildings
• purchase of machinery, equipment, or inventory
• working capital
• certain types of debt financing
Normally available to businesses in rural areas, which include all areas other than cities or towns of more than 50,000 people and the contiguous and adjacent urbanized area of such cities or towns.
The Microloan program provides small loans ranging from under $500 to $50,000 to women, low-income, minority, veteran, and other small business owners through a network of approximately 160 intermediaries nationwide. Under this program, the SBA makes...
The Department of Commerce(DOC) Office of Small and Disadvantaged Business Utilization (OSDBU) helps increase contract and subcontract awards to small and disadvantaged businesses. The OSDBU identifies potential businesses for use by DOC and its prim...
The Business and Industry (B&I) Guaranteed Loan Program provides loan guarantees of 80 percent loan guarantees for loans of $200,000 to $5 million and 70 percent loan guarantees for loans between $5 million and $10 million to eligible lenders for pro...
The Small Business Innovation Research (SBIR) Program and the Small Business Technology Transfer (STTR) Program are two competitive grant programs that ensure the nation's small, high-tech, innovative businesses are a significant part of the Federal ...
Deducting Business Expenses
Business expenses are the cost of carrying on a trade or business. These expenses are usually deductible if the business is operated to make a profit.
What Can I Deduct?
To be deductible, a business expense must be both...
The Minority Business Development Agency (MBDA), an agency of the U.S. Department of Commerce, fosters the growth and global competitiveness of U.S. businesses that are minority-owned. MBDA is the only federal agency dedicated to creating minority fi...
The U.S. Commercial Service Market Intelligence includes the following types of market research support: country and industry reports, customized market research, background reports, and trade data and analysis. Follow this link for contact informat...
The U.S. Small Business Administration (SBA) helps Americans start, build and grow businesses through an extensive network of field offices and partnerships with public and private organizations. SBA's mission is to aid, counsel, assist and protect t...
Congratulations for making the decision to employ the Verification Assessment Tool. In fiscal year (FY) 2011, the Department of Veterans Affairs awarded more than three and a half billion dollars to veteran-owned small business and service disabled v...
The Small Business Ombudsman program is comprised of a website and a call center that provides information and counseling to assist small businesses with their day-to-day interactions with the U.S. Census Bureau. Businesses can contact the Small Busi...