The government rarely serves as a lender on small business loans, instead indirectly providing guarantees for lenders to make small business loans with borrowers who may be considered higher risk. The government does this to encourage more lending in hopes of growing the economy by allowing more small businesses to form. In certain extreme cases, the government has acted as a direct lender. However, these situations are far and few between and typically reserved for times in which no other lender has the capital to make a small business loan.
How much funding does your small business need? Are you looking to fund your startup or existing business? Get started now with your funding search with our Funding Database. With hundreds of funding programs and $1,449,415,290 in available funding, you should not wait. Register as a member today!
You can also take advantage of the Small Business Startup Assessment Tool below and see the tools and resources you need to succeed at launching your business. It takes just a minute and will also tell you if there may be any funding programs available.